Preferred Bank Announces Quarterly Cash Dividend
23 September 2021 - 9:01AM
Preferred Bank (NASDAQ: PFBC), one of the largest
independent commercial banks in California, today reported that the
Board of Directors has declared a quarterly cash dividend of $0.38
per share. The dividend is payable on October 21, 2021 to holders
of record on October 7, 2021.
About Preferred Bank
Preferred Bank (the “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 banking
business from its main office in Los Angeles, California, and
through eleven full-service branch banking offices in California
(Alhambra, Century City, City of Industry, Torrance, Arcadia,
Irvine, Diamond Bar, Pico Rivera, Tarzana and San Francisco (2))
and one branch in Flushing, New York. In addition, the Bank
operates a loan production office in the Houston suburb of Sugar
Land, Texas. Preferred Bank offers a broad range of deposit and
loan products and services to both commercial and consumer
customers. The Bank provides personalized deposit services as
well as real estate finance, commercial loans and trade finance to
small and mid-sized businesses, entrepreneurs, real estate
developers, professionals and high net worth individuals. Although
originally founded as a Chinese-American Bank, Preferred Bank now
derives most of its customers from the diversified mainstream
market but does continue to benefit from the significant migration
to California of ethnic Chinese from China and other areas of East
Asia.
AT THE
COMPANY:Edward J. CzajkaExecutive Vice PresidentChief
Financial Officer(213) 891-1188 |
|
AT FINANCIAL
PROFILES:Jeffrey HaasGeneral Information(310)
622-8240PFBC@finprofiles.com |
Preferred Bank (NASDAQ:PFBC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Preferred Bank (NASDAQ:PFBC)
Historical Stock Chart
From Jul 2023 to Jul 2024