Preferred Bank
Delivers commercial banking, lending and deposit services through relationship-focused California banking.
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Profile
Provides commercial real estate finance, business lending, deposit services, trade finance, treasury management and selected consumer banking. A historical Chinese-American-market niche now sits alongside a diversified mainstream customer base, while California remains the operating focus.
Provides relationship-oriented commercial banking in California, retaining a historical Chinese-American-market niche while focusing on the diversified mainstream market.
Core offerings include commercial real estate finance, commercial and business loans, deposit services, trade finance, treasury management and selected consumer banking. Customers include small and midsized businesses, entrepreneurs, real-estate developers, professionals and high-net-worth individuals, with personalized one-on-one service.
The footprint spans Southern California, the San Francisco Bay Area, New York and Houston, although the operating focus remains California. Commercial real-estate finance, business lending and relationship-based client service remain central to its structure.
Company facts
Categories
Key statistics
Year to date +7.7% · Average volume (30d) 97.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 23, 2026 | Stephens | Target | $93 | $110 | |
| Jan 26, 2026 | Stephens | Target | $94 | $93 | |
| Jan 26, 2026 | Piper Sandler | Reiterate | Overweight | $119 | $111 |
| Oct 22, 2025 | DA Davidson | Reiterate | Neutral | $90 | $104 |
| Oct 22, 2025 | Piper Sandler | Reiterate | Overweight | $105 | $119 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 22, 2026Q2 FY26 | $2.65 | $2.78 | +4.9% | $73.6M | $73.5M | −0.2% | −3.35% |
| Apr 22, 2026Q1 FY26 | $2.48 | $2.53 | +2.0% | $69.8M | $69.6M | −0.2% | +1.45% |
| Jan 22, 2026Q4 FY25 | $2.78 | $2.79 | +0.4% | $74.5M | $78.1M | +4.7% | −9.21% |
| Oct 20, 2025Q3 FY25 | $2.57 | $2.84 | +10.5% | $74.5M | $75.0M | +0.6% | +5.08% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $118.5M | $124.2M | $130.5M | $129.3M | $120.8M | $125.7M | |
| Gross profit | $66.0M | $69.0M | $72.5M | $70.3M | $67.8M | $72.1M | |
| Operating income | $42.6M | $46.6M | $51.0M | $49.4M | $44.6M | $48.6M | |
| Net income | $30.0M | $32.8M | $35.9M | $34.8M | $31.1M | $33.5M | |
| Diluted EPS | $2.23 | $2.57 | $2.84 | $2.79 | $2.53 | $2.78 | |
| Gross margin | 55.6% | 55.6% | 55.5% | 54.4% | 56.1% | 57.3% | |
| Operating margin | 35.9% | 37.5% | 39.1% | 38.2% | 36.9% | 38.6% |
Fiscal years (4-quarter sums)FY21 $218.8M · FY22 $301.4M · FY23 $481.8M · FY24 $520.4M · FY25 $502.5M
Balance sheet, Jun 30, 2026Cash & short-term investments $749.8M · Total debt $382.1M · Total assets $7.73B · Shareholders' equity $793.5M
Dividends
Raised for 11 straight years — most recently to $0.80 from $0.75 in Jan 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 7, 2026 | Jul 7 | Jul 21 | $0.80 | |
| Apr 7, 2026 | Apr 7 | Apr 21 | $0.80 | |
| Jan 6, 2026 | Jan 6 | Jan 20 | $0.80 | raised from $0.75 |
| Oct 7, 2025 | Oct 7 | Oct 21 | $0.75 | |
| Jul 8, 2025 | Jul 8 | Jul 22 | $0.75 | |
| Apr 7, 2025 | Apr 7 | Apr 21 | $0.75 | |
| Jan 10, 2025 | Jan 9 | Jan 23 | $0.75 | raised from $0.70 |
| Oct 7, 2024 | Oct 7 | Oct 21 | $0.70 |
Ownership
Shares outstanding 11.84M · Float 10.87M · 91.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.16M | 9.79% | 13F | Aug 7, 2026 |
| T. Rowe Price Investment Management, Inc. | 1.08M | 9.10% | 13F | Aug 14, 2026 |
| State Street Corporation | 646.2K | 5.50% | 13G | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 573.3K | 4.84% | 13F | Aug 11, 2026 |
| Vanguard Capital Management LLC | 475.3K | 4.01% | 13F | Aug 13, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- East West Bancorp
California and cross-border commercial banking for business clients
- Cathay General Bancorp
California commercial banking with Chinese-American market depth
- Banc of California
Los Angeles relationship banking for business and treasury clients
- Bank of Hope
Korean-American commercial banking and commercial real-estate finance
- RBB
Asian-centric commercial banking in overlapping California markets
- Hanmi Financial
Commercial and SBA banking for California small businesses
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Preferred Bank | $103.53 | +0.15% | $1.23B | 9.5 | 9.6 | 2.4 | +4.0% |
| East West Bancorp | $129.44 | −0.02% | $17.73B | 12.4 | 11.9 | 3.8 | +12.5% |
| Cathay General Bancorp | $61.87 | +0.03% | $4.15B | 12.1 | 10.8 | 3.0 | +12.5% |
| Banc of California | $18.60 | −0.03% | $2.86B | — | 9.7 | 1.6 | — |
| Bank of Hope | $13.92 | 0.00% | $1.78B | 13.9 | 10.7 | 1.8 | +56.3% |
| RBB | $26.28 | +0.06% | $445.0M | 10.8 | 11.1 | 1.8 | −7.6% |
| Hanmi Financial | $31.14 | +0.06% | $926.9M | 10.5 | 9.6 | 2.4 | +10.1% |
| Median | 12.1 | 10.7 | 2.1 | +12.5% |