Janney upgraded Preferred Bank from Neutral to Buy and set a new price target of $95.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/9/2024 | Overweight → Equal-Weight | Stephens | |
| 7/7/2022 | Outperform → Mkt Perform | Raymond James | |
| 2/16/2022 | $95.00 | Neutral → Buy | Janney |
| 1/24/2022 | $85.00 → $94.00 | Overweight | Piper Sandler |
| 1/21/2022 | $95.00 → $100.00 | Buy | B. Riley Securities |
| 1/21/2022 | $75.00 → $85.00 | Outperform | Raymond James |
| 1/12/2022 | $80.00 → $95.00 | Buy | B. Riley Securities |
| 11/17/2021 | $85.00 → $88.00 | Overweight | Piper Sandler |
LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), ("the Bank"), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status. Below is an outline of the loan balances and the cur
LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank ("the Bank") reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of 2024 related to a correction in the adoption of ASC 842, Lease Accounting. The decrease in net income from the pri
LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended December 31, 2025 before the open of market on Thursday, January 22, 2026. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conference call by dialing 844-826-3037 (domestic) or 412-317-5182 (international) and referencing "Preferred Bank." There will also be a live webcast of the call available at the Investor
SCHEDULE 13G/A - Preferred Bank (0001492165) (Subject)
Stephens downgraded Preferred Bank from Overweight to Equal-Weight
Raymond James downgraded Preferred Bank from Outperform to Mkt Perform
Janney upgraded Preferred Bank from Neutral to Buy and set a new price target of $95.00
SC 13G/A - Preferred Bank (0001492165) (Subject)
SC 13G - Preferred Bank (0001492165) (Subject)
SC 13G/A - Preferred Bank (0001492165) (Subject)
LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank ("the Bank") reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of 2024 related to a correction in the adoption of ASC 842, Lease Accounting. The decrease in net income from the pri
LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended December 31, 2025 before the open of market on Thursday, January 22, 2026. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conference call by dialing 844-826-3037 (domestic) or 412-317-5182 (international) and referencing "Preferred Bank." There will also be a live webcast of the call available at the Investor
LOS ANGELES, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ:PFBC), one of the larger independent commercial banks in California, today reported that the Board of Directors has increased the annual cash dividend to $3.20 per share from the previous $3.00 per share, an increase of 6.7%. The dividend is payable on January 20, 2026 to holders of record on January 6, 2026. About Preferred Bank Preferred Bank is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Bank conducts its bank