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Preferred Bk Los Angeles Ca - PFBC STOCK NEWS

Welcome to our dedicated page for Preferred Bk Los Angeles Ca news (Ticker: PFBC), a resource for investors and traders seeking the latest updates and insights on Preferred Bk Los Angeles Ca stock.

Preferred Bank (PFBC), a leading independent commercial bank headquartered in Los Angeles, provides timely financial updates through this dedicated news resource. As an FDIC-insured institution with deep roots in California's business community, PFBC maintains focus on commercial lending, risk-managed growth, and community-focused banking solutions.

This centralized news hub offers investors and stakeholders immediate access to verified press releases covering earnings announcements, regulatory developments, and strategic initiatives. Users will find updates on asset quality metrics, leadership changes, and service innovations while maintaining compliance with financial disclosure standards.

The repository features essential updates including quarterly earnings calls, regulatory filings, executive appointments, and market expansion news. Content emphasizes PFBC's core strengths in commercial real estate financing, small business banking solutions, and its specialized focus on cross-border trade services.

Bookmark this page for direct access to Preferred Bank's official communications and third-party analyses. Regularly updated content ensures stakeholders maintain current understanding of PFBC's financial position and market strategy within the competitive West Coast banking sector.

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Preferred Bank (PFBC) announces approval of $50 million stock repurchase plan, following previous approval of up to $150 million. The shares will be bought in the open market, with the first $50 million repurchases completed at an average price of $58.59.
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Preferred Bank (PFBC) plans to release its financial results for Q4 2023 on January 24, 2024, followed by a conference call on January 25, 2024. The call will feature discussions on financial results, business highlights, and outlook by Chairman and CEO Li Yu, President and COO Wellington Chen, CFO Edward J. Czajka, CCO Nick Pi, and Deputy COO Johnny Hsu.
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Preferred Bank (NASDAQ: PFBC) increases quarterly cash dividend by 27.3% to $0.70 per share from $0.55 per share. The dividend is payable on January 22, 2024, to holders of record on January 8, 2024. Chairman and CEO Li Yu attributes the increase to the strong performance and earnings growth of the Bank throughout 2023.
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Preferred Bank reports Q3 2023 results with net income of $38.2 million, representing an increase of 8.5% compared to the same quarter last year.
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Preferred Bank plans to release its financial results for Q3 2023 on October 17, 2023. A conference call will be held on October 18, 2023 to discuss the results.
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Preferred Bank declares quarterly cash dividend of $0.55 per share
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Preferred Bank reports net income of $37.9 million for Q2 2023, representing a 35.2% increase over the same quarter last year. Deposit growth of $181 million and loan growth of $61 million. Return on average assets was 2.32% and return on beginning equity was 23.18%. Efficiency ratio was 27.3%. Total assets were $6.67 billion, an increase of $243 million from the previous quarter.
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Preferred Bank (NASDAQ: PFBC) plans to release its financial results for the second quarter ended June 30, 2023 on July 19, 2023. A conference call will be held on July 20, 2023, where management will discuss the financial results, business highlights, and outlook. Interested participants and investors can access the call through dial-in or a live webcast on the company's website. A replay of the call will also be available.
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Preferred Bank declares quarterly cash dividend of $0.55 per share.
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Preferred Bk Los Angeles Ca

Nasdaq:PFBC

PFBC Rankings

PFBC Stock Data

1.14B
12.27M
0.96%
91.19%
7.1%
Banks - Regional
Financial Services
Link
United States
Los Angeles