Preferred Bank: Solid Upside Should Continue Despite Some Weaknesses [Seeking Alpha]
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Preferred Bank (PFBC)
Last preferred bank earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations:
1firstbank.com/pr/en/help-center/investor-relations
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Source: Seeking Alpha
Investing Group Leader Follow Summary Preferred Bank shares have outperformed the market slightly, up 10.1% in recent months. Despite some weaknesses in financial results, deposit, and loan growth have powered the bank to greater heights. Shares are attractively priced relative to earnings, with high-quality assets and low debt, making the company a sensible 'buy'. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Edwin Tan/E+ via Getty Images Some companies end up being gifts that keep on giving. One good example of this that I could point to involves a rather small regional bank by the name of Preferred Bank NASDAQ: PFBC ). In the past, I have written about the institution, which emphasizes serving the Chinese American market, on two separate occasions. In my last article , which was published in March of this year, I stated that the company still represented a solid prosp
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News
- 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
- Preferred Bank (NASDAQ: PFBC) had its price target raised by analysts at DA Davidson from $98.00 to $101.00. They now have a "neutral" rating on the stock.MarketBeat
- Preferred Bank Reports Fourth Quarter and Annual ResultsGlobeNewswire