Preferred Bank Balance Sheet - Annual (NASDAQ:PFBC)
The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Preferred Bank stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Preferred Bank stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing Preferred Bank revenue Preferred Bank operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Preferred Bank balance sheet for 2016 shows cash on hand of $403.83M. The company has a debt to equity ratio of -.
View latest 10 year balance sheet data to check Preferred Bank financial performance.| Fiscal year is Jan - Dec | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
| Cash | 403.83M | 309.17M | 240.19M | 246.61M | 156.27M | 142.46M | 108.23M | 68.07M | 69.58M |
| Marketable Securities | - | - | - | - | - | - | - | - | - |
| Receivables | 2.52B | 2.04B | 1.59B | 1.31B | 1.1B | 929.72M | 885.38M | 1.01B | 1.21B |
| Inventory | - | - | - | 6.2M | 12.15M | 3.99M | 2.55M | - | - |
| Raw Materials | - | - | - | - | - | - | - | - | - |
| Work In Progress | - | - | - | - | - | - | - | - | - |
| Finished Goods | - | - | - | - | - | - | - | - | - |
| Notes Receivable | - | - | - | - | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - | - | 3.72M | - | - |
Total Current Assets | 2.93B | 2.35B | 1.83B | 1.56B | 1.27B | 1.08B | 999.9M | 1.07B | 1.28B |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | - |
| Accumulated Depreciation | - | - | - | - | - | - | - | - | - |
Net Property Plant & Equipment | 5.31M | 5.6M | 4.13M | 4.2M | 4.38M | 4.78M | 5.41M | 6.32M | 7.15M |
| Investment & Advances | 243.17M | 198.54M | 182.5M | 154.37M | 211.72M | 173.26M | 187.7M | 119.46M | 109.4M |
| Other Non-Current Assets | 4.11M | 4.11M | 8.81M | 5.6M | 28.28M | 37.57M | 52.66M | 59.19M | 35.12M |
| Deferred Charges | 26.6M | 23.8M | 21.35M | 23.33M | 26.97M | 6.97M | - | 3.6M | 25.9M |
| Intangibles | - | - | - | - | - | - | - | - | - |
| Deposits & Other Assets | 13.62M | 15.46M | 11.58M | 20.08M | 11.95M | 10.56M | 10.17M | 43.47M | 23.33M |
Total Assets | 3.22B | 2.6B | 2.05B | 1.77B | 1.55B | 1.31B | 1.26B | 1.31B | 1.48B |
| Notes Payable | - | - | - | 2.06M | 1.96M | - | - | - | - |
| Accounts Payable | 2.76B | 2.29B | 1.78B | 1.53B | 1.36B | 1.12B | 1.08B | 1.16B | 1.26B |
| Current Portion Long-Term Debt | - | - | - | - | - | - | - | - | - |
| Current Portion Capital Leases | - | - | - | - | - | - | - | - | - |
| Accrued Expenses | 3.19M | 1.91M | 1.41M | - | - | 1.29M | 1.71M | 2.94M | 5.44M |
| Income Taxes Payable | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - |
Total Current Liabilities | 2.77B | 2.29B | 1.78B | 1.53B | 1.36B | 1.12B | 1.08B | 1.16B | 1.26B |
| Mortgages | - | - | - | - | - | - | - | - | - |
| Deferred Taxes/Income | - | - | - | - | - | - | - | - | - |
| Convertible Debt | - | - | - | - | - | - | - | - | - |
| Long-Term Debt | 125.35M | 26.63M | 20M | 20M | - | 25.99M | 25.99M | 48.99M | 58M |
| Non-Current Capital Leases | - | - | - | - | - | - | - | - | - |
| Other Long-Term Liabilities | 30.48M | 18.69M | 21.29M | 9.68M | 6.56M | 6.08M | 5.46M | 9.05M | 24.18M |
Total Liabilities | 2.92B | 2.33B | 1.82B | 1.56B | 1.37B | 1.15B | 1.11B | 1.22B | 1.35B |
| Minority Interest | - | - | - | - | - | - | - | - | - |
| Preferred Stock | - | - | - | - | - | - | - | - | - |
| Common Stock Net | 169.86M | 166.56M | 164.02M | 163.23M | 162.92M | 162.88M | 162.88M | 89.03M | 72M |
| Capital Surplus | 39.92M | 34.67M | 29.63M | 25.97M | 24.54M | 23.45M | 22.53M | 6.29M | 4.58M |
| Retained Earnings | 108.26M | 81.04M | 58.55M | 36.68M | 17.48M | -6.39M | -18.76M | 13.26M | 84.99M |
| Treasury Stock | 19.11M | 19.11M | 19.11M | 19.11M | 19.11M | 19.11M | 19.11M | 19.11M | 19.11M |
| Other Liabilities | -0.87M | - | 1.93M | - | 2M | -2.78M | -6.2M | -4.1M | -4.98M |
| Shareholders Equity | 298.06M | 264.14M | 235.02M | 206.91M | 187.83M | 158.04M | 141.33M | 85.37M | 137.49M |
| Total Liabilities & Shareholders Equity | 3.22B | 2.6B | 2.05B | 1.77B | 1.55B | 1.31B | 1.26B | 1.31B | 1.48B |
Most investors just check the Preferred Bank stock price, and Preferred Bank historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Preferred Bank PE ratio chart. Below is a brief explanation of common balance sheet terms:
- Assets: An asset is a resource that a corporation like Preferred Bank owns and has monetary significance. PFBC assets grew from $2.6B in 2015 to $3.22B in 2016. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
- Liabilities include short term loans and long term loans availed by the company to fund its business operations. PFBC stock had total liabilities of $2.92B for the year 2016.