Preferred Bank (PFBC) Q1 Earnings and Revenues Miss Estimates

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 ...