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Preferred Bank
5 own
19 watching
Current Price
$91.26
$4.08
(4.68%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
Market Capitalization
774.8M
52-Week High
91.45000
52-Week Low
58.52000
Average Volume
0.16M
Dividend Yield
0.02044
P/E Ratio
10.69
Market Capitalization774.8M52-Week High91.4500052-Week Low58.52000Average Volume0.16MDividend Yield0.02044P/E Ratio10.69What 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
1 year ago
LOS ANGELES, June 12, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (the Bank), an independent commercial bank, today announced that it had received all the required approvals to begin its stock repurchase plan. At the annual shareholders meeting on May 16, 2023, the Banks shareholders ...
Ticker Report
1 year ago
Preferred Bank (NASDAQ:PFBC Get Rating) had its price objective trimmed by DA Davidson from $64.00 to $60.00 in a report issued on Thursday, The Fly reports. The firm currently has a neutral rating on the banks stock. DA Davidson also issued estimates for Preferred Banks Q2 ...
Globe Newswire
1 year ago
SYRACUSE, N.Y., April 03, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headlineon March 29, 2023 at 16:10 ET by Pathfinder Bancorp, Inc. (NASDAQ:PBHC),please note that inCompany stock tickerincluded in the first paragraph of the was errantly noted as (NASDAQ:PFBC) instead of (NASDAQ:...
Zolmax
1 year ago
Boston Partners raised its stake in shares of Preferred Bank (NASDAQ:PFBC Get Rating) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 300,282 shares of the banks stock after purchasing an additional 13,467 shares during the period...
Globe Newswire
2years 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 ...
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Current Price
$91.26
$4.08
(4.68%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
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