Preferred Bank declared a quarterly cash dividend of $0.80 per share, payable April 21, 2026.
Quiver AI Summary
Preferred Bank, a prominent independent commercial bank in California, announced a quarterly cash dividend of $0.80 per share, to be paid on April 21, 2026, to shareholders of record as of April 7, 2026. Headquartered in Los Angeles, the bank operates multiple branches across California, New York, and Texas, offering a variety of deposit and loan products to commercial and consumer clients. Originally founded to serve the Chinese-American community, Preferred Bank has expanded its customer base to include a diverse mainstream market while still catering to the needs of ethnic Chinese migrants. The bank is chartered by the State of California and its deposits are insured by the FDIC.
Potential Positives
- Preferred Bank's declaration of a quarterly cash dividend of $0.80 per share reflects financial stability and is favorable for shareholders.
- The bank's diversified branch network in key locations, including California and New York, enhances its market presence and accessibility to customers.
- Insurance of deposits by the FDIC provides reassurance to customers about the safety of their funds, which can enhance customer trust and attract new depositors.
Potential Negatives
- None
FAQ
What is the quarterly cash dividend declared by Preferred Bank?
Preferred Bank declared a quarterly cash dividend of $0.80 per share.
When will the dividend be paid to shareholders?
The dividend will be payable on April 21, 2026.
What is the record date for the dividend payment?
The record date for the dividend payment is April 7, 2026.
Where is Preferred Bank headquartered?
Preferred Bank is headquartered in Los Angeles, California.
What types of services does Preferred Bank offer?
Preferred Bank offers deposit and loan products, including commercial loans and real estate financing.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PFBC Hedge Fund Activity
We have seen 91 institutional investors add shares of $PFBC stock to their portfolio, and 128 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 739,703 shares (-64.9%) from their portfolio in Q4 2025, for an estimated $69,850,154
- MILLENNIUM MANAGEMENT LLC removed 63,401 shares (-45.5%) from their portfolio in Q4 2025, for an estimated $5,986,956
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 53,146 shares (-72.3%) from their portfolio in Q4 2025, for an estimated $5,018,576
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 51,984 shares (+40612.5%) to their portfolio in Q4 2025, for an estimated $4,908,849
- QUBE RESEARCH & TECHNOLOGIES LTD added 51,631 shares (+69.2%) to their portfolio in Q4 2025, for an estimated $4,875,515
- CITADEL ADVISORS LLC added 45,750 shares (+211.1%) to their portfolio in Q4 2025, for an estimated $4,320,172
- BOSTON PARTNERS removed 35,619 shares (-6.7%) from their portfolio in Q4 2025, for an estimated $3,363,502
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PFBC Analyst Ratings
Wall Street analysts have issued reports on $PFBC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 10/22/2025
To track analyst ratings and price targets for $PFBC, check out Quiver Quantitative's $PFBC forecast page.
$PFBC Price Targets
Multiple analysts have issued price targets for $PFBC recently. We have seen 3 analysts offer price targets for $PFBC in the last 6 months, with a median target of $104.0.
Here are some recent targets:
- Andrew Terrell from Stephens & Co. set a target price of $93.0 on 01/26/2026
- Matthew Clark from Piper Sandler set a target price of $111.0 on 01/26/2026
- Gary Tenner from DA Davidson set a target price of $104.0 on 10/22/2025
Full Release
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.
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 California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine (2), Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)), two branches in New York (Manhattan and Flushing, Queens) and a branch office in the Houston, Texas suburb of Sugar Land. In addition, the Bank also operates a loan production office in Sunnyvale, California. 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: | AT FINANCIAL PROFILES: |
| Edward J. Czajka | Jeffrey Haas |
| Executive Vice President | General Information |
| Chief Financial Officer | (310) 622-8240 |
| (213) 891-1188 | [email protected] |
