Preferred Bank Reports Record Quarterly Earnings

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Go back to Preferred Bank Reports Record Quarterly Earnings

Preferred Bank (PFBC) PT Raised to $65 at FBR Capital Following 4Q EPS Beat

January 23, 2017 6:50 AM EST

FBR Capital raised its price target on Preferred Bank (NASDAQ: PFBC) to $65.00 (from $60.00) while maintaining a Outperform rating following the company's 4Q earnings report. PFBC reported EPS of $0.71, $0.06 above consensus.

Analyst Bob Ramsey commented, "We reiterate our Outperform rating on Preferred Bank... More