Preferred Bank Set to Release Earnings Report for 2024 Q4
Exciting Earnings Announcement for Preferred Bank
In a recent announcement, Preferred Bank (NASDAQ: PFBC), a significant player in California's banking sector, revealed its plans to disclose the financial results for the fourth quarter ending December 31, 2024. Investors and analysts will get their first look at these numbers on January 27, 2025, after market closing.
Conference Call Details
Accessing the Call
The very next day, on January 28, 2025, management is set to host a conference call to discuss these financial insights. Starting at 2:00 p.m. Eastern time (11:00 a.m. Pacific), this call will be web streamed for comprehensive access.
How to Join
Participants wishing to join the call can do so by dialing 844-826-3037 from within the U.S. or 412-317-5182 for international access. To follow the conversation more closely, simply mention “Preferred Bank” when prompted.
Management Team Insights
During this session, several key figures from Preferred Bank will share their perspectives, including Chairman and CEO Li Yu and President Wellington Chen. The call will also feature Chief Financial Officer Edward J. Czajka, Chief Credit Officer Nick Pi, and Deputy Chief Operating Officer Johnny Hsu. They will provide insights into the bank's financial performance and highlight strategic directions moving forward.
About Preferred Bank
Founded as a significant independent commercial bank in California, Preferred Bank holds its charter from the State of California and ensures that the deposits are safeguarded by the Federal Deposit Insurance Corporation (FDIC). With its main branch located in Los Angeles, the bank extends its reach through full-service locations across several cities in California, along with branches in New York and Texas. This broad geographic footprint enables it to serve a wide array of customers.
Banking Services
Offering an extensive suite of banking products, Preferred Bank caters to both commercial entities and individual clients. Their services encompass personalized banking solutions, real estate financing options, and tailored lending products aimed at supporting small to medium-sized businesses. Despite its origins, the bank now enjoys a diverse clientele, benefiting from the influx of ethnic Chinese customers while also serving the broader mainstream market.
Contact Information
For further inquiries, Edward J. Czajka, the Chief Financial Officer, can be reached at (213) 891-1188, while additional information can be directed to Jeffrey Haas at (310) 622-8240.
Frequently Asked Questions
What is the date for the Preferred Bank's earnings release?
The earnings release for the fourth quarter will be available on January 27, 2025.
How can I participate in the conference call?
You can join the conference call by dialing 844-826-3037 domestically or 412-317-5182 internationally.
Who will be speaking on the conference call?
Key members including Chairman and CEO Li Yu and CFO Edward J. Czajka will offer insights during the call.
Is there a replay of the conference call available?
Yes, a replay will be provided post-call, available at specified phone numbers through February 11, 2025.
What services does Preferred Bank offer?
Preferred Bank provides a range of services including loans, deposit accounts, and commercial banking products tailored for various customer needs.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.