Preferred Bank (PFBC) Income Statement
PFBC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPFBC revenue and net income
Where PFBC's revenue goes
2025Each bar shows an amount and its share of revenue. PFBC kept 26.8% of revenue as net income.
PFBC profit margins
PFBC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.1% | +18.3% | +17.8% | +17.5% |
| Gross profit | +0.9% | +3.5% | +12.2% | +12.2% |
| Operating income | +3.0% | +1.9% | +14.4% | +14.2% |
| Net income | +2.3% | +1.2% | +14.0% | +16.2% |
| EPS (diluted) | +7.8% | +6.0% | +17.4% | +17.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PFBC quarterly EPS vs estimates
Preferred Bank beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 23, 2026 (estimate $2.69).
PFBC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $499.0M | $520.4M | $481.8M | $301.4M | $218.8M | $220.3M | $233.0M | $204.0M | $162.9M | $127.5M |
| Cost of revenue | $224.7M | $248.6M | $198.6M | $54.4M | $24.2M | $66.1M | $65.5M | $51.1M | $33.4M | $25.1M |
| Gross profit | $274.3M | $271.9M | $283.1M | $247.1M | $194.6M | $154.2M | $167.4M | $152.9M | $129.5M | $102.4M |
| Sales, general & admin | $66.8M | $54.9M | $52.1M | $49.4M | $43.2M | $40.1M | $42.3M | $37.8M | $33.1M | $28.9M |
| Total operating expenses | $84.8M | $87.8M | $73.3M | $67.9M | $60.8M | $57.4M | $56.0M | $54.2M | $49.0M | $42.7M |
| Operating income | $189.5M | $184.0M | $210.6M | $179.2M | $133.8M | $96.9M | $111.4M | $98.7M | $80.5M | $59.7M |
| Interest income | $486.5M | $509.1M | $451.4M | $294.4M | $211.0M | $214.3M | $226.7M | $195.2M | $157.6M | $122.9M |
| Interest expense | $215.6M | $236.5M | $188.6M | $47.0M | $25.2M | $40.1M | $62.1M | $40.9M | $27.9M | $18.7M |
| Income before taxes | $189.5M | $184.0M | $209.9M | $179.2M | $133.8M | $96.9M | $111.4M | $98.7M | $80.5M | $59.7M |
| Income taxes | $55.9M | $53.4M | $59.8M | $50.4M | $38.6M | $27.4M | $33.0M | $27.7M | $37.1M | $23.3M |
| Net income | $133.6M | $130.7M | $150.0M | $128.8M | $95.2M | $69.5M | $78.4M | $71.0M | $43.4M | $36.4M |
| EBITDA | $191.3M | $186.2M | $211.6M | $181.1M | $135.7M | $98.8M | $112.7M | $99.7M | $81.5M | $60.6M |
| EPS (diluted) | $10.38 | $9.63 | $10.77 | $8.72 | $6.42 | $4.66 | $5.17 | $4.51 | $3.42 | $2.57 |
| Gross margin | 55.0% | 52.2% | 58.8% | 82.0% | 89.0% | 70.0% | 71.9% | 75.0% | 79.5% | 80.3% |
| Operating margin | 38.0% | 35.4% | 43.7% | 59.4% | 61.2% | 44.0% | 47.8% | 48.4% | 49.4% | 46.8% |
| Net margin | 26.8% | 25.1% | 31.1% | 42.7% | 43.5% | 31.5% | 33.6% | 34.8% | 26.6% | 28.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125.7M | $120.8M | $129.3M | $130.5M | $124.2M | $118.5M | $127.3M | $132.9M | $130.7M | $129.6M | $123.7M | $128.5M |
| Cost of revenue | $53.7M | $53.1M | $59.0M | $58.0M | $55.2M | $52.6M | $58.7M | $63.8M | $63.7M | $62.4M | $59.1M | $56.1M |
| Gross profit | $72.1M | $67.8M | $70.3M | $72.5M | $69.0M | $66.0M | $68.6M | $69.1M | $67.0M | $67.2M | $64.7M | $72.4M |
| Sales, general & admin | $17.7M | $17.9M | $15.7M | $14.5M | $14.5M | $15.3M | $13.6M | $13.8M | $13.3M | $14.2M | $12.3M | $13.2M |
