Preferred Bank: Q4 Earnings Insights

Preferred Bank PFBC reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Preferred Bank beat estimated earnings by 2.36%, reporting an EPS of $2.6 versus an estimate of $2.54.

Revenue was down $4.72 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 4.45% drop in the share price the next day.

Here's a look at Preferred Bank's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.56 2.45 2.56 2.57
EPS Actual 2.71 2.61 2.61 2.71
Revenue Estimate 72.47M 71.48M 73.42M 71.80M
Revenue Actual 72.95M 73.31M 73.72M 74.11M

To track all earnings releases for Preferred Bank visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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