Preferred Bank stock closed at USD 104.41 on October 16, 2026, 3.44 percent below Argus target

Published on 10/17/2026 at 21:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due on October 23, 2026. Preferred Bank stock closed at USD 104.41 on October 16, 2026, up 0.79 percent versus Nasdaq's prior close.

Targets And Upcoming Results

Argus lowered its Preferred Bank target to USD 108.00 on October 14, 2026.
Preferred Bank is scheduled to report third-quarter results on October 23, 2026.
Preferred Bank stock closed at USD 104.41 on October 16, 2026, up 0.79 percent on Nasdaq versus the prior close.
Preferred Bank had a market capitalization of USD 1.2 billion and a P/E ratio of 9.54.

PFBC, US7403674044, Illustration mit AI erstellt.

Argus lowered its Preferred Bank target to USD 108.00 on October 14, 2026, leaving the target 3.44 percent above the October 16 closing price of USD 104.41. Yahoo Finance carried the Argus update. Preferred Bank stock closed at USD 104.41 on October 16, 2026, up 0.79 percent on Nasdaq versus the prior close.

Results date sets the next marker

Preferred Bank is scheduled to report third-quarter 2026 results before the market opens on October 23, 2026. MarketBeat said analysts expect earnings of USD 2.69 per share and revenue of USD 73.10 million for that quarter. The release is the next scheduled test for the bank after second-quarter earnings per share of USD 2.78 exceeded consensus by USD 0.13, according to the same report.

Nasdaq range leaves room below the high

The Nasdaq closing price of USD 104.41 on October 16, 2026 stood 7.00 percent below the 52-week high of USD 112.26 and 28.11 percent above the 52-week low of USD 81.50. The session change was plus 0.79 percent, while the 50-day moving average was USD 104.82 and the 200-day moving average was USD 100.88. These levels place the close below the shorter moving average and above the longer one.

Valuation and bank comparison

Preferred Bank's market capitalization was USD 1.2 billion, with a P/E ratio of 9.54 and a dividend yield of 3.10 percent. Its quarterly dividend was USD 0.80, with payment scheduled for October 19, 2026, as reported by MarketBeat.

Comparison with peers

PFBC: plus 0.79 percent, P/E 9.54, market capitalization USD 1.2 billion
Hope Bancorp (Nasdaq, USD): plus 0.22 percent, P/E 13.43, market capitalization USD 1.7 billion
CVB Financial (Nasdaq, USD): plus 0.18 percent, P/E 14.39, market capitalization USD 3.8 billion

Preferred Bank stays below its yearly high

Preferred Bank combines a lower earnings multiple than the two comparison banks with a share price that sits below its 52-week high. The October 23 results date will provide the next company-specific figure for revenue, earnings and credit conditions.