Preferred Bank Statistics
Total Valuation
Preferred Bank has a market cap or net worth of $1.20 billion. The enterprise value is $110.21 million.
| Market Cap | 1.20B |
| Enterprise Value | 110.21M |
Important Dates
The last earnings date was Tuesday, April 23, 2024, before market open.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | Apr 4, 2024 |
Share Statistics
Preferred Bank has 14.90 million shares outstanding. The number of shares has decreased by -5.92% in one year.
| Shares Outstanding | 14.90M |
| Shares Change (YoY) | -5.92% |
| Shares Change (QoQ) | -0.49% |
| Owned by Insiders (%) | 7.64% |
| Owned by Institutions (%) | 82.27% |
| Float | 12.38M |
Valuation Ratios
The trailing PE ratio is 7.72 and the forward PE ratio is 8.46. Preferred Bank's PEG ratio is 1.83.
| PE Ratio | 7.72 |
| Forward PE | 8.46 |
| PS Ratio | 2.92 |
| Forward PS | 4.43 |
| PB Ratio | 1.70 |
| P/FCF Ratio | 7.32 |
| PEG Ratio | 1.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 1.03, with an EV/FCF ratio of 0.68.
| EV / Earnings | 0.76 |
| EV / Sales | 0.27 |
| EV / EBITDA | 1.03 |
| EV / EBIT | 1.05 |
| EV / FCF | 0.68 |
Financial Position
The company has a current ratio of 0.34, with a Debt / Equity ratio of 0.24.
| Current Ratio | 0.34 |
| Quick Ratio | 0.44 |
| Debt / Equity | 0.24 |
| Debt / EBITDA | 1.58 |
| Debt / FCF | 1.03 |
| Interest Coverage | -0.49 |
Financial Efficiency
Return on equity (ROE) is 20.79% and return on invested capital (ROIC) is 16.79%.
| Return on Equity (ROE) | 20.79% |
| Return on Assets (ROA) | 2.15% |
| Return on Capital (ROIC) | 16.79% |
| Revenue Per Employee | $1.37M |
| Profits Per Employee | $486,398 |
| Employee Count | 299 |
| Asset Turnover | 0.06 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Preferred Bank has paid $58.31 million in taxes.
| Income Tax | 58.31M |
| Effective Tax Rate | 28.62% |
Stock Price Statistics
The stock price has increased by +67.34% in the last 52 weeks. The beta is 1.02, so Preferred Bank's price volatility has been similar to the market average.
| Beta (1Y) | 1.02 |
| 52-Week Price Change | +67.34% |
| 50-Day Moving Average | 75.62 |
| 200-Day Moving Average | 68.85 |
| Relative Strength Index (RSI) | 64.69 |
| Average Volume (30 Days) | 87,885 |
Short Selling Information
The latest short interest is 1.10 million, so 7.36% of the outstanding shares have been sold short.
| Short Interest | 1.10M |
| Short Previous Month | 1.09M |
| Short % of Shares Out | 7.36% |
| Short % of Float | 8.87% |
| Short Ratio (days to cover) | 13.11 |
Income Statement
In the last 12 months, Preferred Bank had revenue of $408.56 million and earned $145.43 million in profits. Earnings per share was $10.36.
| Revenue | 408.56M |
| Gross Profit | 408.56M |
| Operating Income | 204.17M |
| Pretax Income | 203.74M |
| Net Income | 145.43M |
| EBITDA | 106.90M |
| EBIT | 105.03M |
| Earnings Per Share (EPS) | $10.36 |
Balance Sheet
The company has $936.60 million in cash and $168.51 million in debt, giving a net cash position of $1.08 billion or $72.57 per share.
| Cash & Cash Equivalents | 936.60M |
| Total Debt | 168.51M |
| Net Cash | 1.08B |
| Net Cash Per Share | $72.57 |
| Equity / Book Value | 699.56M |
| Book Value Per Share | 46.94 |
| Working Capital | -1.90B |
Cash Flow
In the last 12 months, operating cash flow was $165.86 million and capital expenditures -$3.05 million, giving a free cash flow of $162.81 million.
| Operating Cash Flow | 165.86M |
| Capital Expenditures | -3.05M |
| Free Cash Flow | 162.81M |
| FCF Per Share | $11.85 |
Margins
Gross margin is 100.00%, with operating and profit margins of 49.97% and 35.60%.
| Gross Margin | 100.00% |
| Operating Margin | 49.97% |
| Pretax Margin | 49.87% |
| Profit Margin | 35.60% |
| EBITDA Margin | 26.16% |
| EBIT Margin | 25.71% |
| FCF Margin | 39.85% |
Dividends & Yields
This stock pays an annual dividend of $2.80, which amounts to a dividend yield of 3.50%.
| Dividend Per Share | $2.80 |
| Dividend Yield | 3.50% |
| Dividend Growth (YoY) | 27.55% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 27.03% |
| Buyback Yield | 5.92% |
| Shareholder Yield | 9.43% |
| Earnings Yield | 12.20% |
| FCF Yield | 13.66% |
Analyst Forecast
The average price target for Preferred Bank is $68.00, which is -15.13% lower than the current price. The consensus rating is "Buy".
| Price Target | $68.00 |
| Price Target Difference | -15.13% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 20, 2011. It was a reverse split with a ratio of 1:5.
| Last Split Date | Jun 20, 2011 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Preferred Bank has an Altman Z-Score of 0.02 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.02 |
| Piotroski F-Score | 7 |