Preferred Bank (PFBC) Balance Sheet
PFBC balance sheet, 2025
December 31, 2025 · U.S. dollars$7.60B assets = $6.81B liabilities + $789.5M equity
Both columns are drawn to the same scale: what PFBC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PFBC financial health
Descriptive bands, not a rating. Fiscal 2025.
PFBC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.22B2016 | $7.60B2025 | +10.0%/yr | |
| Total liabilities | $2.92B2016 | $6.81B2025 | +9.9%/yr | |
| Shareholders’ equity | $298.1M2016 | $789.5M2025 | +11.4%/yr | |
| Cash & short-term investments | $506.2M2016 | $827.1M2025 | +5.6%/yr | |
| Total debt | $129.8M2016 | $383.8M2025 | +12.8%/yr | |
| Net cash (debt) | $376.4M2016 | $443.3M2025 | +$66.9M | |
| Working capital | −$2.26B2016 | $855.5M2025 | +$3.1B | |
| Book value per share | $21.312016 | $61.502025 | +12.5%/yr | |
| Debt / equity | 0.442016 | 0.492025 | +0.05 | |
| Shares outstanding | 14.0M2016 | 12.8M2025 | −0.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PFBC assets
PFBC liabilities and equity
PFBC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PFBC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $827.1M | $765.5M | $1.20B | $1.18B | $1.48B | $979.1M | $739.3M | $709.2M | $635.0M | $506.2M |
| Cash & equivalents | $807.1M | $765.5M | $890.9M | $747.5M | $1.03B | $739.5M | $498.6M | $526.8M | $446.8M | $306.3M |
| Short-term investments | $20.0M | $3,000 | $313.8M | $428.3M | $451.9M | $239.7M | $240.6M | $182.4M | $188.2M | $199.8M |
| Receivables | $34.2M | $35.8M | $36.3M | $23.6M | $14.6M | $23.7M | $18.3M | $14.3M | $14.0M | $9.6M |
| Inventory | $0 | $0 | −$947.1M | −$814.8M | −$1.08B | −$786.8M | −$561.4M | −$627.1M | −$580.7M | −$418.3M |
| Other current assets | $0 | $0 | $947.1M | $814.8M | $1.08B | $786.8M | $561.4M | $627.1M | $580.7M | $418.3M |
| Total current assets | $861.3M | $801.3M | $1.24B | $1.20B | $1.50B | $1.00B | $757.6M | $723.4M | $649.0M | $515.7M |
| Property, plant & equipment (net) | $38.6M | $21.6M | $31.7M | $30.7M | $32.5M | $27.9M | $29.3M | $7.5M | $5.7M | $5.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $654.9M | $427.1M | $400.3M | $511.9M | $524.9M | $308.8M | $301.1M | $234.3M | $231.7M | $233.8M |
| Other non-current assets | $6.05B | $5.67B | $4.99B | $4.68B | $3.99B | $3.80B | $3.54B | $3.25B | $2.88B | $2.47B |
| Total assets | $7.60B | $6.92B | $6.66B | $6.43B | $6.05B | $5.14B | $4.63B | $4.22B | $3.77B | $3.22B |
| Liabilities | ||||||||||
| Accounts payable | $16.5M | $16.5M | $16.1M | $2.6M | $715,000 | $1.2M | $3.3M | $6.8M | $3.8M | $3.2M |
| Short-term debt | $5.8M | $4.3M | $4.9M | $4.4M | $4.0M | $3.8M | $2.9M | $1.3M | $8,000 | $4.4M |
| Deferred revenue | — | — | −$16.1M | −$1.8M | −$3.3M | −$2.5M | $438,000 | $5.5M | −$1.2M | −$17.1M |
| Total current liabilities | $5.8M | $5.93B | $5.73B | $5.56B | $5.23B | $4.44B | $3.99B | $3.65B | $3.27B | $2.77B |
| Long-term debt | $348.7M | $148.5M | $148.2M | $148.0M | $147.8M | $99.3M | $99.2M | $99.1M | $99.0M | $98.8M |
| Lease obligations | $35.1M | $17.0M | $19.8M | $20.9M | $22.9M | $18.7M | $20.5M | — | — | — |
| Other long-term liabilities | $6.46B | $78.4M | $90.5M | $87.3M | $85.6M | $75.1M | $72.6M | $54.2M | $49.3M | $50.2M |
| Total liabilities | $6.81B | $6.16B | $5.96B | $5.79B | $5.46B | $4.62B | $4.16B | $3.80B | $3.41B | $2.92B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $207.9M | $169.9M |
| Retained earnings (deficit) | $780.6M | $685.1M | $592.3M | $475.1M | $373.0M | $301.0M | $255.1M | $194.9M | $139.7M | $108.3M |
| Treasury stock | — | — | — | — | — | — | −$55.1M | −$34.5M | −$33.2M | −$19.1M |
