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Preferred Bank Announces Dividend Increase

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Preferred Bank (NASDAQ: PFBC), a leading independent commercial bank in California, has announced a quarterly cash dividend of $0.75 per share. The dividend will be paid on April 21, 2025 to shareholders of record as of April 7, 2025.

Preferred Bank (NASDAQ: PFBC), una delle principali banche commerciali indipendenti in California, ha annunciato un dividendo in contante trimestrale di $0,75 per azione. Il dividendo sarà corrisposto il 21 aprile 2025 agli azionisti registrati al 7 aprile 2025.

Preferred Bank (NASDAQ: PFBC), un banco comercial independiente líder en California, ha anunciado un dividendo en efectivo trimestral de $0.75 por acción. El dividendo se pagará el 21 de abril de 2025 a los accionistas registrados a partir del 7 de abril de 2025.

Preferred Bank (NASDAQ: PFBC), 캘리포니아의 주요 독립 상업 은행, 분기 현금 배당금 $0.75 주당을 발표했습니다. 배당금은 2025년 4월 21일2025년 4월 7일 기준 주주에게 지급됩니다.

Preferred Bank (NASDAQ: PFBC), une banque commerciale indépendante de premier plan en Californie, a annoncé un dividende en espèces trimestriel de 0,75 $ par action. Le dividende sera versé le 21 avril 2025 aux actionnaires inscrits au 7 avril 2025.

Preferred Bank (NASDAQ: PFBC), eine führende unabhängige Geschäftsbank in Kalifornien, hat eine vierteljährliche Bar-Dividende von $0,75 pro Aktie angekündigt. Die Dividende wird am 21. April 2025 an die Aktionäre ausgezahlt, die am 7. April 2025 im Aktienregister stehen.

Positive
  • Quarterly dividend payment demonstrates strong cash position
  • Regular dividend distribution signals financial stability
Negative
  • None.

LOS ANGELES, March 19, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend to $0.75 per share, payable on April 21, 2025 to holders of record on April 7, 2025.

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 the California cities of Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine (2 branches), Diamond Bar, Pico Rivera, Tarzana and San Francisco (2 branches) and one branch in Flushing, New York and one branch in the Houston suburb of Sugar Land, Texas. Additionally, the Bank operates a Loan Production Office in Sunnyvale, California and a satellite office in Manhattan, New York. 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

FAQ

What is the new quarterly dividend amount for Preferred Bank (PFBC)?

Preferred Bank's quarterly dividend is $0.75 per share.

When is the dividend payment date for Preferred Bank's (PFBC) latest dividend?

The dividend will be paid on April 21, 2025.

What is the record date for Preferred Bank's (PFBC) Q2 2025 dividend?

The record date is April 7, 2025.

How often does Preferred Bank (PFBC) pay dividends?

Preferred Bank pays dividends on a quarterly basis.
Preferred Bk Los Angeles Ca

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Banks - Regional
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United States
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