Preferred Bank (PFBC) 26.24 $PFBC
Texas Capital's Organic Growth on Track; Should You Buy? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 06, 4:50PM CST
On Nov 3, 2014, we issued an updated research report on Texas Capital BancShares Inc. (TCBI)
PFBC: 26.24 (-0.16), ALLY: 22.69 (+0.25), WAL: 26.52 (-0.19), TCBI: 61.57 (+0.22)
Uptrend Call Working As Preferred Bank Stock Rises 14.0% (PFBC)
Comtex SmarTrend(R) - Wed Nov 05, 11:14AM CST
SmarTrend identified an Uptrend for Preferred Bank (NASDAQ
FBC) on June 6th, 2014 at $23.26. In approximately 5 months, Preferred Bank has returned 14.04% as of today's recent price of $26.52.
PFBC: 26.24 (-0.16)
Preferred Bank Shares Up 10.6% Since SmarTrend's Buy Recommendation (PFBC)
Comtex SmarTrend(R) - Wed Oct 29, 10:01AM CDT
SmarTrend identified an Uptrend for Preferred Bank (NASDAQFBC) on June 6th, 2014 at $23.26. In approximately 5 months, Preferred Bank has returned 10.56% as of today's recent price of $25.71.
PFBC: 26.24 (-0.16)
Preferred Bank Reports Third Quarter Results
GlobeNewswire - Thu Oct 16, 8:00AM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended September 30, 2014. Preferred Bank ("the Bank"
reported net income of $6.4 million or $0.46 per diluted share for the third quarter of 2014. This compares to net income of $5.0 million or $0.37 per diluted share for the third quarter of 2013 and compares to net income of $6.2 million or $0.45 per diluted share for the second quarter of 2014. Net income for the nine months ended September 30, 2014 totaled $17.7 million or $1.29 per diluted share compared to $13.3 million or $0.99 per diluted share for the same period last year. This represents an increase of $4.4 million or 33.0% over 2013 year to date earnings.
PFBC: 26.24 (-0.16)
Why Earnings Season Could Be Great for Preferred Bank (PFBC) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 7:57AM CDT
Investors are always looking for stocks that are poised to beat at earnings season and Preferred Bank may be one such company as the firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report
PFBC: 26.24 (-0.16)
Preferred Bank Announces 2014 Third Quarter Earnings Release and Conference Call
GlobeNewswire - Thu Oct 09, 1:14PM CDT
Preferred Bank (NasdaqFBC), today announced plans to release its financial results for the third quarter ended September 30, 2014, before the market opens on Thursday, October 16, 2014. The Company will host a conference call on the same day at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
PFBC: 26.24 (-0.16)
Upgrade Alert for Preferred Bank (PFBC)
Comtex SmarTrend(R) - Thu Oct 02, 7:03AM CDT
Preferred Bank (NASDAQFBC) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $22.45 on volume of 41,000 shares, above average daily volume of 20,000. Preferred Bank share prices have moved between a 52-week high of $26.79 and a 52-week low of $17.53 and closed yesterday at 28% above that low price at $22.45 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
PFBC: 26.24 (-0.16)
Preferred Bank Up to Strong Buy on Legacy Issues Resolution - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 30, 4:40PM CDT
On Sep 30, Zacks Investment Research upgraded Preferred Bank (PFBC) to a Zacks Rank #1 (Strong Buy).
PFBC: 26.24 (-0.16), SIVB: 113.00 (+0.08), BSRR: 17.21 (-0.22), NRIM: 29.03 (+0.43)
Preferred Bank Announces Quarterly Cash Dividend
GlobeNewswire - Fri Sep 26, 7:30AM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today reported that the Board of Directors has declared a quarterly cash dividend of $0.10 per share payable on October 20, 2014 to holders of record on October 6, 2014.
PFBC: 26.24 (-0.16)
Preferred Bank Reports Termination of Agreement
GlobeNewswire - Wed Sep 17, 8:28AM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today reported that their informal agreement had been terminated. Preferred Bank ("the Bank" was notified today by the Federal Deposit Insurance Corporation ("FDIC" and the California Department of Business Oversight ("DBO" that they have terminated the Memorandum of Understanding ("MOU" which was entered into on October 1, 2013.
