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Preferred Bank
2 own
17 watching
Current Price
$72.95
$1.49
(2.09%)
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Market Capitalization
Market Capitalization
1,091.49M
52-Week High
52-Week High
81.97
52-Week Low
52-Week Low
64.1
Average Volume
Average Volume
0.04M
Dividend Yield
Dividend Yield
0.02044
P/E Ratio
P/E Ratio
10.69
iconMarket Capitalization1,091.49M
icon52-Week High81.97
icon52-Week Low64.1
iconAverage Volume0.04M
iconDividend Yield0.02044
iconP/E Ratio10.69
What does the Preferred Bank do?
Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company's deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposit; and individual retirement accounts and non-retail certificates of deposit. It also provides real estate mini-perm loans that are secured by retail, industrial, office, special purpose, residential, and residential multi-family properties; real estate construction loans; commercial loan products comprising lines of credit for working capital and term loans for capital expenditures; and trade finance products, such as commercial and standby letters of credit, acceptance financing, documentary collections, foreign draft collections, international wires, and foreign exchange for importers and exporters. In addition, the company offers various high-wealth banking services to wealthy individuals residing in the Pacific Rim area with residences, real estate investments, or businesses in Southern California. Further, it provides various banking services to physicians, accountants, attorneys, business managers, and other professionals; and a range of deposit products and related services, such as safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. As of December 31, 2016, the company had 12 full-service branch offices in Alhambra, Arcadia, Century City, City of Industry, Diamond Bar, Los Angeles, Pico Rivera, San Francisco, Tarzana, Torrance, Anaheim, and Irvine, California, as well as Flushing, New York. Preferred Bank was founded in 1991 and is headquartered in Los Angeles, California.
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News & Events about Preferred Bank.
Globe Newswire
6 months ago
LOS ANGELES, July 13, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the second quarter ended June 30, 2022 after the close of market on Wednesday, July 20, 2022. On the ...
Globe Newswire
8 months ago
LOS ANGELES, June 07, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (the Bank), an independent commercial bank, today announced that it had received all the required approvals to continue its stock repurchase plan. In May of 2021, the Banks shareholders approved a $50 million share ...
Ticker Report
8 months ago
ProShare Advisors LLC purchased a new stake in shares of Preferred Bank (NASDAQ:PFBC Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities Exchange Commission. The firm purchased 3,440 shares of the banks stock, valued at ...
Zolmax
8 months ago
Northern Trust Corp reduced its holdings in Preferred Bank (NASDAQ:PFBC Get Rating) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,024 shares of the banks stock after selling 6,820 shares ...
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Current Price
$72.95
$1.49
(2.09%)
arrow-icon
1 Week Returns
3 Months Returns
1 Year Returns

Get Started with as little as $1.00

Get Started with as little as $1.00