Preferred Bank: Q4 Earnings Insights - Preferred Bank (NASDAQ:PFBC)

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.

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.

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.