Preferred Bank (PFBC) Tops Q3 EPS by 4c
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Preferred Bank Reports Third Quarter Results
October 19, 2015 4:45 PM EDTLOS ANGELES, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended September 30, 2015. Preferred Bank ("the Bank") reported net income of $7.9 million or $0.57 per diluted share for the third quarter of 2015. Â This compares to net income of $6.4 million or $0.46 per diluted share for the third quarter of 2014 and compares to net income of $7.6 million or $0.55 per diluted share for the second quarter of 2015.
Highlights from the third quarter of 2015:
Linked quarter loan growth was $87.3 million, or 5.0%... MorePreferred Bank Reports Third Quarter Results
October 19, 2015 4:45 PM EDTLOS ANGELES, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), an independent commercial bank focusing on the diversified California market, today reported results for the quarter ended September 30, 2015. Preferred Bank ("the Bank") reported net income of $7.9 million or $0.57 per diluted share for the third quarter of 2015. Â This compares to net income of $6.4 million or $0.46 per diluted share for the third quarter of 2014 and compares to net income of $7.6 million or $0.55 per diluted share for the second quarter of 2015.
Highlights from the third quarter of 2015:
Linked quarter loan growth was $87.3 million, or 5.0%... More