Professional Holding is a bank holding company. Through its subsidiary, Professional Bank (the Bank), Co. provides commercial banking products and services. Co. conducts its banking operations from branch locations in the Miami-Fort Lauderdale-West Palm Beach or Miami-Dade metropolitan statistical area, which encompasses three counties in Florida: Miami-Dade, Broward, and Palm Beach. Co.'s deposit products include regular checking, savings and money market accounts, as well as IRAs and certificates of deposit. Lending products include commercial loans, residential mortgage loans, home equity lines of credit, installment loans and consumer lines of credit. The PFHD average annual return since 2020 is shown above.
The Average Annual Return on the PFHD average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PFHD average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PFHD average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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