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

Preferred Bank

20/04/2021 22:42

* Preferred Bank  PFBC.OQ  reported quarterly adjusted earnings
of $1.42​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
$1.37 per share.
* Revenue rose 8.5% to $45.35 million from a year ago​; 
analysts expected $45.93 million.
* Preferred Bank's reported EPS for the quarter was $1.42​.
* The mean earnings estimate of analysts had risen by
about 22.4% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Preferred Bank shares had risen by 6.9% this quarter and
gained 34.9% so far this year.
* The company reported quarterly net income of $21.19 million.
* Wall Street's median 12-month price target for Preferred Bank
is $71.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 20 at 09:42 p.m. GMT.
​All figures in US Dollars.​