Preferred Historical Income Statement

PFBC Stock  USD 95.67  1.91  2.04%   
Historical analysis of Preferred Bank income statement accounts such as Other Operating Expenses of 37.9 M, Operating Income of 221.2 M, EBIT of 220.3 M or Ebitda of 222.2 M can show how well Preferred Bank performed in making a profits. Evaluating Preferred Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Preferred Bank's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Preferred Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Preferred Bank is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.

About Preferred Income Statement Analysis

Preferred Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Preferred Bank shareholders. The income statement also shows Preferred investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Preferred Bank Income Statement Chart

At present, Preferred Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 289.4 M, whereas Other Operating Expenses is forecasted to decline to about 37.9 M.

Total Revenue

Total revenue comprises all receipts Preferred Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Preferred Bank minus its cost of goods sold. It is profit before Preferred Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Preferred Bank. It is also known as Preferred Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Preferred Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Preferred Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.At present, Preferred Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 289.4 M, whereas Other Operating Expenses is forecasted to decline to about 37.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense25.2M47.0M188.6M198.0M
Depreciation And Amortization1.9M1.9M1.7M1.7M

Preferred Bank income statement Correlations

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-0.330.80.930.50.980.980.980.440.990.110.980.920.83-0.790.620.90.870.920.880.810.62
-0.230.960.930.430.890.930.930.720.950.070.950.860.61-0.670.420.810.830.840.860.690.85
-0.20.380.50.430.330.370.37-0.160.440.40.470.340.62-0.760.180.530.410.560.570.720.34
-0.320.760.980.890.330.990.990.490.980.030.960.930.8-0.690.670.890.880.90.860.720.59
-0.340.810.980.930.370.991.00.520.980.030.960.940.79-0.670.670.870.860.890.860.70.64
-0.260.820.980.930.370.991.00.540.990.040.970.950.79-0.680.650.880.870.90.870.710.65
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-0.240.840.990.950.440.980.980.990.530.130.990.940.78-0.770.580.90.890.920.890.780.68
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-0.250.850.980.950.470.960.960.970.530.990.140.880.76-0.790.510.910.880.920.890.80.69
-0.210.750.920.860.340.930.940.950.480.940.090.880.77-0.670.680.80.830.830.80.680.59
-0.320.440.830.610.620.80.790.790.010.780.190.760.77-0.740.750.890.810.880.840.750.35
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-0.40.30.620.420.180.670.670.650.050.580.090.510.680.75-0.290.540.560.550.530.260.15
-0.170.690.90.810.530.890.870.880.360.90.170.910.80.89-0.790.540.950.990.970.810.63
-0.160.730.870.830.410.880.860.870.490.890.10.880.830.81-0.690.560.950.950.950.720.7
-0.170.730.920.840.560.90.890.90.390.920.150.920.830.88-0.80.550.990.950.980.830.66
-0.160.790.880.860.570.860.860.870.470.890.180.890.80.84-0.740.530.970.950.980.740.76
-0.120.540.810.690.720.720.70.710.090.780.210.80.680.75-0.950.260.810.720.830.740.4
-0.060.910.620.850.340.590.640.650.860.680.00.690.590.35-0.40.150.630.70.660.760.4
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Preferred Bank Account Relationship Matchups

Preferred Bank income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.3M1.9M1.9M1.9M1.7M1.7M
Interest Expense62.1M40.1M25.2M47.0M188.6M198.0M
Total Revenue170.9M180.2M193.6M254.4M275.6M289.4M
Gross Profit170.9M180.2M193.6M254.4M481.8M505.8M
Other Operating Expenses59.5M83.4M59.8M28.2M65.0M37.9M
Operating Income111.4M96.9M133.8M226.2M210.6M221.2M
Ebit111.4M96.9M133.8M179.2M209.9M220.3M
Ebitda112.7M98.8M135.7M181.1M211.6M222.2M
Total Operating Expenses(59.5M)(83.4M)(59.8M)(28.2M)65.0M68.2M
Income Before Tax111.4M96.9M133.8M179.2M209.9M220.3M
Total Other Income Expense Net111.4M(176K)(2.5M)(895K)(778K)(816.9K)
Net Income78.4M69.5M95.2M128.8M150.0M157.5M
Income Tax Expense33.0M27.4M38.6M50.4M59.8M62.8M
Selling General Administrative41.5M42.0M45.1M48.6M51.3M26.0M
Net Income Applicable To Common Shares77.7M69.3M95.2M128.8M148.2M155.6M
Selling And Marketing Expenses840K564K568K811K737K577.3K
Net Income From Continuing Ops78.4M69.5M95.2M128.8M153.8M80.4M
Tax Provision33.0M27.4M38.6M50.4M60.9M39.0M
Net Interest Income164.6M174.2M185.9M247.4M294.1M188.0M
Interest Income226.7M214.3M211.0M294.4M451.4M240.6M
Reconciled Depreciation1.3M1.9M1.9M1.9M1.7M1.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Preferred Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preferred Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preferred Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preferred Bank Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preferred Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Preferred Stock refer to our How to Trade Preferred Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Preferred Bank. If investors know Preferred will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Preferred Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.8
Earnings Share
9.99
Revenue Per Share
19.356
Quarterly Revenue Growth
(0.05)
The market value of Preferred Bank is measured differently than its book value, which is the value of Preferred that is recorded on the company's balance sheet. Investors also form their own opinion of Preferred Bank's value that differs from its market value or its book value, called intrinsic value, which is Preferred Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Preferred Bank's market value can be influenced by many factors that don't directly affect Preferred Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Preferred Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preferred Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preferred Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.