PFBC: 26.24 (-0.16)
Is Preferred Bank (PFBC) Stock a Solid Choice Right Now? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 7:47AM CDT
Preferred Bank might be an intriguing choice for investors right now as it is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective
PFBC: 26.24 (-0.16)
JPMorgan Streamlines as Revenue Pressure Mutes Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 11:00AM CDT
JPMorgan has lately been streamlining its operations with an aim to focus on the core businesses. The company has been selling non-core operations and plans to consolidate its branches.
BOFI: 77.99 (+0.20), PFBC: 26.24 (-0.16), JPM: 61.47 (+0.24), CYN: 79.46 (-0.22)
Preferred Bank to Present at Raymond James U.S. Bank Conference on Wednesday, September 3rd
GlobeNewswire - Fri Aug 29, 1:44PM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today announced that Preferred Bank will present at the Raymond James 2014 U.S. Bank Conference to be held in Chicago on September 3, 2014.
PFBC: 26.24 (-0.16)
Preferred Bank Announces Loan Recovery
GlobeNewswire - Mon Aug 18, 3:01PM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today announced the receipt of a nonaccrual loan payoff and a concurrent sizeable loan loss recovery. Preferred Bank ("the Bank" reported that on August 15, 2014, a $5.6 million loan on nonaccrual status (in loans held for sale as of June 30, 2014) was paid off. In addition, because the Bank had previously charged off over 50% of the loan balance in 2012, the Bank recorded a recovery to the allowance for loan and lease losses (ALLL) of $4.6 million, which will be reflected in the financial results for the third quarter of 2014.
PFBC: 26.24 (-0.16)
Preferred Bank Reports Second Quarter Results
GlobeNewswire - Wed Jul 23, 3:38PM CDT
Preferred Bank (NasdaqFBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended June 30, 2014. Preferred Bank ("the Bank" reported net income of $5.9 million or $0.43 per diluted share for the second quarter of 2014. This compares to net income of $4.3 million or $0.32 per diluted share for the second quarter of 2013 and compares to net income of $5.2 million or $0.38 per diluted share for the first quarter of 2014. Net income for the second quarter of 2014 was aided by $768,000 in net gains on sales of other real estate owned ("OREO". Net income for the six months ended June 30, 2014 totaled $11.1 million or $0.81 per diluted share compared to $8.3 million or $0.61 per diluted share for the same period last year. This represents an increase of $2.8 million or 33.7% over 2013 year to date earnings.
PFBC: 26.24 (-0.16)
Preferred Bank Announces 2014 Second Quarter Earnings Release and Conference Call
GlobeNewswire - Tue Jul 08, 6:22PM CDT
Preferred Bank (NasdaqFBC) today announced plans to release its financial results for the second quarter ended June 30, 2014 after the close of the market on Wednesday, July 23, 2014. On the following day, Thursday, July 24, 2014, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
PFBC: 26.24 (-0.16)
Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Jun 16, 6:09AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, June 23, 2014.
SNBC: 19.97 (-0.01), FBNK: 15.58 (+0.08), BOKF: 68.28 (+0.52), MBVT: 29.77 (-0.17), PGC: 17.99 (-0.05), BPOP: 31.82 (+0.09), HBNC: 25.56 (-0.13), EBSB: 11.39 (-0.08), FBNC: 17.55 (-0.32), BBNK: 23.84 (+0.06), OABC: 27.01 (-0.03), PSTB: 7.60 (-0.03), PFBC: 26.24 (-0.16), CNBC: 19.23 (unch), BNCN: 17.50 (+0.06), WSBF: 12.25 (-0.02), BSRR: 17.21 (-0.22), PCBK: 14.09 (-0.10), NDAQ: 43.88 (-0.02), CSBK: 13.05 (+0.05), KRNY: 14.45 (-0.08)
Preferred Bank Crafts 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 9:35AM CDT
Shares of Preferred Bank hit a new 52-week high of $26.79 during the first half of the trading session on March 26.
PFBC: 26.24 (-0.16), BOH: 59.38 (+0.23), SSBI: 13.70 (-0.29), CVCY: 10.83 (-0.16)
Bank of Hawaii Hits 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 3:45PM CDT
Shares of Bank of Hawaii Corporation crafted a new 52-week high, touching $61.36 on Mar 24.