| Accumulated other comprehensive income | −$13.7M | −$27.5M | −$31.8M | −$28.6M | $4.9M | $7.0M | $4.0M | −$2.0M | $1.2M | −$871,000 |
| Total shareholders' equity | $789.5M | $763.2M | $695.1M | $630.4M | $586.7M | $525.4M | $470.0M | $416.7M | $355.0M | $298.1M |
| Key figures | ||||||||||
| Total debt | $383.8M | $165.5M | $168.0M | $168.9M | $170.6M | $118.0M | $119.7M | $100.4M | $105.4M | $129.8M |
| Net cash (debt) | $443.3M | $600.1M | $1.04B | $1.01B | $1.31B | $861.1M | $619.6M | $608.8M | $529.7M | $376.4M |
| Working capital | $855.5M | −$5.13B | −$4.48B | −$4.36B | −$3.73B | −$3.44B | −$3.23B | −$2.92B | −$2.62B | −$2.26B |
| Tangible book value | $789.5M | $763.2M | $695.1M | $630.4M | $586.7M | $525.4M | $470.0M | $416.7M | $355.0M | $298.1M |
| Book value per share | $61.50 | $56.30 | $48.74 | $42.57 | $39.47 | $35.30 | $31.21 | $27.67 | $24.50 | $21.31 |
| Shares outstanding | 12.8M | 13.6M | 14.3M | 14.8M | 14.9M | 14.9M | 15.1M | 15.1M | 14.5M | 14.0M |
| Current ratio | 149.60 | 0.14 | 0.22 | 0.22 | 0.29 | 0.23 | 0.19 | 0.20 | 0.20 | 0.19 |
| Quick ratio | 149.60 | 0.14 | 0.22 | 0.22 | 0.29 | 0.23 | 0.19 | 0.20 | 0.20 | 0.19 |
| Debt / equity | 0.49 | 0.22 | 0.24 | 0.27 | 0.29 | 0.22 | 0.25 | 0.24 | 0.30 | 0.44 |
| Equity / assets | 10.4% | 11.0% | 10.4% | 9.8% | 9.7% | 10.2% | 10.2% | 9.9% | 9.4% | 9.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $749.8M | $805.2M | $807.1M | $795.5M | $776.3M | $905.2M | $765.5M | $1.12B | $1.23B | $1.25B | $1.20B | $1.33B |
| Cash & equivalents | $749.8M | $805.2M | $807.1M | $795.5M | $776.3M | $905.2M | $765.5M | $782.4M | $895.7M | $916.6M | $890.9M | $998.5M |
| Short-term investments | — | $2,000 | $20.0M | $39,000 | $62,000 | $65,000 | $3,000 | $337.4M | $331.9M | $333.4M | $313.8M | $335.6M |
| Receivables | $32.8M | $34.8M | $34.2M | $41.6M | $41.5M | $31.8M | $35.8M | $36.6M | $43.0M | $35.6M | $36.3M | $33.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$960.7M | −$972.2M | −$947.1M | −$1.07B |
| Other current assets | $0 | $0 | $20.0M | $0 | $0 | $0 | $0 | $0 | $960.7M | $972.2M | $947.1M | $1.07B |
| Total current assets | $782.6M | $840.0M | $861.3M | $837.1M | $817.8M | $937.0M | $801.3M | $1.16B | $1.27B | $1.29B | $1.24B | $1.37B |
| Property, plant & equipment (net) | $39.1M | $38.6M | $38.6M | $34.8M | $27.4M | $28.6M | $21.6M | $39.7M | $32.1M | $33.0M | $31.7M | $29.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $638.0M | $654.9M | $662.0M | $671.3M | $473.5M | $427.1M | $415.7M | $412.9M | $417.2M | $400.3M | $411.8M |
| Other non-current assets | $6.91B | $6.14B | $6.05B | $5.93B | $5.76B | $5.66B | $5.67B | $5.26B | $5.13B | $5.02B | $4.99B | $4.82B |
| Total assets | $7.73B | $7.65B | $7.60B | $7.47B | $7.28B | $7.10B | $6.92B | $6.87B | $6.85B | $6.76B | $6.66B | $6.63B |
| Liabilities | ||||||||||||
| Accounts payable | — | $16.8M | $16.5M | $15.7M | $15.5M | $14.6M | $16.5M | $16.0M | $15.1M | $15.7M | $16.1M | $12.5M |
| Short-term debt | $3.1M | $4.6M | $5.8M | $766,000 | $2.0M | $3.2M | $4.3M | $1.3M | $2.6M | $3.8M | $4.9M | $1.1M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$15.1M | −$15.7M | −$16.1M | $11.4M |
| Total current liabilities | $3.1M | $4.6M | $5.8M | $6.25B | $6.09B | $6.09B | $5.93B | $5.88B | $5.89B | $5.82B | $5.73B | $5.70B |
| Long-term debt | $0 | $348.8M | $348.7M | $348.6M | $348.6M | $148.5M | $148.5M | $148.4M | $148.4M | $148.3M | $148.2M | $148.2M |
| Lease obligations | — | $34.4M | $35.1M | $31.1M | $23.1M | $24.0M | $17.0M | $26.7M | $19.1M | $20.2M | $19.8M | $18.4M |
