Preferred Bank Announces Quarterly Dividend
Preferred Bank’s board approved a $0.80 quarterly cash dividend with an October 2026 record and payment schedule.
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 (PFBC)/b) declared a quarterly cash dividend of $0.80 per share, payable on October 19, 2026 to shareholders of record on October 5, 2026.The California‑headquartered commercial bank serves business and consumer clients through its main Los Angeles office, thirteen branches in California, two in New York and one in Sugar Land, Texas.
Positive
- Quarterly dividend declared at $0.80 per share, payable October 19, 2026
Negative
- None.
Details
News Market Reaction – PFBC
On Sep 17, the first trading day after this news, PFBC closed 0.31% below the previous close.
Data tracked by StockTitan Argus for the Sep 17 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, Sept. 16, 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
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 thirteen 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)), Cupertino, two branches in New York (Manhattan and Flushing, Queens) and a branch office in the Houston, Texas suburb of Sugar Land. 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: | AT FINANCIAL PROFILES: |
| Edward J. Czajka | Jeffrey Haas |
| Executive Vice President | General Information |
| Chief Financial Officer | (310) 622-8221 |
| (213) 891-1188 | PFBC@finprofiles.com |
