PFBC / Preferred Bank (PFBC) Beats Q3 Earnings and Revenue Estimates

The headline numbers for Preferred Bank (PFBC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhi more_horizontal

Preferred Bank (PFBC) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to e more_horizontal

LOS ANGELES, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today anno more_horizontal

Preferred Bank (PFBC) could produce exceptional returns because of its solid growth attributes. more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Preferred Bank has shown resilience in the face of banking industry concerns and is now down only 6.5% from its pre-panic levels. The bank has experie more_horizontal

Preferred Bank (PFBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions more_horizontal

Preferred Bank (PFBC) gets approval for its share buyback plan. Its board of directors has approved the first leg of $50 million under the buyback pla more_horizontal