PFBC
Income statement / Annual
Last year (2024), Preferred Bank's total revenue was $520.43 M,
an increase of 8.03% from the previous year.
In 2024, Preferred Bank's net income was $130.66 M.
See Preferred Bank,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$520.43 M |
$481.76 M |
$301.43 M |
$218.78 M |
$220.32 M |
$232.97 M |
$203.95 M |
$162.86 M |
$127.55 M |
$99.07 M |
| Cost of Revenue |
$248.57 M
|
$198.61 M
|
$54.37 M
|
$24.16 M
|
$66.11 M
|
$65.53 M
|
$51.07 M
|
$33.40 M
|
$25.13 M
|
$12.66 M
|
| Gross Profit |
$271.86 M
|
$283.14 M
|
$247.05 M
|
$194.62 M
|
$154.21 M
|
$167.43 M
|
$152.89 M
|
$129.47 M
|
$102.41 M
|
$86.42 M
|
| Gross Profit Ratio |
0.52
|
0.59
|
0.82
|
0.89
|
0.7
|
0.72
|
0.75
|
0.79
|
0.8
|
0.87
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$53.65 M
|
$51.31 M
|
$48.61 M
|
$42.61 M
|
$39.56 M
|
$41.50 M
|
$37.02 M
|
$32.26 M
|
$28.08 M
|
$22.67 M
|
| Selling & Marketing Expenses |
$1.25 M
|
$737.00 K
|
$811.00 K
|
$568.00 K
|
$564.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$54.90 M
|
$52.05 M
|
$49.42 M
|
$43.17 M
|
$40.13 M
|
$41.50 M
|
$37.02 M
|
$32.26 M
|
$28.08 M
|
$22.67 M
|
| Other Expenses |
$32.93 M
|
$21.24 M
|
$18.44 M
|
$17.62 M
|
$17.23 M
|
$14.53 M
|
$17.17 M
|
$16.72 M
|
$14.63 M
|
$13.52 M
|
| Operating Expenses |
$87.83 M
|
$73.29 M
|
$67.86 M
|
$60.79 M
|
$57.35 M
|
$56.03 M
|
$54.19 M
|
$48.99 M
|
$42.71 M
|
$36.19 M
|
| Cost And Expenses |
$336.39 M
|
$271.90 M
|
$122.23 M
|
$84.95 M
|
$123.46 M
|
$121.56 M
|
$105.25 M
|
$82.38 M
|
$67.85 M
|
$48.85 M
|
| Interest Income |
$509.10 M
|
$477.99 M
|
$294.38 M
|
$211.04 M
|
$214.26 M
|
$226.72 M
|
$195.17 M
|
$157.60 M
|
$122.91 M
|
$94.70 M
|
| Interest Expense |
$236.47 M
|
$188.61 M
|
$47.02 M
|
$25.16 M
|
$40.11 M
|
$62.08 M
|
$40.94 M
|
$27.90 M
|
$18.73 M
|
$10.86 M
|
| Depreciation & Amortization |
$2.15 M
|
$1.72 M
|
$1.89 M
|
$1.90 M
|
$1.90 M
|
$1.34 M
|
$953.00 K
|
$990.00 K
|
$929.00 K
|
$623.00 K
|
| EBITDA |
$186.18 M |
$211.57 M |
$181.09 M |
$135.72 M |
$98.77 M |
$112.75 M |
$99.65 M |
$81.47 M |
$60.63 M |
$50.85 M |
| EBITDA Ratio |
0.36
|
0.44
|
0.6
|
0.62
|
0.45
|
0.48
|
0.49
|
0.5
|
0.48
|
0.51
|
| Operating Income Ratio |
0.35
|
0.44
|
0.59
|
0.61
|
0.44
|
0.48
|
0.48
|
0.49
|
0.47
|
0.51
|
| Total Other Income/Expenses Net |
$0.00
|
-$778.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$184.03 M
|
$209.85 M
|
$179.20 M
|
$133.83 M
|
$96.86 M
|
$111.41 M
|
$98.70 M
|
$80.48 M
|
$59.70 M
|
$50.23 M
|
| Income Before Tax Ratio |
0.35
|
0.44
|
0.59
|
0.61
|
0.44
|
0.48
|
0.48
|
0.49
|
0.47
|
0.51
|
| Income Tax Expense |
$53.37 M
|
$59.81 M
|
$50.35 M
|
$38.59 M
|
$27.39 M
|
$33.04 M
|
$27.71 M
|
$37.09 M
|
$23.33 M
|
$20.49 M
|
| Net Income |
$130.66 M
|
$150.04 M
|
$128.85 M
|
$95.24 M
|
$69.47 M
|
$78.37 M
|
$70.99 M
|
$43.39 M
|
$36.37 M
|
$29.74 M
|
| Net Income Ratio |
0.25
|
0.31
|
0.43
|
0.44
|
0.32
|
0.34
|
0.35
|
0.27
|
0.29
|
0.3
|
| EPS |
9.8 |
10.64 |
8.84 |
6.41 |
4.65 |
5.16 |
4.64 |
2.97 |
2.58 |
2.17 |
| EPS Diluted |
9.65 |
10.52 |
8.7 |
6.41 |
4.65 |
5.16 |
4.64 |
2.96 |
2.56 |
2.14 |
| Weighted Average Shares Out |
$13.35 M
|
$14.10 M
|
$14.58 M
|
$14.87 M
|
$14.89 M
|
$15.06 M
|
$15.06 M
|
$14.44 M
|
$13.88 M
|
$13.48 M
|
| Weighted Average Shares Out Diluted |
$13.55 M
|
$14.26 M
|
$14.81 M
|
$14.87 M
|
$14.89 M
|
$15.06 M
|
$15.06 M
|
$14.49 M
|
$13.99 M
|
$13.68 M
|
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