Preferred Bank (PFBC) Beats Q3 Earnings and Revenue Estimates

Preferred Bank (PFBC) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.57 per share. This compares to earnings of $2.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.51%. A quarter ago, it was expected that this independent commercial bank would post earnings of $2.43 per share when it actually produced earnings of $2.52, delivering a surprise of +3.7%.Over the last four qua ...