DIVIDEND ANNOUNCEMENT: Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) on 03/20/2024 declared a dividend of $0.7000 per share

Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) on 03/20/2024 declared a dividend of $ 0.7000 per share payable on April 19, 2024 to shareholders of record as of April 05, 2024.

Preferred Bank (Los Angeles, CA) (NASDAQ:PFBC) has paid dividends since 2001, has a current dividend yield of 3.8829565048% and has increased its dividends for 3 successive years.

Preferred Bank (Los Angeles, CA)'s market cap is $ 140,686,610 and has a PE ratio of 6.78. The stock price closed yesterday at $ 72.11 and has a 52 week low/high of $ 42.42 and $ 77.65.

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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