Financial Snapshot

Revenue
Gross Margin
Net Earnings
$136.3M
TTM
Current Assets
Current Liabilities
$42.73M
Q3 2024
Current Ratio
Total Assets
$6.872B
Q3 2024
Total Liabilities
$6.122B
Q3 2024
Book Value
$750.1M
Q3 2024
Cash
P/E
9.294
Nov 29, 2024 EST
Free Cash Flow
$66.77M
TTM

Revenues

Revenues

No data

Revenue YoY Change

No data

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue
YoY Change

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.720M $1.890M $1.900M $1.900M $1.300M $1.000M $1.000M $900.0K $600.0K $500.0K $700.0K $700.0K $700.0K $900.0K $1.100M $800.0K $600.0K $600.0K $600.0K $500.0K $500.0K
YoY Change -8.99% -0.53% 0.0% 46.15% 30.0% 0.0% 11.11% 50.0% 20.0% -28.57% 0.0% 0.0% -22.22% -18.18% 37.5% 33.33% 0.0% 0.0% 20.0% 0.0% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

No data

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

No data

Net Income To Revenue Ratio

No data

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Pretax Income $209.9M $179.2M $133.8M $96.90M $111.4M $98.70M $80.50M $59.70M $50.20M $40.80M $31.50M $3.300M $7.200M -$18.10M -$80.70M -$9.900M $45.10M $39.90M $28.20M $18.50M $14.70M
YoY Change 17.11% 33.93% 38.08% -13.02% 12.87% 22.61% 34.84% 18.92% 23.04% 29.52% 854.55% -54.17% -139.78% -77.57% 715.15% -121.95% 13.03% 41.49% 52.43% 25.85% 101.37%
Income Tax $59.81M $50.35M $38.60M $27.40M $33.00M $27.70M $31.00M $23.30M $20.50M $16.30M $12.30M -$20.60M -$5.000M -$700.0K -$8.100M -$4.900M $18.70M $16.50M $11.40M $7.400M $5.700M
% Of Pretax Income 28.5% 28.1% 28.85% 28.28% 29.62% 28.06% 38.51% 39.03% 40.84% 39.95% 39.05% -624.24% -69.44% 41.46% 41.35% 40.43% 40.0% 38.78%
Net Earnings $150.0M $128.8M $95.20M $69.50M $78.40M $71.00M $43.40M $36.40M $29.70M $24.60M $19.20M $23.90M $12.20M -$17.40M -$72.50M -$5.000M $26.50M $23.40M $16.80M $11.20M $9.000M
YoY Change 16.45% 35.34% 36.98% -11.35% 10.42% 63.59% 19.23% 22.56% 20.73% 28.13% -19.67% 95.9% -170.11% -76.0% 1350.0% -118.87% 13.25% 39.29% 50.0% 24.44% 104.55%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $10.52 $8.700M $6.389M $4.664M $5.192M $4.702M $2.993M $2.600M $2.168M $1.809M $1.433M $1.811M $938.5K -$12.43M -$31.52M -$2.500M $12.62M $11.14M $8.400M $6.588M $5.294M

