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PFBC — Preferred Bank News Story

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Preferred Bank reports results for the quarter ended in December - Earnings Summary

* Preferred Bank  PFBC.OQ  reported quarterly adjusted
earnings of
$1.80​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for   earnings
of $1.72 per share.
    * Revenue rose 7.3% to $49.42 million from a year ago; 
analysts
expected $49.89 million. 
    * Preferred Bank's reported EPS for the quarter was $1.80​.
    * The mean earnings estimate of analysts had risen by
about 6% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Preferred Bank shares had risen by 12.2% this quarter.
    * The company reported quarterly net income of $26.42
million.
    * Wall Street's median 12-month price target for Preferred
Bank is
$78.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 20 at 01:37 a.m.
 ​All figures in US dollars unless otherwise stated

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