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Preferred Bank

Banking · California, United States · 300 Employees

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About

Headquarters

601 S Figueroa St Fl 47, Los Angeles, Californi...

Phone Number

(213) 891-1188

Revenue

$285.2 Million

Stock Symbol

PFBC

Industry

Banking Finance

Most Recent Scoops

Oct 23 2024
Earnings
Oct 23 2024
Earnings
Preferred Bank has recently released 2024 Q3 report with the following insight: Drive continued loan growth while defending existing portfolio.
See all scoops

Who is Preferred Bank

Preferred Bank is a commercial bank headquartered in Los Angeles, California. Since 1991, it provides consumer banking services, commercial real estate loans, business loans, and treasury management. Preferred Bank is publicly traded under the name PFBC.Explore more
Preferred Bank's Social MediaPopular SearchesPREFERRED BANKPreferredbankPreferred Capital AdvisorsPreferred Legal Support LLCPreferred Bank branchSIC Code 60,602NAICS Code 52,522Ticker NASDAQ: PFBCShow more

Preferred Bank Org Chart

PhoneEmail
Wellington Chen

President & Chief Operating Officer

PhoneEmail
Edward Czajka

Executive VP & Chief Financial Officer

PhoneEmail

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Preferred Bank Employee Growth Rate

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Preferred Bank Tech Stack

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Most Recent Scoops

Oct 23 2024
Earnings
Operations
Oct 23 2024
Earnings
Banking, Financing & Debt
Oct 23 2024
Earnings
Preferred Bank has recently released 2024 Q3 report with the following insight: Drive continued loan growth while defending existing portfolio.
Financial Planning, Financing & Debt
Oct 23 2024
Earnings
Preferred Bank has recently released 2024 Q3 report with the following insight: Ongoing need to monitor credit quality in CRE portfolio as rates change.
Financial Planning
Oct 23 2024
Earnings
Preferred Bank has recently released 2024 Q3 report with the following insight: Bank starting to see benefits of previous rate hikes on fixed-rate portion of loan portfolio.
Financing & Debt
See more scoops

Preferred Bank News & Media

  • Preferred Bank Reports Third Quarter Results

    LOS ANGELES, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended September 30, 2024. Preferred Bank (“the Bank”) reported net income of $33.4 million or $2.46 per diluted share for the third quarter of 2024. This represents a slight decrease in net income of $209,000 from the prior quarter and down by $4.8 million from the same quarter last year.
  • Preferred Bank Announces 2024 Third Quarter Earnings Release and Conference Call

    LOS ANGELES, Oct. 15, 2024 (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 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.
  • 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.
  • Preferred Bank Announces Approval to Continue Share Repurchase Plan

    LOS ANGELES, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $72.5 million of its common stock over the latter half of 2023 and into 2024, however regulatory approval expired in July of 2024.
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Frequently Asked Questions Regarding Preferred Bank

Where is Preferred Bank located?
Preferred Bank's headquarters are located at 601 S Figueroa St Fl 47, Los Angeles, California, 90017, United States
What is Preferred Bank's phone number?
Preferred Bank's phone number is (213) 891-1188
What is Preferred Bank's stock symbol?
Preferred Bank's stock symbol is PFBC
What is Preferred Bank's official website?
Preferred Bank's official website is www.preferredbank.com
What is Preferred Bank's Revenue?
Preferred Bank's revenue is $285.2 Million
What is Preferred Bank's SIC code?
Preferred Bank's SIC: 60,602
What is Preferred Bank's NAICS code?
Preferred Bank's NAICS: 52,522
How many employees does Preferred Bank have?
Preferred Bank has 300 employees
What industry does Preferred Bank belong to?
Preferred Bank is in the industry of: Banking, Finance
What is Preferred Bank competition?
Preferred Bank top competitors include: Farmers & Merchants Bank, Jefferson Bank and Trust, Alliance Bank, Vantage Bank Texas
What companies has Preferred Bank acquired?
Preferred Bank has acquired the companies: unitedinternationalbank.com
What technology does Preferred Bank use?
Some of the popular technologies that Preferred Bank uses are: Google Universal Analytics, Plotly, ADP WorkForce Now, NumPy
Who is the CFO of Preferred Bank?
Preferred Bank's CFO is Edward Czajka
How do I contact Preferred Bank?
Preferred Bank contact info: Phone number: (213) 891-1188 Website: www.preferredbank.com
What does Preferred Bank do?

Preferred Bank is a commercial bank headquartered in Los Angeles, California. Since 1991, it provides consumer banking services, commercial real estate loans, business loans, and treasury management. Preferred Bank is publicly traded under the name PFBC.... Read More

What are Preferred Bank social media links?
Preferred Bank Linkedin page Preferred Bank Twitter page Preferred Bank Facebook page
Is Preferred Bank a public company?
Yes, Preferred Bank is a public company and is traded under the symbol PFBC
See more information about Preferred Bank

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