| Total operating expenses | $23.5M | $23.2M | $20.9M | $21.5M | $22.4M | $23.4M | $26.0M | $22.1M | $19.7M | $20.0M | $14.5M | $19.0M |
| Operating income | $48.6M | $44.6M | $49.4M | $51.0M | $46.6M | $42.6M | $42.6M | $47.0M | $47.3M | $47.1M | $50.1M | $53.4M |
| Interest income | — | $116.9M | $124.6M | $126.8M | $120.4M | $114.5M | $125.9M | $129.4M | $127.3M | $126.5M | $125.0M | $125.5M |
| Interest expense | $52.5M | $51.6M | $54.7M | $55.5M | $53.6M | $51.9M | $56.7M | $60.6M | $61.2M | $58.0M | $55.6M | $52.6M |
| Income before taxes | $48.6M | $44.6M | $49.4M | $51.0M | $46.6M | $42.6M | $42.6M | $47.0M | $47.3M | $47.1M | $50.1M | $53.4M |
| Income taxes | $15.0M | $13.4M | $14.6M | $15.0M | $13.7M | $12.6M | $12.3M | $13.6M | $13.7M | $13.7M | $14.3M | $15.2M |
| Net income | $33.5M | $31.1M | $34.8M | $35.9M | $32.8M | $30.0M | $30.2M | $33.4M | $33.6M | $33.5M | $35.8M | $38.2M |
| EBITDA | $48.6M | $45.0M | $49.8M | $51.4M | $47.0M | $43.1M | $43.1M | $47.5M | $47.9M | $47.7M | $50.6M | $53.9M |
| EPS (diluted) | $2.78 | $2.53 | $2.79 | $2.84 | $2.52 | $2.23 | $2.25 | $2.46 | $2.48 | $2.44 | $2.64 | $2.71 |
| Gross margin | 57.3% | 56.1% | 54.4% | 55.5% | 55.6% | 55.6% | 53.9% | 52.0% | 51.3% | 51.8% | 52.3% | 56.4% |
| Operating margin | 38.6% | 36.9% | 38.2% | 39.1% | 37.5% | 35.9% | 33.4% | 35.4% | 36.2% | 36.4% | 40.5% | 41.6% |
| Net margin | 26.7% | 25.8% | 26.9% | 27.5% | 26.4% | 25.3% | 23.7% | 25.1% | 25.7% | 25.8% | 29.0% | 29.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PFBC's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PFBC financial results
In fiscal year 2025 (ended December 31, 2025), Preferred Bank reported revenue of $499.0 million, down 4.1% from the year before. It had net income of $133.6 million (up 2.3%), a net profit margin of 26.8%. Diluted earnings per share came to $10.38. Over five years revenue grew at an average rate of 17.8% a year.
See the PFBC stock overview for the latest quote and news, or the PFBC chart for price history and technical indicators.
PFBC income statement FAQ
What is Preferred Bank's annual revenue?
Preferred Bank reported total revenue of $499.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 4.1% from $520.4 million the previous year.
Is Preferred Bank profitable?
Yes. Preferred Bank reported net income of $133.6 million in fiscal 2025, a net profit margin of 26.8%; its operating margin was 38.0%.
What is Preferred Bank's gross margin?
Preferred Bank's gross margin was 55.0% in fiscal 2025: for every $100 of revenue, Preferred Bank kept $55 after the direct cost of its products and services.
How fast is Preferred Bank growing?
Revenue grew 17.8% a year on average over the last five fiscal years, from $220.3 million to $499.0 million.
What are Preferred Bank's earnings per share?
Preferred Bank earned $10.38 per diluted share in fiscal 2025, compared with $9.63 a year earlier.
When will Preferred Bank report its next earnings?
Preferred Bank is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does Preferred Bank's fiscal year end?
Preferred Bank's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.