| Other long-term liabilities | $6.94B | $6.53B | $6.46B | $98.2M | $88.6M | $85.6M | $78.4M | $90.1M | $81.3M | $90.9M | $90.5M | $118.1M |
| Total liabilities | $6.94B | $6.88B | $6.81B | $6.69B | $6.53B | $6.32B | $6.16B | $6.12B | $6.12B | $6.06B | $5.96B | $5.96B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M | $210.9M |
| Retained earnings (deficit) | $826.4M | $802.3M | $780.6M | $755.6M | $728.9M | $705.4M | $685.1M | $664.8M | $640.7M | $616.4M | $592.3M | $566.0M |
| Accumulated other comprehensive income | −$20.0M | −$17.4M | −$13.7M | −$16.7M | −$22.2M | −$22.8M | −$27.5M | −$24.6M | −$31.1M | −$32.8M | −$31.8M | −$39.1M |
| Total shareholders' equity | $793.5M | $770.2M | $789.5M | $775.6M | $747.7M | $778.6M | $763.2M | $750.1M | $723.1M | $699.6M | $695.1M | $670.5M |
| Key figures | ||||||||||||
| Total debt | $385.2M | $383.1M | $383.8M | $379.7M | $371.7M | $172.6M | $165.5M | $175.1M | $167.5M | $168.5M | $168.0M | $166.6M |
| Net cash (debt) | $364.6M | $422.0M | $423.3M | $415.8M | $404.6M | $732.7M | $600.1M | $944.6M | $1.06B | $1.08B | $1.04B | $1.17B |
| Working capital | $779.6M | $835.4M | $855.5M | −$5.41B | −$5.28B | −$5.15B | −$5.13B | −$4.73B | −$4.62B | −$4.53B | −$4.48B | −$4.33B |
| Tangible book value | $793.5M | $770.2M | $789.5M | $775.6M | $747.7M | $778.6M | $763.2M | $750.1M | $723.1M | $699.6M | $695.1M | $670.5M |
| Book value per share | $65.86 | $62.66 | $63.26 | $61.39 | $57.34 | $57.88 | $56.77 | $55.38 | $53.38 | $50.93 | $50.36 | $47.53 |
| Shares outstanding | 12.0M | 12.3M | 12.5M | 12.6M | 13.0M | 13.5M | 13.4M | 13.5M | 13.5M | 13.7M | 13.8M | 14.1M |
| Current ratio | 255.01 | 183.04 | 149.60 | 0.13 | 0.13 | 0.15 | 0.14 | 0.20 | 0.22 | 0.22 | 0.22 | 0.24 |
| Quick ratio | 255.01 | 183.04 | 146.13 | 0.13 | 0.13 | 0.15 | 0.14 | 0.20 | 0.22 | 0.22 | 0.22 | 0.24 |
| Debt / equity | 0.49 | 0.50 | 0.49 | 0.49 | 0.50 | 0.22 | 0.22 | 0.23 | 0.23 | 0.24 | 0.24 | 0.25 |
| Equity / assets | 10.3% | 10.1% | 10.4% | 10.4% | 10.3% | 11.0% | 11.0% | 10.9% | 10.6% | 10.4% | 10.4% | 10.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
PFBC financial position
At the end of fiscal 2025 (December 31, 2025), Preferred Bank had total assets of $7.6 billion (up 9.8% from a year earlier), total liabilities of $6.8 billion and shareholders' equity of $789.5 million. It held $827.1 million in cash and short-term investments against $383.8 million of debt, a net cash position of $443.3 million. Its current ratio was 149.60. In the latest quarter (ended June 30, 2026) total assets were $7.7 billion and equity $793.5 million.
Related: PFBC income statement, PFBC cash flow statement, PFBC key metrics. See the PFBC stock overview for the latest quote and news.
PFBC balance sheet FAQ
What are Preferred Bank's total assets?
Preferred Bank reported total assets of $7.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.9 billion a year earlier.
How much debt does Preferred Bank have?
Preferred Bank had $383.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.49.
How much cash does Preferred Bank have?
Preferred Bank held $827.1 million in cash and short-term investments at the end of fiscal 2025; with $383.8 million of debt that is net cash of $443.3 million.
What is Preferred Bank's book value?
Preferred Bank's shareholders' equity (book value) was $789.5 million at the end of fiscal 2025, or $61.50 per share.
What is Preferred Bank's current ratio?
Preferred Bank had current assets of $861.3 million and current liabilities of $5.8 million, a current ratio of 149.60 (it can cover its short-term obligations).