Preferred Bank declared a quarterly cash dividend of $0.75 per share, payable October 21, 2025.
Quiver AI Summary
Preferred Bank, one of California's largest independent commercial banks, announced a quarterly cash dividend of $0.75 per share, payable on October 21, 2025, to shareholders of record as of October 7, 2025. Headquartered in Los Angeles and chartered by the State of California, the bank's deposits are insured by the FDIC. It operates a main office as well as twelve full-service branches across California, two branches in New York, and one in Texas, and also has a Loan Production Office in Sunnyvale, California. Preferred Bank provides a wide range of banking services, including personalized deposit services and various loan products, catering primarily to small and mid-sized businesses and high net worth individuals, while maintaining a connection to its origins as a Chinese-American bank.
Potential Positives
- The declaration of a quarterly cash dividend of $0.75 per share demonstrates the company's strong financial performance and commitment to returning value to shareholders.
- The upcoming dividend payment date and record date provide clear communication to shareholders, enhancing their confidence in the company's financial stability.
- Preferred Bank's status as one of the largest independent commercial banks in California reinforces its position in the market, potentially attracting new customers and investors.
- The diverse range of banking products and services offered by Preferred Bank indicates a strategic approach to meeting varying customer needs, which can foster growth and customer loyalty.
Potential Negatives
- Declaring a dividend may indicate that the bank is prioritizing short-term returns to shareholders over long-term investments, potentially raising concerns among investors about future growth prospects.
- The focus on maintaining a formerly ethnic clientele could reflect potential risks associated with market saturation or reliance on a specific customer demographic amid changing economic conditions.
- Despite the announcement of a dividend, there is no mention of growth in earnings or key financial metrics that could reassure investors about the bank's overall financial health and stability.
FAQ
What is the quarterly cash dividend declared by Preferred Bank?
Preferred Bank has declared a quarterly cash dividend of $0.75 per share.
When will the cash dividend be paid to shareholders?
The cash dividend will be paid on October 21, 2025, to holders of record as of October 7, 2025.
Where is Preferred Bank headquartered?
Preferred Bank is headquartered in Los Angeles, California.
How many branches does Preferred Bank operate?
Preferred Bank operates twelve full-service branch offices in California, plus additional branches in New York and Texas.
What services does Preferred Bank offer?
Preferred Bank offers a variety of deposit and loan products for commercial and consumer customers, including personalized services.
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 95 institutional investors add shares of $PFBC stock to their portfolio, and 133 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 118,650 shares (-65.7%) from their portfolio in Q2 2025, for an estimated $10,268,564
- WEISS ASSET MANAGEMENT LP removed 82,192 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $7,113,306
- HSBC HOLDINGS PLC removed 81,741 shares (-35.8%) from their portfolio in Q2 2025, for an estimated $7,074,274
- BLACKROCK, INC. removed 71,351 shares (-5.5%) from their portfolio in Q2 2025, for an estimated $6,175,072
- NUVEEN, LLC removed 65,931 shares (-16.1%) from their portfolio in Q2 2025, for an estimated $5,705,998
- INVESCO LTD. removed 61,462 shares (-51.3%) from their portfolio in Q2 2025, for an estimated $5,319,228
- CITADEL ADVISORS LLC added 54,032 shares (+239.2%) to their portfolio in Q2 2025, for an estimated $4,676,199
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 04/29/2025
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 $108.0.
Here are some recent targets:
- Gary Tenner from DA Davidson set a target price of $108.0 on 07/22/2025
- Matthew Clark from Piper Sandler set a target price of $112.0 on 07/22/2025
- Andrew Terrell from Stephens & Co. set a target price of $91.0 on 04/29/2025
Full Release
LOS ANGELES, Sept. 17, 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 of $0.75 per share, which will be paid on October 21, 2025 to holders of record as of October 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 two branches in New York (Flushing and Manhattan) and one branch in the Houston suburb of Sugar Land, Texas. Additionally, the Bank 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.
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AT THE COMPANY:
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AT FINANCIAL PROFILES:
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| Edward J. Czajka | Jeffrey Haas |
| Executive Vice President | General Information |
| Chief Financial Officer | (310) 622-8240 |
| (213) 891-1188 | [email protected] |
