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Preferred Bank (PFBC) Company Profile

Updated Jun 19, 2020
Preferred Bank has the following business profile:
Company's Full Name:Preferred Bank
Short Name:Preferred Bank
Trading Ticker Symbol:PFBC
Primary Exchange:NASDAQ
Headquarter City/Country:California, CA
Primary Industry Sector:Finance
Seconday Sub-sector:Investment Managers
Main Business Areas: Finance, Investment Managers, Financial Services, Regional US Banks
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Preferred Bank stock

Market and Trading Information for Preferred Bank

The following details were available for trading and market data about the stock of Preferred Bank as of writing:
Current Share Price:$40.98
Previous Year's Closing Price:$60.09
Percentage Price Change (YTD):-31.8%
Market Cap:$611.26 million
52-week Price Range:$20.04 - $64.5
Dividend Per Share:$1.2
EPS (TTM):5.01
Price-Earnings (Trailing):8.18
Price-Earnings (Forward):9.95

Company Profile and Business Description for Preferred Bank

Preferred Bank, incorporated on September 9, 1991, is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management. The Bank offers checking accounts, savings accounts and loans. Its treasury management solutions include information solutions, deposit solutions, payment solutions and liquidity solutions. Through its branch network, the Bank provides a range of financial services to individuals and companies located primarily in Southern California.

Lending Activities

The Bank's loan portfolio includes real estate mortgage loans, real estate construction loans, commercial loans and trade finance. Its real estate mortgage portfolio consists of real estate mini-perm loans, as well as purchased residential mortgages. The Bank offers a range of commercial loan products, including lines of credit for working capital, term loans for capital expenditures and commercial and stand-by letters of credit. The Bank offers various services to importers, including commercial letters of credit, import lines of credit, documentary collections, international wire transfers and acceptances/trust receipt financing. It offers various services to exporters, including export letters of credit, export finance, documentary collections, bills purchase program and international wire transfers. The Bank's total net loans amount to approximately $2.40 billion.

Investment Activities

The Bank's portfolio of investment securities consists of investment grade corporate notes, the United States agency mortgage-backed securities (MBS), municipal bonds, collateralized mortgage obligations (CMOs) and the United States Government agency securities, and small business administration (SBA) securities. The Bank's total securities available-for-sale amount to approximately $203.27 million.

Sources of Funds

The Bank provides a range of deposit products, which include demand, interest-bearing demand, savings and other time certificates. The Bank offers regular checking, savings, negotiable order of withdrawal (NOW) and money market deposit accounts; fixed-rate, fixed maturity retail certificates of deposit ranging in terms from 14 days to two years, and individual retirement accounts and non-retail certificates of deposit consisting of Jumbo certificates of deposit. The Bank's total deposits amount to approximately $2.65 billion.

601 South Figueroa Street

ETFs Holding Preferred Bank Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Preferred Bank stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Preferred Bank stock holding. There are a total of 58 ETFs in Fknol.com records which are holding Preferred Bank stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
Quarterly
IWViShares Russell 3000 ETFThe iShares Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum, including micro-caps. ...Full Details0.2%3002
Full List
Quarterly
SCHBSchwab US Broad Market ETFThe Schwab U.S. Broad Market ETF tracks a cap-weighted index of the largest 2,500 stocks in the US. ...Full Details0.03%2365
Full List
Quarterly
SPTMSPDR Portfolio Total Stock Market ETFThe SPDR Portfolio Total Stock Market ETF tracks a propritary index designed to provide exposure to broad US equities, covering the entire market-cap spectrum. ...Full Details0.03%2369
Full List
Quarterly
VFHVanguard Financials ETFThe Vanguard Financials ETF tracks the performance of the MSCI US Investable Market Financials 25/50 Index, which includes the financial stocks of the top 98% of US market by capitalization. ...Full Details0.1%408
Full List
Quarterly
VTHRVanguard Russell 3000 ETFThe Vanguard Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum including micro-caps. ...Full Details0.15%1581
Full List
Quarterly
VTIVanguard Total Stock Market ETFThe Vanguard Total Stock Market ETF tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum. ...Full Details ...Candlestick Patterns.0.04%1515
Full List
Quarterly
BUYUSCF SummerHaven SHPEI Index FundThe USCF SummerHaven SHPEI Index Fund tracks an equal-weighted index of roughly 200 micro-, small-, and midcap US stocks that exhibit similar return characteristics to those companies held by private equity firms. ...Full Details0.95%297
Full List
Quarterly

See Full List of ETFs holding Preferred Bank stock in their respective portfolios.

