Preferred Bank Reports Quarterly Results
LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2024.
- LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2024.
- Preferred Bank (“the Bank”) reported net income of $33.5 million or $2.44 per diluted share for the first quarter of 2024.
- Despite the decrease in net income, Preferred Bank continues to deliver top-of-class profitability metrics and long term shareholder returns.
- A conference call with simultaneous webcast to discuss Preferred Bank’s first quarter 2024 financial results will be held tomorrow, April 23, 2024 at 2:00 p.m. Eastern / 11:00 a.m. Pacific.