Piper Sandler raises target for Preferred Bank stock to USD 120.00
Published on 10/15/2026 at 22:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and bank earnings
- Piper Sandler raised its Preferred Bank target to USD 120.00 on October 1, 2026.
- Preferred Bank reported USD 33.54 million in net income for the second quarter of 2026.
- Preferred Bank stock costs EUR 92.25 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST, while Nasdaq PFBC gained 1.57 percent versus its USD 101.99 prior close.
- Preferred Bank is scheduled to pay a USD 0.80 quarterly dividend on October 19, 2026.
Preferred Bank (ISIN US7403674044) is trading at EUR 92.25 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST. On Nasdaq, PFBC gained 1.57 percent against its USD 101.99 prior close, while Piper Sandler raised its target from USD 115.00 to USD 120.00 on October 1, 2026, according to Markets Insider.
Second-quarter earnings set the base
Preferred Bank reported USD 33.54 million in net income and diluted earnings per share of USD 2.78 for the second quarter of 2026. Standardized financial data also puts its net profit margin at 46.00 percent for the period. The balance sheet ended the quarter with USD 7.73 billion in assets and USD 6.47 billion in deposits.
MarketBeat reported that quarterly earnings per share of USD 2.78 exceeded the USD 2.65 consensus estimate, while revenue reached USD 73.47 million versus a USD 73.60 million estimate. The comparison points to earnings execution rather than revenue growth as the stronger part of the quarter.
Valuation and the next date
Preferred Bank's market capitalization is USD 1.2 billion, with a trailing P/E ratio of 9.47 and a dividend yield of 3.00 percent as of October 15, 2026. Its 52-week range is USD 81.50 to USD 112.26, placing the Nasdaq price inside the established annual range.
The next estimated earnings date is October 23, 2026, according to MarketBeat. The same source lists a USD 0.80 dividend payable on October 19, 2026, following the October 5, 2026 record date.
Comparison with peers
Preferred Bank (NASDAQ, USD): plus 1.57 percent, P/E 9.47, market capitalization USD 1.2 billion.
CVB Financial (NASDAQ, USD): plus 2.25 percent, P/E 14.36, market capitalization USD 3.8 billion.
First Interstate BancSystem (NASDAQ, USD): plus 1.28 percent, P/E 10.71, market capitalization USD 3.3 billion.
Price position after hours
The euro quote places PFBC alongside a Nasdaq session that finished higher, while its USD 101.99 close remains the relevant home-market comparison. The stock's annual high of USD 112.26 is USD 10.27 above that Nasdaq close, and the annual low of USD 81.50 is USD 20.49 below it.
Preferred Bank was trading at EUR 92.25 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST. Nasdaq PFBC gained 1.57 percent versus its USD 101.99 prior close. The further course of trading is shown by the continuously updated real-time quote of Preferred Bank stock.
Preferred Bank market data
- Company: Preferred Bank
- ISIN: US7403674044
- Ticker: PFBC
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 15, 2026, 10:28 p.m. CEST): EUR 92.25
- Nasdaq daily change: plus 1.57 percent versus USD 101.99
- Market capitalization: USD 1.2 billion (as of October 15, 2026)
- 52-week range: USD 81.50-112.26 (as of October 15, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 23, 2026
Market context: Market report Nasdaq Composite.
