BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
PFBC
Preferred Bank
PFBC has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
PFBC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
PFBC's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PFBC.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
PFBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $76.02 | -27% |
| Fair | 9.2x | $101 | -2.4% |
| Forward | 9.2x | $103 | — |
| Current | 9.5x | $103 | — |
| Expensive | 12x | $131 | +26% |
Historical ranges are pointers, not guarantees.
PFBC has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
PFBC Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PFBC, with profitability improving.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK has the edge over PFBC on earnings, with more consistent year-over-year improvement.
PFBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.25 | +2.9% |
| Q2 2026 | $10.94 | +15% |
| Q1 2026 | $10.73 | +14% |
| Q4 2025 | $10.43 | +8.3% |
| Q3 2025 | $9.89 | -0.9% |
| Q2 2025 | $9.51 | -7% |
| Q1 2025 | $9.42 | -9.1% |
| Q4 2024 | $9.63 | -8.5% |
| Q3 2024 | $9.98 | -6.2% |
PFBC earned $10.94 per share over the past year, up 15% from the year before.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over PFBC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
PFBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $125.7M | +1.2% |
| Q1 2026 | $120.8M | +1.9% |
| Q4 2025 | $129.3M | +1.6% |
| Q3 2025 | $130.5M | -1.8% |
| Q2 2025 | $124.2M | -5% |
| Q1 2025 | $118.5M | -8.5% |
| Q4 2024 | $127.3M | +2.9% |
| Q3 2024 | $132.9M | +3.4% |
PFBC's revenue grew through 2023 and has held roughly level since: $126M last quarter, up 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 39% | +1.1 points |
| Q1 2026 | 37% | +1 points |
| Q4 2025 | 38% | +4.8 points |
| Q3 2025 | 39% | +3.7 points |
| Q2 2025 | 38% | +1.3 points |
| Q1 2025 | 36% | -0.5 points |
| Q4 2024 | 33% | -7.1 points |
| Q3 2024 | 35% | -6.2 points |
PFBC has the edge over BLK on profitability, with a higher operating margin.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
PFBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $26.6M | +4.3% |
| Q1 2026 | $44.3M | 0% |
| Q4 2025 | $86.2M | +116% |
| Q3 2025 | $10.8M | -81% |
| Q2 2025 | $25.5M | -0.8% |
| Q1 2025 | $44.3M | +4.7% |
| Q4 2024 | $39.8M | +$41M |
| Q3 2024 | $55.8M | -5.4% |
PFBC's free cash flow was $168M over the past year, up 1.5% from the year before. Free cash flow isn't a meaningful measure for financial services companies like PFBC.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has 165M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
PFBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2% | -243K shares |
| 1 year | -7.6% | -990K shares |
| 3 years | -17% | -2.5M shares |
| 5 years | -19% | -2.9M shares |
| Available history | -20% | -3M shares |
PFBC has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $101,000 |
| Q1 2026 | $41.4M |
| Q4 2025 | $16.3M |
| Q3 2025 | $6.4M |
| Q2 2025 | $57.2M |
| Q1 2025 | $13.2M |
| Q4 2024 | $6.5M |
| Q3 2024 | $5.4M |
PFBC spent $64M buying back its own shares over the past year, down 22% from the year before.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
PFBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.2x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -4.0x | Net Cash |
| Q4 2024 | -3.2x | Net Cash |
| Q3 2024 | -3.1x | Net Cash |
PFBC has the edge over BLK on leverage, with a lower net debt burden relative to earnings.
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
PFBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 33.4 | Neutral |
PFBC's weekly RSI is 52 (neutral) and its Stochastic is 33 (neutral).
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
PFBC PE vs Financial Services Sector
| Metric | PFBC | Sector median | Relative |
|---|---|---|---|
| PE | 9.5x | 13x | 27% below |
| PE % | 52 | 63 | 11 pts below |
PFBC has the edge over BLK on valuation relative to its sector.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over PFBC on trend strength, trading above more of its moving averages.
PFBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $105.2 | 1.7% below |
| 20 week MA | $105.2 | 1.6% below |
| 50 week MA | $98.4 | 5.1% above |
| 100 week MA | $93.0 | 11% above |
| 200 week MA | $81.5 | 27% above |
PFBC has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 27% above its 200-week average.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over PFBC on returns for 2026, with the stronger performance.
PFBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $59.8 | $48.6 | -19% |
| 2021 | $48.6 | $69.7 | +43% |
| 2022 | $69.7 | $75.0 | +7.7% |
| 2023 | $75.0 | $73.1 | -2.7% |
| 2024 | $73.1 | $86.7 | +19% |
| 2025 | $86.7 | $99.0 | +14% |
| 2026 YTD | $99.0 | $103.5 | +4.5% |
PFBC has finished higher in four of the last six years. It's up 4.5% so far in 2026.