Preferred Bank (NASDAQ:PFBC) declares a quarterly cash dividend of $0.30 per share
On Dec. 09, 2019, Preferred Bank (NASDAQ:PFBC) an independent commercial bank focusing on the diversified California market, revealed that the Board of Directors has declared a quarterly cash dividend of $0.30 per share. The dividend is payable on January 21, 2020 to holders of record on January 7, 2020.
About Preferred Bank
Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Bank conducts its banking business from its main office in Los Angeles, California, and through eleven full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)) and one branch in Flushing, New York. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.
On Friday, Preferred Bank (NASDAQ:PFBC) stock recorded daily change of 0.67% to close at $57.29 with the total traded volume of 59284 shares along average volume of 49305 shares 52 week range of the stock remained $ 39.87 – 57.37 while its day low price was $56.38 and its hit its day high price at $57.37. Its previous closing value stands at $56.91. PFBC total market capitalization is $874573112. Currently stocks EPS is $5.07 while its price to earnings ratio is 11.29.
Christopher Pacheco has worked as financial analyst until his retirement. He is a well-known research director and portfolio manager for more than 5 years. After many years in the market, he dedicated all his time to write articles highlighting different financial problems.
Christopher Pacheco holds a postgraduate degree in Software Engineering from Canada. ‘The stock market is filled with individuals who know the price of everything, but the value of nothing.’ Christopher is a share market expert, being personally invested for over 6 years. He believes the most valuable nugget of wisdom for new investors is a quote from Phillip Fisher. He has been writing his entire life, and while he has made a career of business and finance reporting, he still enjoys writing short stories and poetry.
Address: 25176 10th Street, Greenfield, CA 93927, USA
Email: [email protected]
Zip code: 93927
Contact # 831-385-8150