Investing.com - Financial Markets Worldwide

Preferred Bank Earnings, Revenue Beat in Q3

Published 19/10/2022, 21:36
Updated 19/10/2022, 21:36
Preferred Bank Earnings, Revenue Beat in Q3
PFBC
0.41%
UZE
-0.06%

Investing.com - Preferred Bank reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Preferred Bank announced earnings per share of $2.40 on revenue of $66.28. Analysts polled by Investing.com EPS of $2.13 on revenue of $65.28M.

Preferred Bank 's are down 36.64% and is trading at $68.80 , still down 16.07% from its 52 week high of $81.97 set on Friday, February 4, 2022.

Preferred Bank follows other major Financial sector earnings this month

Preferred Bank's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.

Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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