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Preferred Bank Reports First Quarter Results
PFBCPreferred Bank(PFBC) Newsfilter·2025-04-25 20:30

LOS ANGELES, April 25, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2025. Preferred Bank ("the Bank") reported net income of 30.0millionor30.0 million or 2.23 per diluted share for the first quarter of 2025. This represents a small decrease in net income of 197,000fromthepriorquarterandadecreaseof197,000 from the prior quarter and a decrease of 3.4 million from the same quarter last year. The decrease compared to both periods was mainly due to ...