PFBC: 26.24 (-0.16), BOH: 59.38 (+0.23), SSBI: 13.70 (-0.29), CVCY: 10.83 (-0.16)
Texas Capital's Organic Growth on Track; Should You Buy? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 06, 4:50PM CST
On Nov 3, 2014, we issued an updated research report on Texas Capital BancShares Inc. (TCBI)
PFBC: 26.24 (-0.16), ALLY: 22.69 (+0.25), WAL: 26.52 (-0.19), TCBI: 61.57 (+0.22)
Uptrend Call Working As Preferred Bank Stock Rises 14.0% (PFBC)
Comtex SmarTrend(R) - Wed Nov 05, 11:14AM CST
SmarTrend identified an Uptrend for Preferred Bank (NASDAQ
FBC) on June 6th, 2014 at $23.26. In approximately 5 months, Preferred Bank has returned 14.04% as of today's recent price of $26.52. PFBC: 26.24 (-0.16)
Preferred Bank Shares Up 10.6% Since SmarTrend's Buy Recommendation (PFBC)
Comtex SmarTrend(R) - Wed Oct 29, 10:01AM CDT
SmarTrend identified an Uptrend for Preferred Bank (NASDAQ
FBC) on June 6th, 2014 at $23.26. In approximately 5 months, Preferred Bank has returned 10.56% as of today's recent price of $25.71. PFBC: 26.24 (-0.16)
Preferred Bank Reports Third Quarter Results
GlobeNewswire - Thu Oct 16, 8:00AM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended September 30, 2014. Preferred Bank ("the Bank" reported net income of $6.4 million or $0.46 per diluted share for the third quarter of 2014. This compares to net income of $5.0 million or $0.37 per diluted share for the third quarter of 2013 and compares to net income of $6.2 million or $0.45 per diluted share for the second quarter of 2014. Net income for the nine months ended September 30, 2014 totaled $17.7 million or $1.29 per diluted share compared to $13.3 million or $0.99 per diluted share for the same period last year. This represents an increase of $4.4 million or 33.0% over 2013 year to date earnings. PFBC: 26.24 (-0.16)
Why Earnings Season Could Be Great for Preferred Bank (PFBC) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 14, 7:57AM CDT
Investors are always looking for stocks that are poised to beat at earnings season and Preferred Bank may be one such company as the firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report
PFBC: 26.24 (-0.16)
Preferred Bank Announces 2014 Third Quarter Earnings Release and Conference Call
GlobeNewswire - Thu Oct 09, 1:14PM CDT
Preferred Bank (Nasdaq
FBC), today announced plans to release its financial results for the third quarter ended September 30, 2014, before the market opens on Thursday, October 16, 2014. The Company will host a conference call on the same day at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. PFBC: 26.24 (-0.16)
Upgrade Alert for Preferred Bank (PFBC)
Comtex SmarTrend(R) - Thu Oct 02, 7:03AM CDT
Preferred Bank (NASDAQ
FBC) was upgraded from Market Perform to Outperform at Raymond James today. The stock closed yesterday at $22.45 on volume of 41,000 shares, above average daily volume of 20,000. Preferred Bank share prices have moved between a 52-week high of $26.79 and a 52-week low of $17.53 and closed yesterday at 28% above that low price at $22.45 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant. PFBC: 26.24 (-0.16)
Preferred Bank Up to Strong Buy on Legacy Issues Resolution - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 30, 4:40PM CDT
On Sep 30, Zacks Investment Research upgraded Preferred Bank (PFBC) to a Zacks Rank #1 (Strong Buy).
PFBC: 26.24 (-0.16), SIVB: 113.00 (+0.08), BSRR: 17.21 (-0.22), NRIM: 29.03 (+0.43)
Preferred Bank Announces Quarterly Cash Dividend
GlobeNewswire - Fri Sep 26, 7:30AM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today reported that the Board of Directors has declared a quarterly cash dividend of $0.10 per share payable on October 20, 2014 to holders of record on October 6, 2014. PFBC: 26.24 (-0.16)
Preferred Bank Reports Termination of Agreement
GlobeNewswire - Wed Sep 17, 8:28AM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today reported that their informal agreement had been terminated. Preferred Bank ("the Bank" was notified today by the Federal Deposit Insurance Corporation ("FDIC" and the California Department of Business Oversight ("DBO" that they have terminated the Memorandum of Understanding ("MOU" which was entered into on October 1, 2013. PFBC: 26.24 (-0.16)
Is Preferred Bank (PFBC) Stock a Solid Choice Right Now? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 7:47AM CDT
Preferred Bank might be an intriguing choice for investors right now as it is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective
PFBC: 26.24 (-0.16)
JPMorgan Streamlines as Revenue Pressure Mutes Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 11:00AM CDT
JPMorgan has lately been streamlining its operations with an aim to focus on the core businesses. The company has been selling non-core operations and plans to consolidate its branches.
