Preferred Bank: Q4 Earnings Insights

Preferred Bank (NASDAQ:PFBC) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Preferred Bank beat estimated earnings by 2.36%, reporting an EPS of $2.6 versus an estimate of $2.54.

Revenue was down $4.72 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 4.45% drop in the share price the next day.

Here's a look at Preferred Bank's past performance:

To track all earnings releases for Preferred Bank visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.