Preferred Bank (NASDAQ:PFBC) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

05 Jun 2026, 21:20 by Teresa Graham · The Cerbat Gem

Shares of Preferred Bank (NASDAQ:PFBC – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $93.02 and traded as high as $96.07. Preferred Bank shares last traded at $93.70, with a volume of 101,941 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PFBC. Brean Capital lowered Preferred Bank from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Piper Sandler increased their price objective on Preferred Bank from $105.00 to $111.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Janney Montgomery Scott started coverage on Preferred Bank in a report on Tuesday, February 24th. They set a “neutral” rating and a $100.00 price objective for the company. Finally, Weiss Ratings lowered Preferred Bank from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $102.00.

Check Out Our Latest Report on Preferred Bank

Preferred Bank Trading Up 1.2%

The firm has a fifty day simple moving average of $93.69 and a two-hundred day simple moving average of $93.08. The firm has a market capitalization of $1.40 billion, a P/E ratio of 9.10 and a beta of 0.56. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 1.06.

Preferred Bank (NASDAQ:PFBC – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The bank reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.05. The business had revenue of $69.62 million during the quarter, compared to analyst estimates of $71.76 million. Preferred Bank had a return on equity of 17.52% and a net margin of 26.49%. On average, equities research analysts anticipate that Preferred Bank will post 10.58 earnings per share for the current fiscal year.

Preferred Bank Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, April 7th. This represents a $3.20 annualized dividend and a dividend yield of 3.3%. Preferred Bank’s dividend payout ratio is currently 29.96%.

Institutional Investors Weigh In On Preferred Bank

Several institutional investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its position in shares of Preferred Bank by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 494,827 shares of the bank’s stock worth $46,727,000 after acquiring an additional 16,348 shares in the last quarter. Nuveen LLC lifted its position in shares of Preferred Bank by 5.4% during the fourth quarter. Nuveen LLC now owns 356,065 shares of the bank’s stock worth $33,623,000 after acquiring an additional 18,309 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Preferred Bank by 15.7% during the third quarter. American Century Companies Inc. now owns 337,804 shares of the bank’s stock worth $30,534,000 after acquiring an additional 45,946 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Preferred Bank by 19.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 206,622 shares of the bank’s stock worth $19,511,000 after acquiring an additional 33,124 shares in the last quarter. Finally, Kennedy Capital Management LLC lifted its position in shares of Preferred Bank by 19.9% during the fourth quarter. Kennedy Capital Management LLC now owns 199,419 shares of the bank’s stock worth $18,831,000 after acquiring an additional 33,157 shares in the last quarter. Hedge funds and other institutional investors own 72.77% of the company’s stock.

Preferred Bank Company Profile

(Get Free Report)

Preferred Bank (NASDAQ: PFBC) is a California-chartered commercial bank headquartered in Los Angeles. The institution offers a full range of banking products and services to businesses and individuals, with a particular emphasis on commercial real estate lending, business banking, treasury management and deposit accounts. Preferred Bank operates through branch offices across Southern California and national loan production offices in major U.S. markets.