Peer / Competitor Companies of Investment Managers Sector

Along with Preferred Bank, the following other peer (competitor) companies also exist within the same Investment Managers - Finance sector whose company profile and dividend history is as follows:

▶ Adams Diversified Equity Fund (ADX): Adams Diversified Equity Fund, Inc., formerly The Adams Express Company, incorporated on February 10, 1976, is a diversified closed-end equity investment company. The Company?ÇÖs holdings include Adams Natural Resources Fund, ....See Detailed Company Profile,  Dividend History

▶ Adams Natural Resources Fund (PEO): Adams Natural Resources Fund, Inc. is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations o....See Detailed Company Profile,  Dividend History

▶ Affiliated Managers (AMG): Affiliated Managers Group, Inc., incorporated on December 29, 1993, is an asset management company with equity investments in boutique investment management firms (Affiliates). The Company is focused on investing around ....See Detailed Company Profile,  Dividend History

▶ Alcentra Capital (ABDC): Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. ....See Detailed Company Profile,  Dividend History

▶ AllianceBernstein Holding (AB): AllianceBernstein Holding L.P., incorporated on November 18, 1987, is engaged in providing research, investment management and related services to a range of clients through its three buy-side distribution channels: Institutions, ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Convertible and Income Fund (NCV): AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, is a diversified, closed-end management investment company. The Funds investment objective is to provide total return through a combination ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Convertible and Income Fund II (NCZ): AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, is a diversified, closed-end management investment company. The Funds investment objective is to provide total ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Diversified Income and Convertible Fund (ACV): AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.....See Detailed Company Profile,  Dividend History

▶ AllianzGI Equity and Convertible Income Fund (NIE): AllianzGI Equity and Convertible Income Fund, formerly AllianzGI Equity & Convertible Income Fund, is a diversified, closed-end management investment company. The Fund?ÇÖs investment objective is to seek total return consisted ....See Detailed Company Profile,  Dividend History

▶ Alpine Global Dynamic Dividend Fund (AGD): Alpine Global Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Funds primary investment objective is to seek high current dividend income. It also focuses on ....See Detailed Company Profile,  Dividend History

▶ Alpine Global Premier Properties Fund (AWP): Alpine Global Premier Properties Fund (the Fund) is a diversified, closed-end management investment company. The Fund?ÇÖs primary investment objective is capital appreciation. The Fund?ÇÖs secondary investment objective is high current ....See Detailed Company Profile,  Dividend History

▶ Alpine Total Dynamic Dividend Fund (AOD): Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund has an investment objective to invest in equity securities that provide high current dividend ....See Detailed Company Profile,  Dividend History

▶ Ameriprise Financial (AMP): Ameriprise Financial, Inc., incorporated on September 29, 1983, is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice ....See Detailed Company Profile,  Dividend History

▶ Apollo Global Management LLC (APO): Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual in....See Detailed Company Profile,  Dividend History

▶ Apollo Investment (AINV): Apollo Investment Corporation, incorporated on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation. It ....See Detailed Company Profile,  Dividend History

▶ Ares Capital (ARCC): Ares Capital Corporation, incorporated on April 16, 2004, is a specialty finance company. The Company operates as a closed-end, non-diversified management investment company. The Companys investment objective is to generate ....See Detailed Company Profile,  Dividend History

▶ Ares Management (ARES): Ares Management, L.P., incorporated on September 3, 1997, is an alternative asset manager. The Company offers its investors a range of investment strategies. The Company operates through three segments: Credit ....See Detailed Company Profile,  Dividend History

▶ Artisan Partners Asset Management (APAM): Artisan Partners Asset Management Inc., incorporated on October 25, 2012, is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, ....See Detailed Company Profile,  Dividend History

▶ ASA Gold and Precious Metals (ASA): ASA Limited, incorporated on April 29, 2003, is a closed-end management investment company. The Company invests in the companies engaged in the exploration, mining or processing of gold, silver, platinum, ....See Detailed Company Profile,  Dividend History

▶ Berkshire Hathaway (BRK.B): Berkshire Hathaway Inc. (Berkshire), incorporated on June 16, 1998, is a holding company owning subsidiaries engaged in various business activities. The Companys segments include Insurance, Burlington Northern Santa Fe, LLC ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

... See Full List of All Stocks of Investment Managers Sector.

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