Preferred Bank: Interesting Dividend But Under Certain Conditions

Preferred Bank (NASDAQ:PFBC) is a small bank, with equity of about $700 million and total assets of $6.75 billion. It is based in Los Angeles, and its strong performance in recent years is making it interesting in the eyes of investors. In particular, its fast-growing dividend is its strength, as is its better-than-average profitability. However, there are also weaknesses that could make this bank's future less rosy. Future prospects and profitability Last quarter loan growth was 4% annualized, which is a p ...