Preferred Bank Announces Approval to Continue Share Repurchase Plan
Preferred Bank (PFBC)
Last preferred bank earnings: 4/22 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
1firstbank.com/pr/en/help-center/investor-relations
Company Research
Source: GlobeNewswire
LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $84.3 million of its common stock during 2023 and 2024, however regulatory approval expired in January of 2025. As a state, non-member Bank that issues its common stock at the bank level (no holding company), Preferred Bank is required to seek regulatory approval to engage in transactions that either increase or decrease capital. The shareholder and regulatory approvals to repurchase the remaining $65.7 millio
Read more
Impact Snapshot
Event Time:
PFBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PFBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PFBC alerts
High impacting Preferred Bank news events
Weekly update
A roundup of the hottest topics
PFBC
News
- Is Preferred Bank (PFBC) The Best Small Cap Bank Stock To Invest In Now? [Yahoo! Finance]Yahoo! Finance
- Preferred Bank Announces Dividend IncreaseGlobeNewswire
- Preferred Bank (NASDAQ: PFBC) had its price target raised by analysts at Piper Sandler from $101.00 to $111.00. They now have an "overweight" rating on the stock.MarketBeat
- Preferred Bank Announces Fire Relief DonationsGlobeNewswire
- Preferred Bank (NASDAQ: PFBC) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $100.00 price target on the stock.MarketBeat