BOFI: 77.99 (+0.20), PFBC: 26.24 (-0.16), JPM: 61.47 (+0.24), CYN: 79.46 (-0.22)
Preferred Bank to Present at Raymond James U.S. Bank Conference on Wednesday, September 3rd
GlobeNewswire - Fri Aug 29, 1:44PM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today announced that Preferred Bank will present at the Raymond James 2014 U.S. Bank Conference to be held in Chicago on September 3, 2014. PFBC: 26.24 (-0.16)
Preferred Bank Announces Loan Recovery
GlobeNewswire - Mon Aug 18, 3:01PM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today announced the receipt of a nonaccrual loan payoff and a concurrent sizeable loan loss recovery. Preferred Bank ("the Bank" reported that on August 15, 2014, a $5.6 million loan on nonaccrual status (in loans held for sale as of June 30, 2014) was paid off. In addition, because the Bank had previously charged off over 50% of the loan balance in 2012, the Bank recorded a recovery to the allowance for loan and lease losses (ALLL) of $4.6 million, which will be reflected in the financial results for the third quarter of 2014. PFBC: 26.24 (-0.16)
Preferred Bank Reports Second Quarter Results
GlobeNewswire - Wed Jul 23, 3:38PM CDT
Preferred Bank (Nasdaq
FBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended June 30, 2014. Preferred Bank ("the Bank" reported net income of $5.9 million or $0.43 per diluted share for the second quarter of 2014. This compares to net income of $4.3 million or $0.32 per diluted share for the second quarter of 2013 and compares to net income of $5.2 million or $0.38 per diluted share for the first quarter of 2014. Net income for the second quarter of 2014 was aided by $768,000 in net gains on sales of other real estate owned ("OREO". Net income for the six months ended June 30, 2014 totaled $11.1 million or $0.81 per diluted share compared to $8.3 million or $0.61 per diluted share for the same period last year. This represents an increase of $2.8 million or 33.7% over 2013 year to date earnings. PFBC: 26.24 (-0.16)
Preferred Bank Announces 2014 Second Quarter Earnings Release and Conference Call
GlobeNewswire - Tue Jul 08, 6:22PM CDT
Preferred Bank (Nasdaq
FBC) today announced plans to release its financial results for the second quarter ended June 30, 2014 after the close of the market on Wednesday, July 23, 2014. On the following day, Thursday, July 24, 2014, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. PFBC: 26.24 (-0.16)
Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Jun 16, 6:09AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, June 23, 2014.
SNBC: 19.97 (-0.01), FBNK: 15.58 (+0.08), BOKF: 68.28 (+0.52), MBVT: 29.77 (-0.17), PGC: 17.99 (-0.05), BPOP: 31.82 (+0.09), HBNC: 25.56 (-0.13), EBSB: 11.39 (-0.08), FBNC: 17.55 (-0.32), BBNK: 23.84 (+0.06), OABC: 27.01 (-0.03), PSTB: 7.60 (-0.03), PFBC: 26.24 (-0.16), CNBC: 19.23 (unch), BNCN: 17.50 (+0.06), WSBF: 12.25 (-0.02), BSRR: 17.21 (-0.22), PCBK: 14.09 (-0.10), NDAQ: 43.88 (-0.02), CSBK: 13.05 (+0.05), KRNY: 14.45 (-0.08)
Preferred Bank Crafts 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 27, 9:35AM CDT
Shares of Preferred Bank hit a new 52-week high of $26.79 during the first half of the trading session on March 26.
PFBC: 26.24 (-0.16), BOH: 59.38 (+0.23), SSBI: 13.70 (-0.29), CVCY: 10.83 (-0.16)
Bank of Hawaii Hits 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 3:45PM CDT
Shares of Bank of Hawaii Corporation crafted a new 52-week high, touching $61.36 on Mar 24.
PFBC: 26.24 (-0.16), BOH: 59.38 (+0.23), SSBI: 13.70 (-0.29), CVCY: 10.83 (-0.16)
