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Stock impact report

Preferred Bank Still Remains A Solid Prospect [Seeking Alpha]

Preferred Bank (PFBC) 
Last preferred bank earnings: 4/22 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
The bank's 2023 fiscal year showed positive growth in net interest income and net income, despite some weakness in non-interest income. Deposits and loan values have increased, while securities have decreased. The bank is trading at a low price-to-earnings multiple, but is expensive relative to book value. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Back in July of last year, I was on the hunt for some attractive players in the banking sector. This was because of a crash that was caused in March of that same year that was driven by the failure of multiple institutions. My bargain hunting led me to one firm appropriately named Preferred Bank NASDAQ: PFBC ). What made the enterprise interesting to me, besides the fact that shares were attractively priced, was the fact that it had a very specific emphasis on serving the Chinese American market. This emphasis had proven beneficial f Show less Read more
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