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

Preferred Bank

21/10/2021 16:57

* Preferred Bank  PFBC.OQ  reported quarterly adjusted earnings
of $1.76​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of $1.62 per share.
* Revenue rose 8.2% to $47.75 million from a year ago;  analysts
expected $48.39 million. 
* Preferred Bank's reported EPS for the quarter was $1.76​.
* The mean earnings estimate of analysts had risen by about 2.6%
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 3.6% this quarter and
gained 36.8% so far this year.
* The company reported quarterly net income of $26.14 million.
* Wall Street's median 12-month price target for Preferred Bank
is $73.00 
* 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 October 21 at 03:57 p.m.
 ​All figures in US dollars unless otherwise stated