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Preferred Bank - $PFBC STOCK NEWS

Welcome to our dedicated page for Preferred Bank news (Ticker: $PFBC), a resource for investors and traders seeking the latest updates and insights on Preferred Bank stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Preferred Bank's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Preferred Bank's position in the market.

Rhea-AI Summary
Preferred Bank declares quarterly cash dividend of $0.55 per share
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End-of-Day
0.1%
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dividends
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Rhea-AI Summary
Preferred Bank reports net income of $37.9 million for Q2 2023, representing a 35.2% increase over the same quarter last year. Deposit growth of $181 million and loan growth of $61 million. Return on average assets was 2.32% and return on beginning equity was 23.18%. Efficiency ratio was 27.3%. Total assets were $6.67 billion, an increase of $243 million from the previous quarter.
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End-of-Day
0.92%
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Rhea-AI Summary
Preferred Bank (NASDAQ: PFBC) plans to release its financial results for the second quarter ended June 30, 2023 on July 19, 2023. A conference call will be held on July 20, 2023, where management will discuss the financial results, business highlights, and outlook. Interested participants and investors can access the call through dial-in or a live webcast on the company's website. A replay of the call will also be available.
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End-of-Day
4.15%
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Rhea-AI Summary
Preferred Bank declares quarterly cash dividend of $0.55 per share.
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End-of-Day
-2.61%
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dividends
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News
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-3.35%
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4%
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-2.23%
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0.47%
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dividends
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Rhea-AI Sentiment
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-2.09%
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Preferred Bank

Nasdaq:PFBC

PFBC Rankings

PFBC Stock Data

1.07B
12.58M
8%
79.82%
7.46%
Commercial Banking
Finance and Insurance
Link
United States of America
Los Angeles

About PFBC

preferred bank is one of the larger independent commercial banks in california with a niche in the chinese-american market. the bank is chartered by the state of california, and its deposits are insured by the federal deposit insurance corporation, or fdic, to the maximum extent permitted by law. we conduct our banking business from our main office in los angeles, california, and through ten full-service branch banking offices in alhambra, century city, city of industry, torrance, arcadia, irvine, diamond bar, anaheim, pico rivera and san francisco, california. we offer a broad range of deposit and loan products and services to both commercial and consumer customers. these consist of customized deposit services and an integrated cash management program as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. although originally founded as a chinese-american