One bank that I have had a pretty good track record with is Preferred Bank (NASDAQ: PFBC ). Recently, performance has not been the best. Since I last reaffirmed the company as a ‘buy’ candidateCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live cha ...

Preferred Bank (PFBC) reported $66.66 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 6.9%. EPS of $2.23 for the same period compares to $2.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $70.45 million, representing a surprise of -5.39%. The company delivered an EPS surprise of -4.29%, with the consensus EPS estimate being $2.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Preferred Bank (PFBC) came out with quarterly earnings of $2.23 per share, missing the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.29%. A quarter ago, it was expected that this independent commercial bank would post earnings of $2.42 per share when it actually produced earnings of $2.25, delivering a surprise of -7.02%.Over the last four qua ...

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 $30.0 million or $2.23 per diluted share for the first quarter of 2025. This represents a small decrease in net income of $197,000 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 ...

LOS ANGELES, April 14, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended March 31, 2025 before the open of market on Friday, April 25, 2025. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conferen ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend ...

LOS ANGELES, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (the “Bank”) one of the larger independent California banks, today reported that the Board of Directors had approved a significant donation to benefit fire relief efforts on the Los Angeles area. Li Yu, Chairman and CEO, commented, “The recent wildfires in Southern California have been devastating and one of the worst disasters in the history of Southern California. As a company headquartered in the heart of Los Angeles, the fires ...

Preferred Bank (NASDAQ:PFBC) Q4 2024 Earnings Conference Call January 28, 2025 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington Chen - President and COO Nick Pi - CCO Johnny Hsu - Deputy Chief Operating Officer Conference Call Participants Andrew Terrell - Stephens Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Tim Coffey - Janney David Feaster - Raymond James Operator Good day, and welcome to the Preferred Bank Fourth Quarter ...

For the quarter ended December 2024, Preferred Bank (PFBC) reported revenue of $72.81 million, up 1.8% over the same period last year. EPS came in at $2.25, compared to $2.60 in the year-ago quarter.The reported revenue represents a surprise of +4.01% over the Zacks Consensus Estimate of $70 million. With the consensus EPS estimate being $2.42, the EPS surprise was -7.02%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

Preferred Bank (PFBC) came out with quarterly earnings of $2.25 per share, missing the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.02%. A quarter ago, it was expected that this independent commercial bank would post earnings of $2.39 per share when it actually produced earnings of $2.46, delivering a surprise of 2.93%.Over the last four quar ...