Preferred Bank Announces Quarterly Dividend
Preferred Bank (NASDAQ: PFBC) announced its Board has declared a quarterly cash dividend of $0.80 per share.
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) announced its Board has declared a quarterly cash dividend of $0.80 per share.
The dividend is payable on July 21, 2026 to shareholders of record as of July 7, 2026, offering ongoing income to investors.
Positive
- Quarterly cash dividend of $0.80 per share declared
- Clear dividend timeline with July 7 record date and July 21 payment date
- Ongoing cash returns to shareholders through regular dividends
Negative
- None.
Details
News Market Reaction – PFBC
On Jun 18, the first trading day after this news, PFBC closed 0.66% above the previous close.
Data tracked by StockTitan Argus for the Jun 18 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOS ANGELES, June 17, 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 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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