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Preferred Bank (NASDAQ: PFBC) — Company Overview, News & Financial Data

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Company profile

Preferred Bank

Preferred Bank (NASDAQ:PFBC) offers a variety of banking services focusing on commercial accounts, including real estate and international trade finance, along with other deposit and lending services. Targeting primarily professionals, small to mid-sized businesses, and entrepreneurs, Preferred Bank combines personalized service with technology-driven solutions to meet the diverse needs of its clients. From its headquarters in Los Angeles, California, the bank operates through a network of branches, aiming to expand its presence and services to support the regional economy's growth. With a keen eye on sustainable business practices and community development, Preferred Bank’s objectives include enhancing shareholder value, fostering long-term client relationships, and contributing positively to the communities it serves.

Snapshot

Public USOwnership
1991Year founded
237Employees
California, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Preferred Bank

  • Commercial Lending services offering diverse financial solutions to businesses.
  • Treasury Management to optimize clients' cash flow and liquidity.
  • Personal Banking services including checking, savings, and loan products.
  • International Banking with foreign exchange and trade finance services.
  • Online and Mobile Banking for convenient account access and management.
  • Real Estate Financing providing custom solutions for purchasing and refinancing.

Preferred Bank executive team

  • Mr. Li YuChairman, CEO & Corporate Secretary
  • Mr. Wellington ChenPresident & COO
  • Mr. Edward J. CzajkaExecutive VP & CFO
  • Mr. Nick PiExecutive VP & Chief Risk Officer
  • Mr. Johnny HsuExecutive VP & Deputy COO
  • Mr. Robert J. KosofExecutive Vice President of Commercial Lending
  • Ms. Sandy HoExecutive VP & Regional Manager
  • Ms. Stella ChenSenior Vice President
  • Erika ChiExecutive Vice President
  • Mr. Ted HsuExecutive Vice President