DIVIDEND ANNOUNCEMENT: Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) on 06/21/2023 declared a dividend of $0.5500 per share

Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) on 06/21/2023 declared a dividend of $ 0.5500 per share payable on July 21, 2023 to shareholders of record as of July 07, 2023.

Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) has paid dividends since 2001, has a current dividend yield of 3.9391229153% and has increased its dividends for 2 successive years.

Preferred Bank (Los Angeles, CA)'s market cap is $ 108,963,350 and has a PE ratio of 8.71. The stock price closed yesterday at $ 55.85 and has a 52 week low/high of $ 42.42 and $ 77.75.

Preferred Bank is a commercial bank and is engaged in commercial, real estate, and international lending to customers with businesses domiciled in the state of California. Co.'s loan portfolio includes: real estate mortgage loans; commercial loans; real estate construction loans; Small Business Administration loans; and trade finance. Co. provides an array of deposit products such as regular checking, savings and money market deposit accounts; fixed-rate, fixed maturity retail certificates of deposit (CDs); and individual retirement accounts and non-retail CDs. Co. provides remote deposit capture both through online and mobile banking or courier service to pick up non-cash deposits.

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