Preferred Bank (PFBC.O) Key Developments | Reuters.com
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Preferred Bank (PFBC.O)

PFBC.O on Nasdaq

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Preferred Bank announces dividend increase of 25%
Thursday, 17 Dec 2015 09:00am EST 

Preferred Bank:Reports that the Board has declared a quarterly cash dividend of $0.15 per share payable on January 21, 2016 to holders of record on January 7, 2016.Represents an increase of 25% over the previous quarterly cash dividend of $0.12 per share.  Full Article

Preferred Bank Closes Acquisition of United International Bank
Monday, 23 Nov 2015 10:06am EST 

Preferred Bank:Says that as of close of business November 20, 2015, it had completed the acquisition of United International Bank , as announced on July 20, 2015.Total value of the transaction is $22.2 million, or $1.2 million in excess of shareholder's equity, which will be paid in cash.  Full Article

Preferred Bank declares cash dividend
Wednesday, 23 Sep 2015 08:00am EDT 

Preferred Bank:Declares quarterly cash dividend of $0.12 per share.Payable on October 20, to holders of record on October 6.  Full Article

Preferred Bank to acquire United International Bank
Monday, 20 Jul 2015 09:00am EDT 

Preferred Bank:To acquire united international bank.Preferred expects transaction to be accretive to 2016 earnings per share and to have minimal dilution to tangible book value at closing.Says boards of directors of Preferred and uib have each unanimously approved the transaction.Says transaction is not expected to have a material impact on preferred's 2015 results of operations.Says approval of the shareholders of Preferred for the transaction is not legally required and will not be solicited.  Full Article

Preferred Bank declares quarterly cash dividend
Tuesday, 23 Jun 2015 05:31pm EDT 

Preferred Bank:Declares quarterly cash dividend of $0.12 per share.Payable on July 21, to holders of record on July 7.  Full Article

Preferred Bank declares quarterly cash dividend
Thursday, 19 Mar 2015 05:00pm EDT 

Preferred Bank:Declares quarterly cash dividend of $0.12 per share.Payable on April 21 to holders of record date on April 7.Says this dividend represents an increase of 20 pct over previous dividend of $0.10 per share.  Full Article

Preferred Bank announces quarterly cash dividend
Thursday, 18 Dec 2014 08:30am EST 

Preferred Bank:Declares quarterly cash dividend of $0.10 per share.Payable on Jan. 20, 2015.Says to holders of record on Jan. 6, 2015.  Full Article

Preferred Bank announces quarterly cash dividend
Friday, 26 Sep 2014 08:30am EDT 

Preferred Bank:Declares a quarterly cash dividend of $0.10 per share.Payable on Oct. 20 to holders of record on Oct. 6.  Full Article

Preferred Bank reports termination of agreement
Wednesday, 17 Sep 2014 08:30am EDT 

Preferred Bank:Says that their informal agreement had been terminated.Preferred Bank was notified by the Federal Deposit Insurance Corp and the California Department of Business Oversight that they have terminated the memorandum of understanding which was entered into on Oct. 1, 2013.  Full Article

BRIEF-Preferred bank reports Q1 earnings per share $0.56

* Q1 earnings per share view $0.56 -- Thomson Reuters I/B/E/S