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Preferred Bank Announces 2025 First Quarter Earnings Release and Conference Call

Core Viewpoint - Preferred Bank is set to release its financial results for the fourth quarter ended March 31, 2025, on April 25, 2025, before market opening, followed by a conference call to discuss the results and outlook [1][3]. Company Overview - Preferred Bank is one of the larger independent commercial banks in California, chartered by the State of California, with deposits insured by the FDIC [4]. - The bank operates from its main office in Los Angeles and has twelve full-service branches in California, two branches in New York, and one in Texas, along with a Loan Production Office in Sunnyvale, California [4]. - Preferred Bank offers a wide range of deposit and loan products to commercial and consumer customers, focusing on personalized services for small and mid-sized businesses, entrepreneurs, and high net worth individuals [4]. - Originally founded as a Chinese-American bank, it now serves a diversified mainstream market while still benefiting from the migration of ethnic Chinese to California [4]. Conference Call Details - The conference call will be hosted by key executives including Chairman and CEO Li Yu, President Wellington Chen, and CFO Edward J. Czajka, discussing financial results, business highlights, and future outlook [3]. - Participants can access the call via domestic and international phone numbers or through a live webcast on the bank's Investor Relations website [2][3]. - A replay of the call will be available for a limited time after the event [3].