Company Preferred Bank

Equities

PFBC

US7403674044

Banks

Market Closed - Nasdaq 04:00:00 2024-04-19 pm EDT 5-day change 1st Jan Change
74.3 USD +2.85% Intraday chart for Preferred Bank +1.30% +1.71%

Business Summary

Preferred Bank is an independent commercial bank focusing primarily on the California market. The Bank provides a range of financial services. The Bank offers a 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. The Bank conducts its banking business from its main office in Los Angeles, California, and through 11 full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco) and one branch in Flushing, New York. In addition, the Bank operates a loan production office in the Houston, Texas suburb of Sugar Land. Its business activities come from the mainstream markets of Southern and Northern California.

Number of employees: 299

Sales per Business

USD in Million2022Weight2023Weight Delta
Banking and Related Activities
100.0 %
257 100.0 % 296 100.0 % +15.27%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
257 100.0 % 296 100.0 % +15.27%

Managers

Managers TitleAgeSince
Chief Executive Officer 83 91-12-22
Director of Finance/CFO 59 05-12-31
President 64 11-06-21
Corporate Officer/Principal - 08-01-31
Corporate Officer/Principal 63 02-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 94-12-31
Chief Executive Officer 83 91-12-22
Director/Board Member 79 02-12-31
Director/Board Member 61 -
Director/Board Member 76 94-12-31
Director/Board Member 53 04-12-31
Director/Board Member 75 90-12-31
Director/Board Member - 19-03-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 16,181,044 12,496,304 ( 77.23 %) 2,597,759 ( 16.05 %) 77.23 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
8.565 %
1,276,400 8.565 % 98 M $
T. Rowe Price Investment Management, Inc.
5.829 %
868,645 5.829 % 67 M $
Vanguard Fiduciary Trust Co.
5.752 %
857,142 5.752 % 66 M $
Dimensional Fund Advisors LP
4.478 %
667,256 4.478 % 51 M $
609,545 4.090 % 47 M $
Teachers Advisors LLC
3.558 %
530,270 3.558 % 41 M $
Boston Partners Global Investors, Inc.
3.125 %
465,650 3.125 % 36 M $
Geode Capital Management LLC
2.069 %
308,277 2.069 % 24 M $
Millennium Management LLC
1.948 %
290,267 1.948 % 22 M $
HSBC Bank Plc
1.734 %
258,473 1.734 % 20 M $

Company contact information

Preferred Bank (California)

601 South Figueroa Street 47th floor

90017, Los Angeles

+213 891 1188

http://www.preferredbank.com
address Preferred Bank(PFBC)
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