News headlines about Preferred Bank (NASDAQ:PFBC) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Preferred Bank earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.208155909056 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Preferred Bank (NASDAQ PFBC) opened at $66.70 on Friday. The firm has a market cap of $875.55, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 1.45 and a beta of 0.97. Preferred Bank has a 1-year low of $46.88 and a 1-year high of $67.65. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.35.

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Preferred Bank (NASDAQ:PFBC) last announced its quarterly earnings results on Monday, January 22nd. The bank reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.08. The company had revenue of $35.78 million for the quarter, compared to analyst estimates of $36.37 million. Preferred Bank had a net margin of 26.51% and a return on equity of 16.69%. equities research analysts expect that Preferred Bank will post 4.57 earnings per share for the current year.

Several analysts have commented on PFBC shares. Zacks Investment Research raised shares of Preferred Bank from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research note on Wednesday, November 29th. ValuEngine cut shares of Preferred Bank from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. BidaskClub raised shares of Preferred Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. UBS raised shares of Preferred Bank from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, January 9th. Finally, Raymond James Financial raised shares of Preferred Bank from an “outperform” rating to a “strong-buy” rating and set a $71.00 target price for the company in a research note on Tuesday, January 9th. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $72.60.

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About Preferred Bank

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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