PFBC News and Press, Preferred Bank From 07/06/23

LOS ANGELES, July 06, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , one of the larger independent commercial banks in California, today announced plans to release its financial results for the second quarter ended June 30, 2023 after the close of market on Wednesday, July 1...

2023-06-12 08:45:41 ET Preferred Bank ( NASDAQ: PFBC ) has announced that it had received all the required approvals to begin its stock repurchase plan. At the annual shareholder’s meeting, the Bank’s shareholders approved a stock repurchase plan which calls for ...

LOS ANGELES, May 31, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , (“the Bank”), one of the larger independent banks headquartered in California, is pleased to announce the opening of its newest branch office in the Houston suburb of Sugar Land, Texas. This branch ope...

2023-04-19 18:50:04 ET Preferred Bank (PFBC) Q1 2023 Earnings Conference Call April 19, 2023, 14:00 ET Company Participants Larry Clark - Financial Profiles Li Yu - Chairman, CEO & Corporate Secretary Edward Czajka - EVP & CFO Nick Pi - EVP & Chie...

2023-04-18 16:26:02 ET Preferred Bank press release ( NASDAQ: PFBC ): Q1 GAAP EPS of $2.61 beats by $0.05 . Revenue of $75.65M (+44.7% Y/Y) beats by $0.81M . Total gross loans at March 31, 2023 were $5.06 billion, a decrease of $17.1 million from the total of...

LOS ANGELES, April 11, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , one of the larger independent commercial banks in California, today announced plans to release its financial results for the first quarter ended March 31, 2023 after the close of market on Tuesday, April 1...

2023-03-27 16:04:33 ET Preferred Bank ( NASDAQ: PFBC ) declares $0.55/share quarterly dividend , in line with previous. Forward yield 3.95% Payable April 21; for shareholders of record April 7; ex-div April 6. See PFBC Dividend Scorecard, Yield Chart, & D...

2023-03-10 17:40:16 ET Preferred Bank ( NASDAQ: PFBC ) on Friday provided an update on its financial information in light of recent industry events, saying it has no exposure to venture capital or cryptocurrency. The company's total deposits grew to $5.62B as of M...

LOS ANGELES, March 10, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , (“the Bank”), an independent commercial bank, updates the following (unaudited) financial information in light of the recent industry events. As of March 9, 2023: Total deposits have grown ...

Summary Preferred posted strong net interest income growth in the fourth quarter, but higher operating expenses took a bite and deposit costs are rising rapidly. With Preferred seeing significant outflows of no-cost deposits, it's possible that the bank is at or near a peak for net inte...