Weekly profile.PREFERRED BANK Preferred Bank (Chinese: 保富銀行) is a overseas Chinese bank in the United States. Headquartered in Los Angeles, with branch offices in Arcadia, California,Alhambra, California, Century City, Los Angeles, California, Chino, California, Diamond Bar, California, (PFBC PFBC Pennsylvania Fish & Boat Commission PFBC Pressurized Fluidized-Bed Combustion ) Business Overview Preferred Bank is an independent commercial bank in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). focused on the Chinese-American market. The company provides personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net-worth individuals. At December December: see month. 31, 2004, the company had loans and leases of approximately $616 million and deposits of approximately $801.5 million. Preferred Bank provides a range of deposit and loan products and services to customers primarily within five categories: real estate finance, middle-market business, international trade finance, private banking and professionals. The real estate finance category consists of investors and developers within the real estate industry and of owner-occupied properties in southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The company provides construction loans and mini-perm loans for residential, commercial, industrial and other income producing properties. A portion of its real estate loans is to borrowers who are also international trade finance customers.
Income Statement LTM * 2005 ** Summary
Revenue (millions) $82.1 $60.1 Headquarters: Los
Angeles
Operating Income (millions) 37.1 28.2 Market Cap: $389
million
Net Income (millions) 21.7 16.8 Dividend Yield: 1.41
EPS $3.09 $2.48 P/E Ratio: 18.37
* Latest Twelve Months Ending 9/2006
** Fiscal Year Ending 12/2005
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion