Preferred Bank (NASDAQ: PFBC) — Company Overview, News & Financial Data
Preferred Bank offers various banking services for commercial accounts, focusing on personalized service and technology-driven solutions.
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
Operations
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
- Li YuChairman, CEO & Corporate Secretary
- Wellington ChenPresident & COO
- Edward J. CzajkaExecutive VP & CFO
- Nick PiExecutive VP & Chief Risk Officer
- Johnny HsuExecutive VP & Deputy COO
- Stella ChenSenior Vice President
- Robert J. KosofExecutive Vice President of Commercial Lending
- Sandy HoExecutive VP & Regional Manager
- Erika ChiExecutive Vice President
- Ted HsuExecutive Vice President
Latest news about Preferred Bank
Dividend history
Dividends per share paid by Preferred Bank, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $3.2000 |
| FY2025 | — | — | — | $3.0000 |
| FY2024 | — | — | — | $2.8000 |
| FY2023 | — | — | — | $2.2000 |
| FY2022 | — | — | — | $1.7200 |
Key financials
Reported results for Preferred Bank, in USD.
- Market cap
- 1.3B
- Revenue (TTM)
- 283.9M
- P/E ratio
- 10.0
- EPS (diluted, TTM)
- 10.7
- Dividend yield
- 3.0%
- Profit margin
- 46.7%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 499M | 189.5M | 133.6M | |
| 520.4M | 184M | 130.7M | |
| 481.8M | 210.6M | 150M | |
| 301.4M | 179.2M | 128.8M |