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Preferred Bank

Preferred Bank provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; commercial loans, including lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and small business administration loans for business purposes, such as owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing, export financing, and bills purchase programs. Further, it provides cash management services; and internet, mobile, and tablet banking services. The company was incorporated in 1991 and is headquartered in Los Angeles, California.

Market Cap

$1.2B

Volume

95.5K

Cash and Equivalents

$789.8M

EBITDA

N/A

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$286.6M

Profit Margin

N/A

52 Week High

$112.26

52 Week Low

$81.50

Dividend

3.10%

Price / Book Value

1.54

Price / Earnings

9.44

Price / Tangible Book Value

1.54

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$198.0M

Return on Equity

17.58%

Return on Assets

1.80

Cash and Short Term Investments

$789.8M

Debt

$382.1M

Equity

$793.5M

Revenue

$286.6M

Unlevered FCF

N/A

Sector

Banks

Category

N/A

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