Edition:
United States

Preferred Bank (PFBC.O)

PFBC.O on Nasdaq

53.89USD
18 Aug 2017
Change (% chg)

$0.26 (+0.48%)
Prev Close
$53.63
Open
$53.39
Day's High
$54.16
Day's Low
$53.39
Volume
62,871
Avg. Vol
88,369
52-wk High
$58.98
52-wk Low
$33.65

Latest Key Developments (Source: Significant Developments)

Preferred Bank reports Q2 earnings per share $0.80
Tuesday, 18 Jul 2017 04:56pm EDT 

July 18 (Reuters) - Preferred Bank :Preferred Bank reports second quarter results.Q2 earnings per share $0.80.Q2 earnings per share view $0.75 -- Thomson Reuters I/B/E/S.Net interest income before provision for loan and lease losses was $31.3 million for Q2 of 2017 versus $25.7 million.  Full Article

Preferred Bank receives negotiating permit from state of California to raise new common stock
Monday, 26 Jun 2017 04:01pm EDT 

June 26 (Reuters) - Preferred Bank -:Preferred Bank receives negotiating permit from state of california to raise new common stock.Preferred Bank - received ‍negotiating permit from department of business oversight to raise up to $50 million in new capital​.Preferred Bank - plans to raise capital through an at market transaction in installments.Preferred Bank - permit will expire on december 20, 2017 and specifically allows preferred bank to offer to sell securities.Preferred Bank - ‍bank plans to raise capital through an at market transaction in installments.  Full Article

Preferred Bank increases quarterly cash dividend
Friday, 23 Jun 2017 04:01pm EDT 

June 23 (Reuters) - Preferred Bank ::Preferred Bank increases quarterly cash dividend.Increases quarterly cash dividend by 11 percent to $0.20per share.  Full Article

Preferred Bank reports Q1 earnings per share $0.71
Wednesday, 19 Apr 2017 04:01pm EDT 

April 19 (Reuters) - Preferred Bank -:Preferred Bank reports first quarter results.Q1 earnings per share $0.71.Q1 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Preferred Bank - net interest income improved from $28.1 million in q4 of 2016 to $28.4 million in q1 of 2017.Preferred Bank - during quarter, recorded reserve of $1.5 million for potential settlement of lawsuit which had net earnings effect of $0.05 per diluted share.  Full Article

Preferred Bank reports Q4 earnings per share $0.71
Thursday, 19 Jan 2017 04:26pm EST 

Preferred Bank : Preferred Bank reports record quarterly earnings . Q4 earnings per share $0.71 . Q4 earnings per share view $0.65 -- Thomson Reuters I/B/E/S .Preferred Bank - net interest income before provision for loan and lease losses was $28.1 million for q4 of 2016.  Full Article

Preferred Bank increases quarterly cash dividend
Friday, 23 Dec 2016 08:30am EST 

Preferred Bank : Preferred Bank increases quarterly cash dividend .Increases quarterly cash dividend by 20 percent to $0.18 per share.  Full Article

Preferred Bank says Q2 earnings per share $0.61
Wednesday, 20 Jul 2016 04:15pm EDT 

Preferred Bank : Preferred Bank reports second quarter results . Q2 earnings per share $0.61 . Q2 earnings per share view $0.58 -- Thomson Reuters I/B/E/S .Net interest income before provision for loan and lease losses was $25.7 million for q2 of 2016 versus $20.6 million recorded in q2 of 2015.  Full Article

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

BRIEF-Preferred Bank reports Q2 earnings per share $0.80

* Q2 earnings per share view $0.75 -- Thomson Reuters I/B/E/S