STOCK TITAN

Preferred Bank Announces Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Preferred Bank (NASDAQ: PFBC), a leading independent commercial bank in California, has announced a quarterly cash dividend of $0.70 per share. The dividend will be payable on October 21, 2024 to shareholders of record as of October 7, 2024. This announcement demonstrates the bank's commitment to providing returns to its shareholders and reflects its financial stability in the competitive California banking sector.

Preferred Bank (NASDAQ: PFBC), una delle principali banche commerciali indipendenti in California, ha annunciato un dividendo in contante trimestrale di $0.70 per azione. Il dividendo sarà pagato il 21 ottobre 2024 agli azionisti registrati al 7 ottobre 2024. Questo annuncio dimostra l'impegno della banca a fornire ritorni agli azionisti e riflette la sua stabilità finanziaria nel competitivo settore bancario della California.

Preferred Bank (NASDAQ: PFBC), un importante banco comercial independiente en California, ha anunciado un dividendo en efectivo trimestral de $0.70 por acción. El dividendo será pagadero el 21 de octubre de 2024 a los accionistas registrados a partir del 7 de octubre de 2024. Este anuncio demuestra el compromiso del banco de proporcionar retornos a sus accionistas y refleja su estabilidad financiera en el competitivo sector bancario de California.

Preferred Bank (NASDAQ: PFBC)는 캘리포니아의 주요 독립 상업은행으로서 주당 $0.70현금 배당금을 분기별로 발표했습니다. 이 배당금은 2024년 10월 21일2024년 10월 7일 기준 주주들에게 지급될 예정입니다. 이 발표는 은행이 주주에게 수익을 제공하겠다는 의지를 보여주며 캘리포니아의 경쟁적인 은행 부문에서 금융 안정성을 반영합니다.

Preferred Bank (NASDAQ: PFBC), une banque commerciale indépendante de premier plan en Californie, a annoncé un dividende en espèces trimestriel de 0,70 $ par action. Le dividende sera versé le 21 octobre 2024 aux actionnaires inscrits au 7 octobre 2024. Cette annonce témoigne de l'engagement de la banque à offrir des rendements à ses actionnaires et reflète sa stabilité financière dans le secteur bancaire concurrentiel de Californie.

Preferred Bank (NASDAQ: PFBC), eine führende unabhängige Geschäftsbank in Kalifornien, hat eine vierteljährliche Bardividende von 0,70 $ pro Aktie angekündigt. Die Dividende wird am 21. Oktober 2024 an die Aktionäre ausgezahlt, die am 7. Oktober 2024 registriert sind. Diese Ankündigung zeigt das Engagement der Bank, ihren Aktionären Erträge zu bieten, und spiegelt die finanzielle Stabilität im wettbewerbsintensiven Bankenmarkt Kaliforniens wider.

Positive
  • Declared quarterly cash dividend of $0.70 per share
  • Consistent dividend payments indicate financial stability
  • Demonstrates commitment to shareholder returns
Negative
  • None.

LOS ANGELES, Sept. 19, 2024 (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 of $0.70 per share, payable on October 21, 2024 to holders of record on October 7, 2024.

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 amount of Preferred Bank's (PFBC) quarterly dividend for 2024?

Preferred Bank (PFBC) has declared a quarterly cash dividend of $0.70 per share for 2024.

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

The payment date for Preferred Bank's (PFBC) latest dividend is October 21, 2024.

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

The record date for Preferred Bank's (PFBC) upcoming dividend is October 7, 2024.

How often does Preferred Bank (PFBC) pay dividends?

Based on the announcement of a quarterly dividend, Preferred Bank (PFBC) appears to pay dividends on a quarterly basis.

Preferred Bank

NASDAQ:PFBC

PFBC Rankings

PFBC Latest News

PFBC Stock Data

985.30M
14.90M
0.98%
86.4%
8.61%
Banks - Regional
Financial Services
Link
United States of America
Los Angeles