Headquartered in Coral Gables, Fla., Professional Bank is one of South Florida’s fastest-growing community banks. A subsidiary of financial holding company Professional Holding Corp. (NASDAQ: PFHD), Professional Bank specializes in construction, residential and commercial real estate financing as well as business loans and lines of credit, including SBA financing. Known for high-touch customized concierge services, the bank serves the needs of its customers through a full offering of deposit products, cash management services, online and mobile banking.
Founded in 2008, Professional Bank operates full-service branches and loan production offices in Miami-Dade, Broward and Palm Beach counties.
Company profile
Ticker
PFHD
Exchange
Website
CEO
Daniel R. Sheehan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
465144312
PFHD stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
10 Feb 23
25-NSE
Exchange delisting
31 Jan 23
8-K
Professional Holding Corp. Reports Fourth Quarter and Full Year 2022 Results
27 Jan 23
8-K
Departure of Directors or Certain Officers
28 Dec 22
8-K
Submission of Matters to a Vote of Security Holders
20 Dec 22
8-K
Other Events
9 Dec 22
DEFM14A
Proxy related to merger
14 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Departure of Directors or Certain Officers
28 Oct 22
8-K
Professional Holding Corp. Reports Third Quarter 2022 Results
28 Oct 22
Latest ownership filings
SC 13G/A
ENDEAVOUR CAPITAL ADVISORS INC
14 Feb 23
SC 13G/A
FMR LLC
9 Feb 23
SC 13G
BlackRock Inc.
3 Feb 23
4
NORMAN S EDELCUP
30 Dec 22
4
Margaret Blakey
30 Dec 22
4
Carlos M. Garcia
30 Dec 22
4
HERBERT R MARTENS JR
30 Dec 22
4
Joseph Timothy Willett
30 Dec 22
4
JON L GORNEY
30 Dec 22
4
Ava L Parker
30 Dec 22
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 173.27 mm | 173.27 mm | 173.27 mm | 173.27 mm | 173.27 mm | 173.27 mm |
Cash burn (monthly) | 64.94 mm | 47.57 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.17 bn | 855.53 mm | n/a | n/a | n/a | n/a |
Cash remaining | -994.54 mm | -682.27 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -15.3 | -14.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 84 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 22 | Hillel Shohet | Class A Common | Grant | Acquire A | No | No | 0 | 3,848 | 0.00 | 114,244 |
20 Dec 22 | Schimmel Lawrence | Class A Common | Grant | Acquire A | No | No | 0 | 3,848 | 0.00 | 43,831 |
20 Dec 22 | Gorney Jon L | Class A Common | Grant | Acquire A | No | No | 0 | 4,000 | 0.00 | 23,287 |
20 Dec 22 | Ava L Parker | Class A Common | Grant | Acquire A | No | No | 0 | 3,848 | 0.00 | 8,722 |
20 Dec 22 | Carlos M. Garcia | Class A Common | Grant | Acquire A | No | No | 0 | 3,848 | 0.00 | 15,380 |