Preferred Bank (NASDAQ:PFBC) posted its quarterly earnings data on Thursday. The bank reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.03, Bloomberg Earnings reports. Preferred Bank had a net margin of 26.51% and a return on equity of 16.69%.
NASDAQ:PFBC opened at $66.43 on Friday. Preferred Bank has a 1-year low of $47.68 and a 1-year high of $67.65. The firm has a market capitalization of $862.10, a P/E ratio of 19.42, a PEG ratio of 1.42 and a beta of 0.98.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 23rd. Investors of record on Monday, April 9th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, April 6th. This represents a $0.88 annualized dividend and a dividend yield of 1.32%. Preferred Bank’s dividend payout ratio is presently 25.73%.
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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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