Preferred Bank Reports Quarterly Results [Yahoo! Finance]
Preferred Bank (PFBC)
Last preferred bank earnings: 4/22 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
1firstbank.com/pr/en/help-center/investor-relations
Company Research
Source: Yahoo! Finance
Preferred Bank (“the Bank”) reported net income of $33.5 million or $2.44 per diluted share for the first quarter of 2024. This represents a decrease in net income of $2.4 million or 6.6% from the prior quarter and down by $4.6 million from the same quarter last year. Despite the decrease in net income, Preferred Bank continues to deliver top-of-class profitability metrics and long term shareholder returns. Highlights for the Quarter: Return on average assets was 2.00% Return on beginning equity of 19.36% Net interest margin was 4.19% Total deposits increased by $92 million or 1.62% for the quarter Total loans increased $52 million or 1.0% for the quarter Efficiency ratio was 28.0% Li Yu, Chairman and CEO, commented, “We are pleased to report first quarter 2024 net income of $33.5 million or $2.44 per diluted share. For the quarter, loans grew $52 million and total deposits increased $92 million from December 31, 2023, which equates to annual growth rates of 4.0% and 6
Show less
Read more
Impact Snapshot
Event Time:
PFBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PFBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PFBC alerts
High impacting Preferred Bank news events
Weekly update
A roundup of the hottest topics
PFBC
News
- Best Value Stocks to Buy for April 29th [Yahoo! Finance]Yahoo! Finance
- Best Income Stocks to Buy for April 29th [Yahoo! Finance]Yahoo! Finance
- Preferred Bank (NASDAQ:PFBC) Released Earnings Last Week And Analysts Lifted Their Price Target To US$87.75 [Yahoo! Finance]Yahoo! Finance
- Preferred Bank (PFBC) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- Preferred Bank (NASDAQ:PFBC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
PFBC
Earnings
- 4/23/24 - Beat
PFBC
Sec Filings
- 2/14/24 - Form SC
- 2/13/24 - Form SC
- PFBC's page on the SEC website