Preferred Bank
NASDAQ:PFBC
Preferred Bank
Cash Interest Paid
Preferred Bank
Cash Interest Paid Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Cash Interest Paid | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Preferred Bank
NASDAQ:PFBC
|
Cash Interest Paid
$219.2m
|
CAGR 3-Years
114%
|
CAGR 5-Years
29%
|
CAGR 10-Years
39%
|
||
PNC Financial Services Group Inc
NYSE:PNC
|
Cash Interest Paid
$12.8B
|
CAGR 3-Years
180%
|
CAGR 5-Years
28%
|
CAGR 10-Years
31%
|
||
M&T Bank Corp
NYSE:MTB
|
Cash Interest Paid
$4.2B
|
CAGR 3-Years
211%
|
CAGR 5-Years
42%
|
CAGR 10-Years
32%
|
||
Truist Financial Corp
NYSE:TFC
|
Cash Interest Paid
$11.4B
|
CAGR 3-Years
137%
|
CAGR 5-Years
43%
|
CAGR 10-Years
31%
|
||
Fifth Third Bancorp
NASDAQ:FITB
|
Cash Interest Paid
$5B
|
CAGR 3-Years
114%
|
CAGR 5-Years
29%
|
CAGR 10-Years
28%
|
||
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
Cash Interest Paid
$4.9B
|
CAGR 3-Years
365%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Preferred Bank
Glance View
Preferred Bank, founded in 1991 and headquartered in Los Angeles, California, has carved out a niche as a leading player catering to the financial needs of middle-market businesses and high-net-worth individuals. The bank's roots reflect its strategic focus on relationship banking, emphasizing personalized service and tailored solutions. This approach distinguishes Preferred Bank from larger institutions, as it thrives on its ability to offer flexibility and rapid decision-making. With a concentration in commercial real estate and business lending, Preferred's operations are heavily tied to the dynamic economic ecosystem of Southern California. Its agility in meeting the complex demands of its clients is bolstered by a team of seasoned banking professionals who offer bespoke financial strategies, seamlessly blending traditional banking services with a forward-thinking approach to addressing financial complexities. In terms of its business model, Preferred Bank capitalizes on its robust loan portfolio, which consists largely of real estate, commercial, and personal loans, generating interest income, which is its primary revenue stream. By maintaining a disciplined risk management framework, the bank balances loan growth with asset quality, ensuring profitability while safeguarding its financial health. Additionally, the bank earns significant non-interest income through banking services such as cash management and foreign exchange services, which serve the dual purpose of enhancing client relationships and diversifying revenue streams. As a public company, Preferred Bank leverages its solid financial performance and regional expertise to attract investors, underscoring its commitment to growth and shareholder value. In navigating the competitive and regulatory financial landscape, Preferred Bank's targeted lending approach and regional expertise continue to underpin its success in delivering consistent financial results.
See Also
What is Preferred Bank's Cash Interest Paid?
Cash Interest Paid
219.2m
USD
Based on the financial report for Sep 30, 2024, Preferred Bank's Cash Interest Paid amounts to 219.2m USD.
What is Preferred Bank's Cash Interest Paid growth rate?
Cash Interest Paid CAGR 10Y
39%
Over the last year, the Cash Interest Paid growth was 49%. The average annual Cash Interest Paid growth rates for Preferred Bank have been 114% over the past three years , 29% over the past five years , and 39% over the past ten years .