About Preferred Bank
Preferred Bank is a publicly listed company based in Los Angeles (United States) founded in 1991. Commercial banking services are provided to businesses and individuals. The company has 323 employees. Its website preferredbank.com draws about 17 thousand monthly visits. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Preferred Bank was established in 1991 in Los Angeles, United States, as a commercial bank focused on the financial sector. Operations are centered on deposit accounts, commercial loans, and treasury management services for small to mid-sized businesses. The bank maintains its headquarters in Los Angeles and extends services across California and select U.S. regions, adhering to standard regulatory frameworks for community-oriented banking.
- Headquarters Los Angeles, United States
- Employees 323
- Stage Public
- SectorsFinancial Services
- Phone•••• ••••
- Website preferredbank.com
- Social LinkedIn Instagram YouTube
- Legal Name Preferred Bank
- Annual Revenue$499.04 M (USD)as on Dec 31, 2025
- Net Profit$133.63 M (USD)2.27as on Dec 31, 2025
- Latest Funding Round$20.18M (USD), Post-IPO
Jul 2016
- Employee Count323
Apps and channels of Preferred Bank
Preferred Bank publishes 1 mobile app with over 100 downloads; its YouTube channel Preferred Bank has 19 subscribers and 13 videos.
Videos from Preferred Bank
The most watched videos on Preferred Bank's YouTube channel, Preferred Bank (19 subscribers). Click a video to play it here.
More on Preferred Bank.
Funding Insights of Preferred Bank
- Total Rounds 2
- Last Round Post-IPO — $20.18M
- First Round $77M
(Jun 2010)
All 2 funding rounds of Preferred Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $20.18M | Post-IPO | – | – | – |
| Jun 2010 | $77M | Post-IPO | – | – | – |
People of Preferred Bank
72 people are tracked at Preferred Bank (40 in leadership, 32 in team); the tracked headcount is 323.
| Name | Role | Group |
|---|---|---|
Jenny Own | Senior Vice President, Deputy Chief Risk Officer | Leadership |
Li Yu | Chief Executive Officer | Leadership |
Jang Yoon (Jay) | VP & Portfolio Manager | Leadership |
Louise Ho | Vice President, Credit Administration Officer | Leadership |
Michael Nagai | Vice President, Information Security Officer, And Commercial Banking Officer | Leadership |
Neel Joseph | Vp, Compliance Officer | Leadership |
Wellington Chen | President & Chief Operating Officer | Leadership |
Stuart Keirle | Exective Business Development Director | Leadership |
Johnny Hsu | Evp, Deputy Chief Operating Officer | Leadership |
Vivian Yun | VP Of Human Resources | Leadership |
Lupe Quintana | Vice President/manager | Leadership |
Edward Czajka | Evp/cfo | Leadership |
Rainie du | Vice President Commercial Banking | Leadership |
John Wong | Vice President - Core Banking And Product Development | Leadership |
Arlene Stubbe | First Vice President / Senior Underwriting Officer | Leadership |
Jim Belanic | Senior Vice President/group Manager | Leadership |
Charles Park | Vp, SBA Portfolio Manager | Leadership |
Wayne Chow | Senior Vice President / Manager / Credit Administration | Leadership |
Dora Lau | Relationship Manager, First Vice President | Leadership |
Sean Ruger | Vice President | Leadership |
52 more people are available in the full profile.
Complete people profiles for Preferred Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Preferred Bank
Preferred Bank is a publicly listed company on the NASDAQ with ticker symbol PFBC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Apr 1998
- Listed onNASDAQ: PFBC
- Listed entityPreferred Bank
- Exchange sectorFinance
- ISINUS7403674044
- Share price$102.56 (-0.76% on the day) · 2026-10-13
- Market capitalisation$1.22B
- Price to earnings9.4
- EPS (diluted, trailing year)$10.95
- Dividend yield3.05%
- Volume (last session)82,247
Financials of Preferred Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $499.0M | $133.6M | |
| 2024 | $520.4M | $130.7M | |
| 2023 | $481.8M | $150.0M | |
| 2022 | $301.4M | $128.8M | |
| 2021 | $218.8M | $95.2M |
Detailed financial statements for Preferred Bank
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Preferred Bank
4 dated milestones of Preferred Bank across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Preferred Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $77.0M.
- Funding Latest funding round, Post-IPO, of $20.2M.
Competitors of Preferred Bank
Preferred Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Preferred Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Preferred Bank
The website of Preferred Bank (preferredbank.com) receives about 16.7K visits a month.
- Monthly visits16.7K
▲ 25.3% vs previous month
Websites whose visitors overlap most with Preferred Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| calprivate.bank | 100% | 9.7K | #1,720,482 | View details | |
communitysouth.com | communitysouth.com | 92% | – | ||
| pacificcommercebank.com | 89% | View details | |||
web17.secureinternetbank.com | web17.secureinternetbank.com | 86% | – | ||
1stbk.com | 1stbk.com | 85% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Preferred Bank
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Related news about Preferred Bank
Complete news archive for Preferred Bank
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Frequently Asked Questions about Preferred Bank
Preferred Bank was founded in 1991 and raised its 1st funding round 19 years after it was founded.
Preferred Bank is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Preferred Bank has 323 employees.
Annual revenue of Preferred Bank is $499.04M as on Dec 31, 2025.
Preferred Bank was established in 1991 in Los Angeles, United States, as a commercial bank focused on the financial sector. Operations are centered on deposit accounts, commercial loans, and treasury management services for small to mid-sized businesses. The bank maintains its headquarters in Los Angeles and extends services across California and select U.S. regions, adhering to standard regulatory frameworks for community-oriented banking.
Preferred Bank's top competitors include Truist, Citi and Equity Bank.
Yes, Preferred Bank is publicly traded on NASDAQ under the ticker symbol PFBC.
Preferred Bank operates through Preferred Bank.
Yes. Preferred Bank publishes Preferred Bank mRDC, with over 100 downloads.