Preferred Bank

PFBC

Market cap $1.13B

LOS ANGELES, May 20, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, announced today that it has entered into a settlement agreement on a commercial & industrial loan with the borrower. The agreement calls for the Bank to receive a total of $5.7 million over an eleven month period on a loan previously charged off. The charge-off of the loan was recorded in the second quarter of 2024.

Preferred Bank (PFBC) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Preferred Bank (PFBC) came out with quarterly earnings of $2.53 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.23 per share a year ago.

LOS ANGELES, April 20, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, announced today that Kroll Bond Rating Agency, LLC ("KBRA") affirmed the Bank's deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2. The outlook of the long-term ratings for the Bank is Stable as of April 17, 2026.

Preferred Bank (PFBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Preferred Bank receives a reaffirmed soft "Buy" rating, though recent net interest margin declines temper enthusiasm. PFBC's net interest margin fell to 3.74%, with loan yields dropping as adjustable-rate loans reprice lower amid declining rates. Asset quality remains robust, with return on assets at 1.82% and return on equity at 17.59%, both above peer averages.

LOS ANGELES, April 08, 2026 (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 first quarter ended March 31, 2026 before the open of market on Wednesday, April 22, 2026. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.

LOS ANGELES, March 18, 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 $0.80 per share, payable on April 21, 2026 to holders of record on April 7, 2026.

LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.