On 2016-06-24, Preferred Bank (NASDAQ:PFBC) confirmed the dividend disbursement of $0.15 a share to shareholders as on record 2016-07-07. The firm will release dividend on 2016-07-21 while ex-dividend date is reported to be 2016-07-05.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Preferred Bank (NASDAQ:PFBC) paid a total of $0.15 per share in dividends. This figure stood at $0.15 a share in the same period a year ago indicating a deviation of 360%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $37.5 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $39 and $36, respectively.
Taking the mathematical rating formula, the price for Preferred Bank (NASDAQ:PFBC) stands at 1.25. Earnings Review Preferred Bank (NASDAQ:PFBC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-17. For the period ending on 2016-09-30, experts are expecting EPS of $0.63.
Coming to the quarter ending on 2015-12-31, Preferred Bank (NASDAQ:PFBC) recorded EPS of $0.61. The reported numbers came lower than the analysts’ estimates of $0.59, demonstrating a miss of $0.02 as against reported figures.
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