Preferred Bank Announces Dividend Increase
Preferred Bank (NASDAQ: PFBC) said its Board increased the annual cash dividend to $3.20 per share from $3.00, a 6.7% raise.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
Positive
- Annual dividend increased to $3.20 per share
- Dividend rise equals a 6.7% increase from prior rate
- Payable on January 20, 2026 to record holders on January 6, 2026
Negative
- Raise is a single-digit 6.7%, modest for some income investors
Details
News Market Reaction – PFBC
On Dec 12, the first trading day after this news, PFBC closed 2.31% above the previous close.
Data tracked by StockTitan Argus for the Dec 12 session.
Key Figures
- New annual dividend
- $3.20 per share
- Annual cash dividend after increase announced Dec 11, 2025
- Prior annual dividend
- $3.00 per share
- Annual cash dividend level before increase
- Dividend increase
- 6.7%
- Increase in annual dividend per share
- Dividend pay date
- Jan 20, 2026
- Payment date for increased dividend
- Record date
- Jan 6, 2026
- Shareholders of record eligible for dividend
- Q3 2025 net income
- $35.9M
- Record third-quarter 2025 results
- Q3 2025 diluted EPS
- $2.84
- Earnings per share for Q3 2025
- Q3 2025 ROE
- 18.64%
- Return on average equity in Q3 2025
Historical Context
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Record Q3 results with strong profitability and loan and deposit growth.
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Announcement of Q3 2025 results release date and conference call details.
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Quarterly cash dividend of $0.75 per share with defined record and pay dates.
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Q2 2025 net income of $32.8M and higher net interest margin.
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Scheduling of Q2 2025 earnings release and investor conference call.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today reported that the Board of Directors has increased the annual cash dividend to
About Preferred Bank
Preferred Bank is one of the larger independent commercial banks headquartered in California. 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. The Bank conducts its banking business from its main office in Los Angeles, California, and through twelve full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine (2), Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)), two branches in New York (Manhattan and Flushing, Queens) and a branch office in the Houston, Texas suburb of Sugar Land. In addition, the Bank also operates a loan production office in Sunnyvale, California. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services 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 Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.
| AT THE COMPANY: Edward J. Czajka Executive Vice President Chief Financial Officer (213) 891-1188 | AT FINANCIAL PROFILES: Jeffrey Haas General Information (310) 622-8240 PFBC@finprofiles.com |
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