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Stock impact report

Preferred Bank Reports Record Third Quarter Results

Preferred Bank (PFBC) 
Last preferred bank earnings: 4/22 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
LOS ANGELES, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended September 30, 2025. Preferred Bank (“the Bank”) reported net income of $35.9 million or $2.84 per diluted share for the third quarter of 2025. This represents an increase in net income of $3.1 million from the prior quarter and an increase of $2.6 million over the same quarter last year. The increase compared to both periods was primarily due to an increase in net interest income. The primary reason that net interest income increased over the same quarter last year was due to a large $5.0 million decrease in interest expense. In comparison to the prior quarter, gross interest income increased by $6.4 million due to an increase in loans and investment securities. Highlights for the Quarter: Return on average assets was 1.93%Return on average equity was 18.64%Total loans increased by $132.4 million or 2.3%, linked Show less Read more
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