Preferred Income Before Tax vs Operating Income Analysis
| PFBC Stock | USD 95.67 1.91 2.04% |
Preferred Bank financial indicator trend analysis is much more than just breaking down Preferred Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Preferred Bank is a good investment. Please check the relationship between Preferred Bank Income Before Tax and its Operating Income accounts. 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.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Preferred Bank Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Preferred Bank's Income Before Tax and Operating Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Preferred Bank, assuming nothing else is changed. The correlation between historical values of Preferred Bank's Income Before Tax and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Preferred Bank are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Preferred Bank's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Preferred Bank income statement and is an important metric when analyzing Preferred Bank profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Operating Income
Operating Income is the amount of profit realized from Preferred Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Preferred Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Preferred Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Selling General Administrative is forecasted to decline to about 26 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 25.2M | 47.0M | 188.6M | 198.0M | Depreciation And Amortization | 1.9M | 1.9M | 1.7M | 1.7M |
Preferred Bank fundamental ratios Correlations
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Preferred Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Preferred Bank fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.6B | 5.1B | 6.0B | 6.4B | 6.7B | 7.0B | |
| Total Stockholder Equity | 470.0M | 525.4M | 586.7M | 630.4M | 695.1M | 729.9M | |
| Net Debt | (378.9M) | (621.4M) | (860.0M) | (578.6M) | (742.9M) | (705.7M) | |
| Cash | 498.6M | 739.5M | 1.0B | 747.5M | 910.9M | 956.4M | |
| Other Assets | 3.5B | 3.8B | 4.0B | 4.7B | (910.9M) | (865.3M) | |
| Cash And Short Term Investments | 739.3M | 979.1M | 1.5B | 1.2B | 910.9M | 477.7M | |
| Common Stock Shares Outstanding | 15.1M | 14.9M | 14.9M | 14.8M | 14.3M | 10.4M | |
| Liabilities And Stockholders Equity | 4.6B | 5.1B | 6.0B | 6.4B | 6.7B | 7.0B | |
| Other Stockholder Equity | 116K | 6.6M | (2.0M) | (26.9M) | (76.3M) | (72.5M) | |
| Total Liab | 4.2B | 4.6B | 5.5B | 5.8B | 6.0B | 6.3B | |
| Total Current Assets | 757.6M | 1.0B | 1.5B | 1.2B | 1.9B | 2.0B | |
| Other Liab | 36.8M | 53.3M | 54.2M | 38.6M | 44.4M | 25.1M | |
| Retained Earnings | 255.1M | 301.0M | 373.0M | 475.1M | 592.3M | 621.9M | |
| Accounts Payable | 3.3M | 1.2M | 715K | 2.6M | 16.1M | 15.3M | |
| Long Term Debt | 99.2M | 99.3M | 147.8M | 148.0M | 148.2M | 74.5M | |
| Short Term Investments | 240.6M | 239.7M | 451.9M | 428.3M | (319.7M) | (303.7M) | |
| Inventory | (561.4M) | (786.8M) | (1.1B) | (814.8M) | (947.1M) | (899.8M) | |
| Property Plant Equipment | 29.3M | 27.9M | 32.5M | 30.7M | 35.3M | 37.1M | |
| Short Long Term Debt Total | 119.7M | 118.0M | 170.6M | 168.9M | 168.0M | 85.0M | |
| Total Current Liabilities | 3.3M | 1.2M | 715K | 2.6M | 5.7B | 5.9B | |
| Property Plant And Equipment Net | 29.3M | 27.9M | 32.5M | 30.7M | 31.7M | 33.3M | |
| Non Current Assets Total | 330.4M | 336.7M | 557.4M | 542.6M | 5.7B | 6.0B | |
| Non Currrent Assets Other | (330.4M) | (336.7M) | (557.4M) | (542.6M) | (171.3M) | (179.8M) | |
| Net Receivables | 18.3M | 23.7M | 14.6M | 23.6M | 36.3M | 38.1M | |
| Non Current Liabilities Total | 119.7M | 118.0M | 170.6M | 2.6M | 327.8M | 344.2M | |
| Property Plant And Equipment Gross | 29.3M | 27.9M | 47.9M | 47.9M | 50.6M | 53.1M | |
| Accumulated Other Comprehensive Income | 4.0M | 7.0M | 4.9M | (28.6M) | (31.8M) | (30.2M) | |
| Short Term Debt | 2.9M | 3.8M | 4.0M | 4.4M | 4.9M | 7.5M | |
| Other Current Liab | (3.3M) | (5.0M) | (4.7M) | (7.0M) | 5.6B | 5.9B | |
| Net Tangible Assets | 470.0M | 522.8M | 583.7M | 630.4M | 725.0M | 461.5M | |
| Other Current Assets | 561.4M | 786.8M | 1.1B | 814.8M | 964.2M | 642.9M | |
| Long Term Investments | 301.1M | 308.8M | 524.9M | 511.9M | 400.3M | 344.1M | |
| Current Deferred Revenue | 438K | (2.5M) | (3.3M) | (1.8M) | (16.1M) | (15.3M) |
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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.