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

No data

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $31.74M $30.72M $32.50M $27.90M $29.30M $7.500M $5.700M $5.300M $5.600M $4.100M $4.200M $4.400M $4.800M $5.400M $6.300M $7.200M $4.700M $1.700M $1.800M $1.400M $1.100M
YoY Change 3.34% -5.49% 16.49% -4.78% 290.67% 31.58% 7.55% -5.36% 36.59% -2.38% -4.55% -8.33% -11.11% -14.29% -12.5% 53.19% 176.47% -5.56% 28.57% 27.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.45M $39.75M $26.70M $24.50M $19.60M $19.60M $17.50M $26.60M $23.80M $21.40M $23.30M $27.00M $7.000M $0.00 $3.600M $25.90M $12.30M $9.500M $8.700M $3.800M
YoY Change 11.83% 48.86% 8.98% 25.0% 0.0% 12.0% -34.21% 11.76% 11.21% -8.15% -13.7% 285.71% -100.0% -86.1% 110.57% 29.47% 9.2% 128.95%
Total Long-Term Assets
YoY Change
Total Assets $6.659B $6.422B $6.046B $5.144B $4.629B $4.216B $3.770B $3.222B $2.599B $2.054B $1.769B $1.555B $1.310B $1.256B $1.307B $1.483B $1.543B $1.349B $1.137B $907.3M $761.8M
YoY Change
Accounts Payable $16.12M $2.608M $700.0K $1.200M $3.300M $6.800M $3.800M $3.200M $1.900M $1.400M $1.000M $1.000M $1.300M $1.700M $2.900M $5.400M $5.500M $5.300M $3.100M $10.10M $10.70M
YoY Change 518.25% 272.57% -41.67% -63.64% -51.47% 78.95% 18.75% 68.42% 35.71% 40.0% 0.0% -23.08% -23.53% -41.38% -46.3% -1.82% 3.77% 70.97% -69.31% -5.61%
Accrued Expenses $19.77M $20.95M $22.90M $18.70M $20.50M
YoY Change -5.65% -8.52% 22.46% -8.78%
Deferred Revenue
YoY Change
Short-Term Debt $36.00M $0.00 $1.500M $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.89M $23.56M $23.60M $19.90M $23.80M $6.800M $3.800M $3.200M $1.900M $1.400M $1.000M $1.000M $1.300M $1.700M $2.900M $5.400M $5.500M $5.300M $3.100M $10.10M $10.70M
YoY Change 52.35% -0.18% 18.59% -16.39% 250.0% 78.95% 18.75% 68.42% 35.71% 40.0% 0.0% -23.08% -23.53% -41.38% -46.3% -1.82% 3.77% 70.97% -69.31% -5.61%
Long-Term Debt $148.2M $148.0M $147.8M $99.30M $99.20M $99.10M $99.00M $98.80M $0.00 $0.00 $0.00 $0.00 $26.00M $26.00M $26.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 0.16% 0.13% 48.84% 0.1% 0.1% 0.1% 0.2% -100.0% 0.0% 0.0%
Other Long-Term Liabilities $70.39M $63.51M $52.60M $52.90M $44.80M $42.80M $35.70M $30.50M $18.70M $21.30M $9.700M $6.600M $6.100M $5.500M -$1.151B $24.20M $15.00M $16.00M $12.20M $1.300M
YoY Change 10.84% 20.74% -0.57% 18.08% 4.67% 19.89% 17.05% 63.1% -12.21% 119.59% 46.97% 8.2% 10.91% -100.48% -4857.85% 61.33% -6.25% 31.15% 838.46%
Total Long-Term Liabilities $218.6M $211.5M $200.4M $152.2M $144.0M $141.9M $134.7M $129.3M $18.70M $21.30M $9.700M $6.600M $32.10M $31.50M -$1.125B $24.20M $15.00M $16.00M $12.20M $1.300M $0.00
YoY Change 3.37% 5.54% 31.67% 5.69% 1.48% 5.35% 4.18% 591.44% -12.21% 119.59% 46.97% -79.44% 1.9% -102.8% -4750.41% 61.33% -6.25% 31.15% 838.46%
Total Liabilities $5.964B $5.794B $5.460B $4.618B $4.159B $3.800B $3.415B $2.924B $2.335B $1.819B $1.562B $1.367B $1.152B $1.115B $1.221B $1.346B $1.390B $1.203B $1.013B $830.5M $694.1M
YoY Change 2.94% 6.12% 18.22% 11.05% 9.44% 11.27% 16.81% 25.22% 28.34% 16.46% 14.26% 18.69% 3.34% -8.75% -9.24% -3.17% 15.53% 18.76% 21.96% 19.65%

Ownership

Basic Shares Outstanding

No data

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

No data

Dividends

Dividends

No data

Stock Price

Market Cap: $1.2666 Billion

About Preferred Bank

Preferred Bank operates as an independent commercial bank. The company is headquartered in Los Angeles, California and currently employs 300 full-time employees. The company went IPO on 2005-02-15. The Bank provides a range of financial services. The Bank offers a range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. The Bank conducts its banking business from its main office in Los Angeles, California, and through 11 full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco) and one branch in Flushing, New York. In addition, the Bank operates a loan production office in the Houston, Texas suburb of Sugar Land. Its business activities come from the mainstream markets of Southern and Northern California.

Industry: UNKNOWN Peers: BANC OF CALIFORNIA, INC. Customers Bancorp, Inc. First Foundation Inc. GERMAN AMERICAN BANCORP, INC. LAKELAND BANCORP INC NICOLET BANKSHARES INC PNC FINANCIAL SERVICES GROUP, INC. TOMPKINS FINANCIAL CORP