PFBC - Preferred Bank GAAP EPS of $2.40 beats by $0.27 revenue of $68.98M beats by $3.8M
- Preferred Bank press release ( NASDAQ: PFBC ): Q3 GAAP EPS of $2.40 beats by $0.27 .
- Revenue of $68.98M (+36.6% Y/Y) beats by $3.8M .
- Total deposits increased to $5.46 billion, an increase of $230 million or 4.4% over the $5.23 billion as of December 31, 2021.
- Total assets ended the quarter at $6.29 billion, an increase of $247 million or 4.1% over the total of $6.05 billion as of December 31, 2021.
- Return on average assets (“ROA”) of 2.25%
- Return on beginning equity (“ROBE”) of 23.60%
- Pre-provision, pre-tax (“PPPT”) ROBE of 34.59% 1
- Efficiency ratio of 25.23%
- Linked quarter loan growth (Ex-PPP) of 2.1%
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Preferred Bank GAAP EPS of $2.40 beats by $0.27, revenue of $68.98M beats by $3.8M