Preferred Bank Prepares for Key Q1 Earnings and Call

Preferred Bank Schedules First Quarter Earnings Release

Preferred Bank (NASDAQ: PFBC), one of California's larger independent commercial banks, has announced a significant upcoming event that investors and stakeholders should take note of. The bank plans to release its financial results for the first quarter ended March 31, 2025, prior to the opening of the stock market on a day in late April. This is a vital time for the bank as it shares its financial performance with the public.

Conference Call Details for Interested Investors

Following the earnings release, Preferred Bank's management team will hold a conference call to discuss the financial results and provide insights into the bank's operational highlights. The call is scheduled for 2:00 p.m. Eastern Time, which is 11:00 a.m. Pacific Time. This call will be accessible to anyone interested in tuning in as it will be broadcasted live over the Internet, showcasing the bank's commitment to transparency with its investors.

Accessing the Conference Call

To participate in this informative event, interested participants can dial into the conference call using dedicated numbers, 844-826-3037 for those within the United States and 412-317-5182 for international callers. When prompted, they can reference “Preferred Bank” to ensure they are connected to the right discussion. For those who prefer online access, a live webcast will also be available on the bank's official website in the Investor Relations section.

Leadership Spotlight During Earnings Discussion

During the conference call, listeners will hear from several key figures within Preferred Bank. Chairman and CEO Li Yu will lead the presentation alongside President and Chief Operating Officer Wellington Chen, and Chief Financial Officer Edward J. Czajka, among others. These leaders will share their perspectives on the bank's most recent achievements, along with their outlook for the future. This discussion is an opportunity for investors to gain critical insights directly from the management team.

Replay Availability for the Call

For those unable to participate in the live discussion, a replay of the conference call will be available. Listeners can access the replay through the Investor Relations section of Preferred Bank's website or by calling 877-344-7529 for domestic and 412-317-0088 for international access. This replay will be available for a limited time, continuing through early May, allowing ample time for all interested parties to catch up on the discussion.

About Preferred Bank and Its Services

Established as a significant player in the California banking landscape, Preferred Bank is chartered by the State of California and all deposits are insured by the Federal Deposit Insurance Corporation (FDIC). With its main office located in Los Angeles, the bank operates through multiple full-service branches across California and beyond, demonstrating its broad reach and commitment to serving diverse communities.

Product Offerings and Customer Base

Preferred Bank offers an extensive array of banking products and services. From personalized deposit services to real estate finance, commercial loans, and trade finance, the bank caters to small and mid-sized businesses, professionals, and high net worth individuals. Although it began its journey as a Chinese-American bank, its clientele now spans a wide demographic, thanks to the growing trend of migration from various East Asian regions to California.

Contact Information for Media Inquiries

For further inquiries related to the upcoming earnings release or any other matters, contact Edward J. Czajka, Executive Vice President and Chief Financial Officer, at (213) 891-1188. Additionally, media representatives can reach out to Jeffrey Haas at Financial Profiles at (310) 622-8240 or via email for general information inquiries.

Frequently Asked Questions

What is the date for Preferred Bank's earnings release?

The earnings release is scheduled for April 25, 2025, before the market opens.

Who will be speaking during the conference call?

Key speakers include Li Yu, the Chairman and CEO, and other executive leaders from Preferred Bank.

How can I access the conference call?

You can dial in using the provided conference call numbers or access the live webcast via the bank’s website.

Will there be a replay of the conference call?

Yes, a replay will be available until May 2, 2025, for those who cannot attend the live discussion.

What services does Preferred Bank offer?

Preferred Bank offers a wide range of financial products, including deposit services, real estate finance, and commercial loans tailored for businesses and individuals.

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