Preferred Bank sets October 23 results date for Preferred Bank stock

Published on 10/20/2026 at 20:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler kept Buy and a USD 120.00 target on October 1, 2026. Preferred Bank stock costs EUR 93.25 at Lang & Schwarz on October 20, 2026.

Reporting date October 23, 2026

Preferred Bank is due to report third-quarter results before the market opens on October 23, 2026.
Piper Sandler set a USD 120.00 target and kept a Buy rating on October 1, 2026.
Preferred Bank stock costs EUR 93.25 at Lang & Schwarz on October 20, 2026.
Preferred Bank has a USD 1.2 billion market capitalization and a 9.58 price-to-earnings ratio.

PFBC, US7403674044, Illustration mit AI erstellt.

Preferred Bank (ISIN US7403674044) is due to report third-quarter 2026 results before the market opens on October 23, a date that puts the California regional bank's next earnings release at the center of its stock story. MarketBeat reported consensus estimates of USD 2.69 in earnings per share and USD 73.10 million in revenue for the quarter. Preferred Bank stock was trading at EUR 93.25 at Lang & Schwarz on October 20, 2026 at 8:51 p.m. CEST.

October 23 brings the next test

The scheduled release gives investors a concrete checkpoint for the bank's earnings power. Preferred Bank earned USD 33.54 million in the second quarter of 2026, while diluted earnings per share reached USD 2.78 in the same period. Net interest income was USD 69.99 million, according to the latest standardized quarterly figures.

The upcoming consensus therefore points to a lower earnings-per-share figure than the second-quarter result, although the two periods are not identical reporting periods. Revenue expectations of USD 73.10 million provide the main operating benchmark for the October 23 announcement.

Nasdaq range frames the stock

On the Nasdaq, Preferred Bank last traded at USD 104.94 on October 20, 2026 at 2:57 p.m. ET. The quoted 52-week range was USD 81.50 to USD 112.26, placing the latest Nasdaq price USD 7.32 below the high and USD 23.44 above the low. Trading volume stood at 26,758 shares.

The bank's market capitalization was USD 1.2 billion, and its price-to-earnings ratio was 9.58 on October 20, 2026. Its trailing dividend yield was 3.00 percent, while the quarterly dividend was USD 0.80, or USD 3.20 on an annualized basis, as reported by MarketBeat.

What does the analyst target imply?

Piper Sandler maintained a Buy rating and raised its Preferred Bank target to USD 120.00 from USD 115.00 on October 1, 2026, according to Business Insider. Against the Nasdaq price of USD 104.94, that target is USD 15.06 higher, equivalent to 14.35 percent above the price.

Preferred Bank stock in perspective

Preferred Bank combines a scheduled earnings event with a recent analyst target increase. Its second-quarter net income of USD 33.54 million and the third-quarter revenue estimate of USD 73.10 million give investors two concrete figures for judging whether profitability is holding as the next report approaches. The bank serves commercial and consumer customers through branches in California, New York and Texas.

The further course of trading is shown by the continuously updated real-time quote of Preferred Bank stock.