Preferred Bank, headquartered in Los Angeles, California, is a leading provider of a range of commercial banking products and services in the United States. The company caters to small and mid-sized businesses, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. Its product portfolio includes checking, savings, and money market deposit accounts, fixed-rate and fixed maturity retail and non-retail certificates of deposit, and individual retirement accounts. The bank also offers real estate mortgage loans secured by various properties, including retail, industrial, office, special purpose, and residential single and multi-family properties, commercial loans, and SBA loans. Furthermore, Preferred Bank provides trade finance services, such as commercial and export letters of credit, import lines of credit, and documentary collections, among others. The bank also offers high-wealth banking services to wealthy individuals residing in the Pacific Rim area, remote deposit capture, bill pay, treasury management, and internet and mobile banking services. Additionally, it provides various banking services to physicians, accountants, attorneys, business managers, and other professionals, along with safe deposit boxes, account reconciliation, courier service, and cash management services to manufacturing, service, and distribution companies. The company was established in 1991 and continues to serve its clients with excellence.
Preferred Bank's ticker is PFBC
The company's shares trade on the NASDAQ stock exchange
They are based in Los Angeles, California
There are 51-200 employees working at Preferred Bank
It is preferredbank.com
Preferred Bank is in the Financial sector
Preferred Bank is in the Regional - Pacific Banks industry
The following five companies are Preferred Bank's industry peers: