PFBC News and Press, Preferred Bank From 06/01/22

Preferred Bank has been able to consistently put in a strong performance. The dividend yield is just 2.5%, but the payout ratio is less than 25%. 23% of the balance sheet consists of very liquid assets: cash and securities. The loan book looks strong with just a handful of loa...

LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , one of the larger independent commercial banks in California, today announced that Ms. Shirley Wang, Director has tendered her resignation from the Bank’s Board of Directors. Ms. Wang’s departure...

Preferred Bank (PFBC) Q1 2022 Results Earnings Conference Call April 20, 2022, 02:00 PM ET Company Participants Larry Clark - Investor Relations, Financial Profiles, Inc. Li Yu - Chairman and Chief Executive Officer Edward Czajka - Executive Vice President and Chief Financial Officer Nick Pi ...

Preferred Bank press release (NASDAQ:PFBC): Q1 GAAP EPS of $1.74 beats by $0.05. Revenue of $52.29M (+12.0% Y/Y) beats by $1.04M. For further details see: Preferred Bank GAAP EPS of $1.74 beats by $0.05, revenue of $52.29M beats by $1.04M

LOS ANGELES, April 05, 2022 (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, 2022 after the close of market on Tuesday, A...

Preferred Bank (NASDAQ:PFBC) declares $0.43/share quarterly dividend, in line with previous. Forward yield 2.21% Payable April 21; for shareholders of record April 7; ex-div April 6. See PFBC Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Preferred Bank...

Jane's retirement accounts generated a total of $2,258.71 of dividend income for January 2022 vs. $2,267.28 of dividend income for January 2021. Jane's Traditional IRA had a balance of $435.8K as of January 31, 2022, vs. $349.5K on January 31, 2021. The estimated annualized dividend y...

LA-based ethnic Chinese oriented bank. Real estate focused lender with strong credit quality. Highly efficient operator as top 1% in terms of efficiency ratio. For further details see: Preferred Bank: A Growing, Efficient Operator

Preferred's low-cost operating model and strong underwriting have continued to serve investors well, including better-than-expected core earnings in Q4'21. Loan demand is picking up and Preferred remains highly rate-sensitive, though it will take multiple rate hikes to really leverage...

LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC) , one of the larger independent California banks, today reported results for the quarter and year ended December 31, 2021. Preferred Bank (“the Bank”) reported net income of $26.4 million or $1.80...