Headlines about Preferred Bank (NASDAQ:PFBC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Preferred Bank earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.6709965206278 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of brokerages recently issued reports on PFBC. FBR & Co reiterated a “buy” rating on shares of Preferred Bank in a report on Wednesday, July 19th. BidaskClub upgraded Preferred Bank from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Stephens raised Preferred Bank from an “equal weight” rating to an “overweight” rating in a research report on Monday, July 10th. ValuEngine raised Preferred Bank from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research lowered Preferred Bank from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Preferred Bank presently has an average rating of “Buy” and an average target price of $60.50.
Shares of Preferred Bank (NASDAQ PFBC) opened at 51.91 on Tuesday. The stock has a market capitalization of $745.89 million, a price-to-earnings ratio of 17.83 and a beta of 0.95. The company has a 50-day moving average price of $54.67 and a 200-day moving average price of $53.30. Preferred Bank has a 52-week low of $34.31 and a 52-week high of $58.98.
Preferred Bank (NASDAQ:PFBC) last released its earnings results on Tuesday, July 18th. The bank reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.05. Preferred Bank had a return on equity of 14.05% and a net margin of 28.91%. The business had revenue of $32.55 million for the quarter, compared to the consensus estimate of $31.78 million. On average, equities analysts anticipate that Preferred Bank will post $3.21 earnings per share for the current year.
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Preferred Bank Company Profile
Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management.
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