Preferred Bank
NASDAQ:PFBC
Preferred Bank
Pre-Tax Income
Preferred Bank
Pre-Tax Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Pre-Tax Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Preferred Bank
NASDAQ:PFBC
|
Pre-Tax Income
$191.6m
|
CAGR 3-Years
15%
|
CAGR 5-Years
12%
|
CAGR 10-Years
17%
|
||
PNC Financial Services Group Inc
NYSE:PNC
|
Pre-Tax Income
$6.4B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
6%
|
CAGR 10-Years
1%
|
||
M&T Bank Corp
NYSE:MTB
|
Pre-Tax Income
$3.1B
|
CAGR 3-Years
7%
|
CAGR 5-Years
3%
|
CAGR 10-Years
7%
|
||
Truist Financial Corp
NYSE:TFC
|
Pre-Tax Income
-$7.3B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Fifth Third Bancorp
NASDAQ:FITB
|
Pre-Tax Income
$2.8B
|
CAGR 3-Years
-7%
|
CAGR 5-Years
0%
|
CAGR 10-Years
3%
|
||
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
Pre-Tax Income
$3.6B
|
CAGR 3-Years
70%
|
CAGR 5-Years
44%
|
CAGR 10-Years
36%
|
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 Pre-Tax Income?
Pre-Tax Income
191.6m
USD
Based on the financial report for Sep 30, 2024, Preferred Bank's Pre-Tax Income amounts to 191.6m USD.
What is Preferred Bank's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
17%
Over the last year, the Pre-Tax Income growth was -11%. The average annual Pre-Tax Income growth rates for Preferred Bank have been 15% over the past three years , 12% over the past five years , and 17% over the past ten years .