Preferred Bank (PFBC)
NASDAQ:PFBC
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.64Last Year’s EPS
2.52Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: solid first-quarter profitability, active capital deployment (share repurchase), controlled expenses, and meaningful progress reducing a large nonperforming relationship are positives. However, a material nonaccrual exposure (~$177M), a quarter-to-quarter NIM decline (~17 bps) driven by a nonrecurring interest reversal, sustained competitive pricing pressure, slower deposit-cost relief, and macro/geopolitical uncertainty temper the outlook. Management expects some margin normalization in Q2 and continues active remediation of problem assets, but near-term uncertainty remains.Company Guidance
Profitability — Q1 Net Income and EPS
Reported first quarter net income of $31.3 million and EPS of $2.53, demonstrating continued profitability despite headwinds.
Reduction of Problem Credit Relationship
Placed a nine-loan relationship on nonaccrual totaling ~$177 million and subsequently sold loans at par (one for $9.4M and two on April 1 for $48.5M), reducing the relationship by approximately 50% to date and signaling active remediation.
Loan and Deposit Growth (Sequential)
Moderate sequential loan growth of 1.1% and deposit growth of 1.2%, indicating continued core business growth momentum.
Net Interest Margin Outlook
Reported NIM of 3.57% for the quarter (impact noted from a nonrecurring interest reversal). Management expects a rebound toward ~3.70% in Q2 as reversal effects normalize (management cited March margin of ~3.71%).
Active Capital Management — Share Repurchase
Repurchased roughly 400,000 shares of common stock for total consideration near $89.90 per share, reflecting use of excess capital to support shareholder returns.
Controlled Operating Expenses
Noninterest expense was approximately $23.5M in Q1, including >$1M of one-time payroll tax related to bonuses/stock vesting; management expects Q2 expense run rate in the high-$22M to low-$23M range, indicating cost control.
Stable Overall Credit Metrics
Outside of the identified troubled relationship, management characterized the broader credit profile as stable and noted a ten‑year charge-off ratio below the peer average, implying generally prudent underwriting.
PFBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PFBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $94.04 | $93.61 | -0.46% |
Jan 22, 2026 | $98.29 | $91.41 | -7.00% |
Oct 20, 2025 | $85.13 | $89.46 | +5.08% |
Jul 21, 2025 | $90.30 | $94.59 | +4.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Preferred Bank (PFBC) report earnings?
Preferred Bank (PFBC) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Preferred Bank (PFBC) earnings time?
Preferred Bank (PFBC) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PFBC EPS forecast?
PFBC EPS forecast for the fiscal quarter 2026 (Q2) is 2.64.