http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 24 Feb 2026 07:07:40 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Downgrades/Janney+Downgrades+Preferred+Bank+%28PFBC%29+to+Neutral/26046586.html <p>Janney analyst Christopher Marinac downgraded Preferred Bank (NASDAQ: PFBC) from Buy to Neutral with a price target of $100.00.</p><p>For an analyst ratings summary and ratings history on Preferred Bank <a href="http://www.streetinsider.com/rating_history.php?q=PFBC">click here</a>. For more ratings news on Preferred Bank <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PFBC&amp;type=analyst">click here</a>.</p><p>Shares of Preferred Bank closed at $89.90 yesterday.</p> http://www.streetinsider.com/Downgrades/Janney+Downgrades+Preferred+Bank+%28PFBC%29+to+Neutral/26046586.html Tue, 24 Feb 2026 07:07:40 -0500 PFBC http://www.streetinsider.com/New+Coverage/Brean+Capital+Assumes+Preferred+Bank+%28PFBC%29+at+Neutral/26046340.html <p>Brean Capital analyst Timothy Coffey assumes coverage on Preferred Bank (NASDAQ: PFBC) with a Neutral rating and a price target of $100.00.</p><p>For an analyst ratings summary and ratings history on Preferred Bank <a href="http://www.streetinsider.com/rating_history.php?q=PFBC">click here</a>. For more ratings news on Preferred Bank <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PFBC&amp;type=analyst">click here</a>.</p><p>Shares of Preferred Bank closed at $89.90 yesterday.</p> http://www.streetinsider.com/New+Coverage/Brean+Capital+Assumes+Preferred+Bank+%28PFBC%29+at+Neutral/26046340.html Tue, 24 Feb 2026 06:51:30 -0500 PFBC http://www.streetinsider.com/Corporate+News/Preferred+Bank+moves+%24117.6+million+in+loans+to+nonaccrual+status/26043002.html <p>Preferred Bank (NASDAQ: PFBC) announced it is reclassifying $117.6 million in loans to nonaccrual status after previously downgrading the relationship to substandard classification in the fourth quarter of 2025.</p><p>The loan portfolio consists of $2.0 million in commercial and industrial loans and $115.6 million in real estate loans tied to a single borrower relationship. The bank cited the principals' involvement in lawsuits with other banks, which has caused cash flow problems and payment issues.</p><p>The real estate loans include five properties: two neighborhood shopping centers totaling $39.3 million, one shopping center at $48.5 million, and two multifamily properties totaling $27.9 million. The http://www.streetinsider.com/Corporate+News/Preferred+Bank+moves+%24117.6+million+in+loans+to+nonaccrual+status/26043002.html Mon, 23 Feb 2026 16:01:34 -0500 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Press+Releases/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html <p>LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, (“the Bank”), an independent commercial bank, provided an update on a large loan relationship. In the fourth quarter of 2025, the Bank announced that it had downgraded a large relationship totaling $2.0 million in commercial and industrial (C&amp;I) loans and $115.6 million of real estate loans to substandard classification. Due to the principals of the relationship being involved in several complicated lawsuits with other banks which caused sluggish cash flow and unacceptable payment patterns, the Bank is now further reclassifying these loans to nonaccrual status.</p> http://www.streetinsider.com/Globe+Newswire/Preferred+Bank+Provides+Update+on+Loan+Relationship/26042992.html Mon, 23 Feb 2026 16:01:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Analyst+PT+Change/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%24111+at+Piper+Sandler/25891132.html Piper Sandler analyst Matthew Clark lowered the price target on Preferred Bank (NASDAQ: PFBC) to $111.00 (from $121.00) while maintaining a Overweight rating. http://www.streetinsider.com/Analyst+PT+Change/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%24111+at+Piper+Sandler/25891132.html Mon, 26 Jan 2026 09:05:50 -0500 PFBC http://www.streetinsider.com/Analyst+PT+Change/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%2493+at+Stephens/25890878.html (Updated - January 26, 2026 8:51 AM EST) <p>Stephens analyst Andrew Terrell lowered the price target on Preferred Bank (NASDAQ: PFBC) to $93.00 (from $105.00) while maintaining a Equal Weight rating.</p><p>The analyst commented: "PFBC reported Op. EPS of $2.78 vs. our $2.56 and Street’s $2.73 with PPNR of $53.7 mil. coming in +5.6% to us and +2.4% to Street. Following the quarter, our ‘27E Op. EPS moves +2.5% to $11.01. Despite the beat and positive revision, shares are off -12% vs. KRE (-15.6% absolute) since reporting results, predominantly on a significant lift in criticized loans (from $151.0 mil., to $248.5 mil.) http://www.streetinsider.com/Analyst+PT+Change/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%2493+at+Stephens/25890878.html Mon, 26 Jan 2026 08:51:09 -0500 PFBC http://www.streetinsider.com/Analyst+Comments/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%2493+at+Stephens/25890878.html (Updated - January 26, 2026 8:51 AM EST) <p>Stephens analyst Andrew Terrell lowered the price target on Preferred Bank (NASDAQ: PFBC) to $93.00 (from $105.00) while maintaining a Equal Weight rating.</p><p>The analyst commented: "PFBC reported Op. EPS of $2.78 vs. our $2.56 and Street’s $2.73 with PPNR of $53.7 mil. coming in +5.6% to us and +2.4% to Street. Following the quarter, our ‘27E Op. EPS moves +2.5% to $11.01. Despite the beat and positive revision, shares are off -12% vs. KRE (-15.6% absolute) since reporting results, predominantly on a significant lift in criticized loans (from $151.0 mil., to $248.5 mil.) http://www.streetinsider.com/Analyst+Comments/Preferred+Bank+%28PFBC%29+PT+Lowered+to+%2493+at+Stephens/25890878.html Mon, 26 Jan 2026 08:51:09 -0500 PFBC http://www.streetinsider.com/Earnings/Preferred+Bank+%28PFBC%29+Tops+Q4+EPS+by+6c/25878557.html <p>Preferred Bank (NASDAQ: PFBC) reported Q4 EPS of $2.79, $0.06 better than the analyst estimate of $2.73. Revenue for the quarter came in at $78.07 million versus the consensus estimate of $74.54 million.</p><p>For earnings history and earnings-related data on Preferred Bank (PFBC) <a href="http://www.streetinsider.com/ec_earnings.php?q=PFBC">click here</a>.</p> http://www.streetinsider.com/Earnings/Preferred+Bank+%28PFBC%29+Tops+Q4+EPS+by+6c/25878557.html Thu, 22 Jan 2026 08:08:23 -0500 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html <p>LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- <strong>Preferred Bank (NASDAQ: PFBC)</strong>, one of the larger independent California banks, today reported results for the quarter ended December 31, 2025. Preferred Bank (“the Bank”) reported net income of $34.8 million or $2.79 per diluted share for the fourth quarter of 2025. This represents a decrease in net income of $1.1 million from the prior quarter and an increase of $4.6 million over the same quarter last year. The increase compared to last year was primarily due to an occupancy charge of $8.1 million recorded in the fourth quarter of http://www.streetinsider.com/Press+Releases/Preferred+Bank+Reports+Fourth+Quarter+Results/25878459.html Thu, 22 Jan 2026 08:00:00 -0500 A.29755135 A.50204954 O.00001719 O.00169792 O.00642159 PFBC