Preferred Bank reports news as an independent commercial bank serving commercial and consumer customers through deposit products, real estate finance, commercial loans and trade finance. The California-chartered bank operates from its Los Angeles main office with branch banking offices in California, New York and Texas, and a loan production office in Sunnyvale, California.
Recurring updates for PFBC include quarterly earnings, net interest income and margin trends, loan and deposit balances, provision and credit-quality developments, capital ratios, cash dividends and third-party credit ratings. Company announcements also address classified or nonaccrual loan relationships, OREO activity and the performance drivers of its commercial banking portfolio.
Preferred Bank (NASDAQ: PFBC) declared a quarterly cash dividend of $0.80 per share, payable April 21, 2026, to shareholders of record on April 7, 2026. The board approved the distribution to shareholders as a regular quarterly payout.
Preferred Bank (NASDAQ: PFBC) updated investors that a large borrower relationship has been reclassified to nonaccrual, covering $2.0 million of C&I loans and $115,604,510 of real estate loans.
The bank reports appraised collateral value of $219,300,000 (aggregate LTV 52.7%), has ordered a new appraisal, and expects no significant impact to 2026 earnings based on collateral valuations.
Preferred Bank (NASDAQ: PFBC) reported fourth-quarter 2025 net income of $34.8M or $2.79 per diluted share and full-year net income of $133.6M or $10.41 per diluted share. Return on average assets was 1.82% and return on average equity was 17.59%. Net interest margin contracted to 3.74% as market rates declined; net interest income before provision was $70.0M for the quarter. Total loans and deposits rose year-over-year to $6.05B and $6.35B, respectively. Provision for credit losses was $4.3M and allowance coverage was 1.30% of loans. The quarter included a $3.6M gain on sale of OREO and an efficiency ratio of 31.2%. A conference call and webcast were scheduled for January 22, 2026 at 2:00 p.m. ET.
Preferred Bank (NASDAQ: PFBC) will release fourth quarter and full-year 2025 financial results for the period ended December 31, 2025 before market open on Thursday, January 22, 2026. Management will host a conference call and simultaneous webcast on the same day at 2:00 p.m. Eastern / 11:00 a.m. Pacific to discuss results, business highlights and outlook.
Executives participating include Chairman and CEO Li Yu, President and COO Wellington Chen, CFO Edward J. Czajka, Chief Risk Officer Nick Pi, and Deputy COO Johnny Hsu. The live webcast and a replay will be available in the Investor Relations section of the company website through February 5, 2026, and telephone access is provided with domestic and international dial‑in numbers and a passcode for replay.
Preferred Bank (NASDAQ: PFBC) said its Board increased the annual cash dividend to $3.20 per share from $3.00, a 6.7% raise. The dividend is payable on January 20, 2026 to shareholders of record on January 6, 2026. This change updates the prior annual payout and sets the next payment timetable for PFBC shareholders.
Preferred Bank (NASDAQ: PFBC) reported record third-quarter 2025 results with net income of $35.9M and diluted EPS of $2.84. Return on average assets was 1.93% and return on average equity was 18.64%. Total loans rose $132.4M (2.3%) and total deposits rose $151.3M (2.5%) sequentially. Net interest income was $71.3M and net interest margin expanded to 3.92% from 3.85% last quarter but remained below last year’s 4.10%.
Noninterest income was $3.7M and noninterest expense was $21.5M, producing an efficiency ratio of 28.7%. Nonperforming loans fell to $17.6M after a foreclosure with the related OREO subsequently sold, and allowance coverage was 1.27% of loans. Tangible capital ratio was 10.38%.
Preferred Bank (NASDAQ: PFBC) will release third-quarter 2025 financial results for the period ended September 30, 2025 after market close on Monday, October 20, 2025. Management will host a conference call and live webcast on Tuesday, October 21, 2025 at 2:00 p.m. ET (11:00 a.m. PT) to discuss results, business highlights and outlook.
Dial-in access: 888-243-4451 (domestic) or 412-542-4135 (international), referencing “Preferred Bank.” A live webcast and replay will be available in the Investor Relations section at www.preferredbank.com. Executives on the call include Li Yu (Chairman & CEO), Wellington Chen (President & COO), Edward J. Czajka (CFO), Nick Pi (CRO) and Johnny Hsu (Deputy COO).
Telephone replay is available through November 4, 2025 at 877-344-7529 (domestic) or 412-317-0088 (international) using passcode 7582330.
Preferred Bank (NASDAQ: PFBC), a leading independent commercial bank in California, has announced a quarterly cash dividend of $0.75 per share. The dividend will be paid on October 21, 2025 to shareholders of record as of October 7, 2025.
Preferred Bank (NASDAQ: PFBC) reported Q2 2025 net income of $32.8 million or $2.52 per diluted share, representing a $2.8 million increase from Q1 2025 but a slight decrease of $745,000 year-over-year. The Bank's performance showed notable improvements with net interest margin rising to 3.85% from 3.75% in Q1.
Key metrics include total loans increasing by $105.2 million (1.9%) quarter-over-quarter, while credit quality improved with non-accrual loans decreasing to $51.2 million from $78.9 million in Q1. The Bank maintained strong capital ratios with a total capital ratio of 14.43% and achieved an efficiency ratio of 31.79%.
Notable developments include a $200 million FHLB borrowing invested in U.S. Treasuries and a $1.3 million write-down of the Bank's Santa Barbara OREO property.
Preferred Bank (NASDAQ: PFBC), a prominent independent commercial bank in California, has scheduled its Q2 2025 earnings release for July 21, 2025, before market open. The company will host a conference call the same day at 2:00 p.m. Eastern Time.
Key executives, including CEO Li Yu, President Wellington Chen, CFO Edward J. Czajka, CCO Nick Pi, and Deputy COO Johnny Hsu, will discuss financial results and business highlights. Investors can access the call via phone or webcast through the bank's website.