Preferred Bank (Preferred Bank) 5-Year Yield-on-Cost % : 6.90 (As of May. 05, 2024)

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What is Preferred Bank 5-Year Yield-on-Cost %?

Preferred Bank's yield on cost for the quarter that ended in Sep. 2023 was 6.90.

The historical rank and industry rank for Preferred Bank's 5-Year Yield-on-Cost % or its related term are showing as below:

PFBC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.83 Med: 4.39 Max: 9.5
Current: 6.9

During the past 13 years, Preferred Bank's highest Yield on Cost was 9.50. The lowest was 0.83. And the median was 4.39.

PFBC's 5-Year Yield-on-Cost % is ranked better than
70.65% of 1189 companies
in the Banks industry
Industry Median: 4.97 vs PFBC: 6.90

Competitive Comparison of Preferred Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Preferred Bank's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Preferred Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Preferred Bank's 5-Year Yield-on-Cost % falls into.

Preferred Bank 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Preferred Bank is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Preferred Bank (NAS:PFBC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Preferred Bank 5-Year Yield-on-Cost % Related Terms

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Preferred Bank (Preferred Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Preferred Bank (NAS:PFBC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

1IU:Germany

Address

601 South Figueroa Street, 48th Floor, Los Angeles, CA, USA, 90017

Website

https://www.preferredbank.com

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.