PFBC - Preferred Bank
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.
Preferred Bank (PFBC) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Preferred Bank (PFBC) came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.23 per share a year ago.
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.
Preferred Bank (PFBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Preferred Bank receives a reaffirmed soft "Buy" rating, though recent net interest margin declines temper enthusiasm. PFBC's net interest margin fell to 3.74%, with loan yields dropping as adjustable-rate loans reprice lower amid declining rates. Asset quality remains robust, with return on assets at 1.82% and return on equity at 17.59%, both above peer averages.
LOS ANGELES, April 08, 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 first quarter ended March 31, 2026 before the open of market on Wednesday, April 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.
LOS ANGELES, March 18, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.80 per share, payable on April 21, 2026 to holders of record on April 7, 2026.
Preferred Brands adds a dedicated national sales platform supporting market development and brand representation across on-premise and off-premise channels WASHINGTON, D.C. / ACCESS Newswire / March 18, 2026 / Seto Holdings, Inc , a publicly traded (OTCID:SETO), vertically integrated total beverage platform, operating at the intersection of consumer packaged goods, sales, marketing, and technology, today announced that it has entered into an agreement to acquire a controlling interest in Preferred Brands USA, Inc ( "Preferred Brands"), a premier, beverage sales and brand management agency focused on the spirits and functional beverage sectors.
LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.
LSV Asset Management lowered its stake in shares of Preferred Bank (NASDAQ: PFBC) by 93.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,700 shares of the bank's stock after selling 49,840 shares during the period. LSV Asset
New York State Common Retirement Fund grew its stake in shares of Preferred Bank (NASDAQ: PFBC) by 36.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 31,322 shares of the bank's stock after buying an additional 8,300 shares during the period. New York State Common
AlphaQuest LLC trimmed its holdings in Preferred Bank (NASDAQ: PFBC) by 45.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,290 shares of the bank's stock after selling 11,097 shares during the quarter. AlphaQuest LLC owned about 0.09% of Preferred Bank
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?
Preferred Bank (PFBC) Q4 2025 Earnings Call Transcript
The headline numbers for Preferred Bank (PFBC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Preferred Bank (PFBC) came out with quarterly earnings of $2.79 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $2.25 per share a year ago.
LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of 2024 related to a correction in the adoption of ASC 842, Lease Accounting. The decrease in net income from the prior quarter was due to an increase in the provision for credit losses of $1.8 million and a decrease in net interest income of $1.3 million. The primary reason for the decrease in net interest income was due to the decline in market interest rates. The Bank sold two large OREO properties during the quarter resulting in a gain of $3.6 million, recorded in noninterest income and total OREO expense was $3.5 million for the fourth quarter of 2025.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Preferred Bank (PFBC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.