GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Preferred Bank (NAS:PFBC) » Definitions » Debt-to-Equity

Preferred Bank (Preferred Bank) Debt-to-Equity : 0.25 (As of Sep. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Preferred Bank Debt-to-Equity?

Preferred Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil. Preferred Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $166.6 Mil. Preferred Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $670.5 Mil. Preferred Bank's debt to equity for the quarter that ended in Sep. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Preferred Bank's Debt-to-Equity or its related term are showing as below:

PFBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.26   Max: 0.49
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Preferred Bank was 0.49. The lowest was 0.08. And the median was 0.26.

PFBC's Debt-to-Equity is ranked better than
78.38% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs PFBC: 0.25

Preferred Bank Debt-to-Equity Historical Data

The historical data trend for Preferred Bank's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Preferred Bank Debt-to-Equity Chart

Preferred Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.26 0.23 0.29 0.27

Preferred Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.27 0.49 0.48 0.25

Competitive Comparison of Preferred Bank's Debt-to-Equity

For the Banks - Regional subindustry, Preferred Bank's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Preferred Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Preferred Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Preferred Bank's Debt-to-Equity falls into.



Preferred Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Preferred Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Preferred Bank's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Preferred Bank  (NAS:PFBC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Preferred Bank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Preferred Bank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Preferred Bank (Preferred Bank) Business Description

Traded in Other Exchanges
Address
601 South Figueroa Street, 48th Floor, Los Angeles, CA, USA, 90017
Preferred Bank is a commercial bank located in California. Its products and services are divided into Personal Banking, Business Banking, and Commercial Banking which includes Checking accounts, Savings accounts, CDs, Loans and Credit, Electronic banking and Treasury Management. It provides personalized deposit services, real estate finance, commercial loans, and trade finance credit facilities to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net-worth individuals. The bank generates a majority of its revenue from Southern and Northern California and Flushing.

Preferred Bank (Preferred Bank) Headlines

From GuruFocus

Preferred Bank Announces Quarterly Cash Dividend

By sperokesalga sperokesalga 03-27-2023

Preferred Bank Declares Quarterly Cash Dividend

By PurpleRose PurpleRose 07-12-2022

Preferred Bank Increases Quarterly Cash Dividend

By Value_Insider Value_Insider 12-15-2022

Preferred Bank Announces Share Repurchase Plan

By GuruFocusNews GuruFocusNews 06-07-2022

Preferred Bank's Dividend Analysis

By GuruFocus Research 01-05-2024

Preferred Bank Announces Share Repurchase Plan

By sperokesalga sperokesalga 06-12-2023

Preferred Bank Announces Share Repurchase Plan

By GuruFocusNews GuruFocusNews 06-17-2022

Preferred Bank Declares Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-22-2022