reports
Preferred Bank Announces 2024 Third Quarter Earnings Release and Confe...
Preferred Bank Announces 2024 Third Quarter Earnings Release and Conference Call LOS ANGELES, Oct. 15, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the third quarter ended September 30, 2024 before the open of market on Monday, October 21, 2024. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conference call b...
Preferred Bank Announces Quarterly Cash Dividend
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on October 21, 2024 to holders of record on October 7, 2024. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corp...
Preferred Bank (Los Angeles, CA): 2 directors
Two Directors at Preferred Bank (Los Angeles, CA) sold 11,000 shares at between 87.500USD and 88.010USD. The significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's di...
Preferred Bank Reports Quarterly Results
Preferred Bank Reports Quarterly Results LOS ANGELES, July 25, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2024. Preferred Bank (“the Bank”) reported net income of $33.6 million or $2.48 per diluted share for the second quarter of 2024. This represents a slight increase in net income of $126,000 over the prior quarter but down by $4.3 million from the same quarter last year. The decrease in net income from the prior year was due to lower net interest income because of rising d...
Preferred Bank Announces 2024 Second Quarter Earnings Release and Conf...
Preferred Bank Announces 2024 Second Quarter Earnings Release and Conference Call LOS ANGELES, July 10, 2024 (GLOBE NEWSWIRE) -- (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, 2024 after the close of market on Thursday, July 25, 2024. On the following day, Friday, July 26, 2024, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may acce...
Preferred Bank Announces Quarterly Cash Dividend
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, June 20, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on July 19, 2024 to holders of record on July 5, 2024. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation...
Preferred Bank Reports Quarterly Results
Preferred Bank Reports Quarterly Results LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2024. Preferred Bank (“the Bank”) reported net income of $33.5 million or $2.44 per diluted share for the first quarter of 2024. This represents a decrease in net income of $2.4 million or 6.6% from the prior quarter and down by $4.6 million from the same quarter last year. Despite the decrease in net income, Preferred Bank continues to deliver top-of-class profitabili...
Preferred Bank Announces 2024 First Quarter Earnings Release and Confe...
Preferred Bank Announces 2024 First Quarter Earnings Release and Conference Call LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- (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, 2024 before the open of market on Tuesday, April 23, 2024. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conference call by dial...
CORRECTION – Preferred Bank Announces Quarterly Cash Dividend
CORRECTION – Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline today by Preferred Bank, (NASDAQ: PFBC), please note that in the first paragraph, the dividend payable date should read April 19, 2024, and the record date should read April 5, 2024. The corrected release follows: Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on April 19, 2024 to h...
Preferred Bank Announces Quarterly Cash Dividend
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on April 5, 2024 to holders of record on April 19, 2024. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporat...
Preferred Bank Reports Quarterly and Annual Results
Preferred Bank Reports Quarterly and Annual Results LOS ANGELES, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2023. Preferred Bank (“the Bank”) reported net income of $35.8 million or $2.60 per diluted share for the fourth quarter of 2023. This represents a decrease in net income of $3.7 million or 9.4% from the same quarter last year and down from the third quarter of 2023 as well. The primary driver of the decrease compared to both periods was net interest income...
Preferred Bank Announces Continuation of Share Repurchase Plan
Preferred Bank Announces Continuation of Share Repurchase Plan LOS ANGELES, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Board of Directors has approved the repurchase of another $50 million of the Bank’s common stock. The shares will be purchased in the open market. Recall that at the Annual Shareholder’s Meeting on May 16, 2023, the Bank’s shareholders approved a stock repurchase plan which calls for the repurchase of up to a total of $150 million of the Bank’s common stock. On June 12, 2023, the...
Preferred Bank Announces 2023 Fourth Quarter Earnings Release and Conf...
Preferred Bank Announces 2023 Fourth Quarter Earnings Release and Conference Call LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended December 31, 2023 after the close of market on Wednesday, January 24, 2024. On the following day, Thursday, January 25, 2024, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and inv...
Preferred Bank Announces Increased Cash Dividend
Preferred Bank Announces Increased Cash Dividend LOS ANGELES, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today reported that the Board of Directors has increased the quarterly cash dividend to $0.70 per share from the previous level of $0.55 per share, an increase of 27.3%. The dividend is payable on January 22, 2024 to holders of record on January 8, 2024. Chairman and CEO Li Yu commented, “We’re extremely pleased to announce this increase in the cash dividend as it is a direct reflection of the stron...
Preferred Bank Reports Quarterly Earnings
Preferred Bank Reports Quarterly Earnings LOS ANGELES, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended September 30, 2023. Preferred Bank (“the Bank”) reported net income of $38.2 million or $2.71 per diluted share for the third quarter of 2023. This represents an increase in net income of $3.0 million or 8.5% over the same quarter last year and up slightly compared to the second quarter of 2023. The primary driver of the increase over the prior year quarter was net interest incom...
Preferred Bank Announces 2023 Third Quarter Earnings Release and Confe...
Preferred Bank Announces 2023 Third Quarter Earnings Release and Conference Call LOS ANGELES, Oct. 06, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the third quarter ended September 30, 2023 after the close of market on Tuesday, October 17, 2023. On the following day, Wednesday, October 18, 2023, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investo...
Preferred Bank Announces Quarterly Cash Dividend
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on October 20, 2023 to holders of record on October 6, 2023. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Cor...
Preferred Bank Reports Quarterly Earnings
Preferred Bank Reports Quarterly Earnings LOS ANGELES, July 19, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2023. Preferred Bank (“the Bank”) reported net income of $37.9 million or $2.61 per diluted share for the second quarter of 2023. This represents an increase in net income of $9.9 million or 35.2% over the same quarter last year and nearly flat compared to the first quarter of 2023. The primary driver of the increase over the prior year quarter was net interest income wh...
Preferred Bank Announces 2023 Second Quarter Earnings Release and Conf...
Preferred Bank Announces 2023 Second Quarter Earnings Release and Conference Call LOS ANGELES, July 06, 2023 (GLOBE NEWSWIRE) -- (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 19, 2023. On the following day, Thursday, July 20, 2023, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may ...
Preferred Bank Announces Quarterly Cash Dividend
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, June 21, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on July 21, 2023 to holders of record on July 7, 2023. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporatio...
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