Preferred Bank logo PFBC - Preferred Bank

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| PRICE TARGET: $110.00 DETAILS
HIGH: $110.00
LOW: $110.00
MEDIAN: $110.00
CONSENSUS: $110.00
UPSIDE: 6.26%

Stock News

Preferred Bank Reports Second Quarter Results

Preferred Bank Reports Second Quarter Results

LOS ANGELES, July 22, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2026. Preferred Bank (“the Bank”) reported net income of $33.5 million or $2.78 per diluted share for the second quarter of 2026. This represents an increase in net income of $2.4 million from the prior quarter and an increase of $693,000 over the same quarter last year. The increase compared to the prior quarter was due to an increase in net interest income of $4.7 million partially offset by an $827,000 decrease in noninterest income and a small increase in noninterest expense of $176,000. The difference compared to the same quarter last year was again due to net interest income which increased by $3.1 million partially offset by a small decrease in noninterest income of $279,000 and an increase in noninterest expense of $1.3 million.

Jul 22, 2026 04:00 AM globenewswire.com
Preferred Bank Announces 2026 Second Quarter Earnings Release and Conference Call

Preferred Bank Announces 2026 Second Quarter Earnings Release and Conference Call

LOS ANGELES, July 09, 2026 (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 second quarter ended June 30, 2026 before the open of market on Wednesday, July 22, 2026. 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.

Jul 09, 2026 09:30 AM globenewswire.com
Preferred Bank Announces Recovery Settlement

Preferred Bank Announces Recovery Settlement

LOS ANGELES, May 20, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, announced today that it has entered into a settlement agreement on a commercial & industrial loan with the borrower. The agreement calls for the Bank to receive a total of $5.7 million over an eleven month period on a loan previously charged off. The charge-off of the loan was recorded in the second quarter of 2024.

May 20, 2026 04:00 AM globenewswire.com
KBRA Affirms Ratings for Preferred Bank

KBRA Affirms Ratings for Preferred Bank

LOS ANGELES, April 20, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, announced today that Kroll Bond Rating Agency, LLC ("KBRA") affirmed the Bank's deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2. The outlook of the long-term ratings for the Bank is Stable as of April 17, 2026.

Apr 20, 2026 12:05 PM globenewswire.com

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