Preferred Bank Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings

Preferred Bank (NASDAQ:PFBC) reported better-than-expected earnings for the second quarter on Monday.

The company posted quarterly earnings of $2.52 per share which beat the analyst consensus estimate of $2.42 per share. The company reported quarterly sales of $66.87 million which beat the analyst consensus estimate of $66.72 million.

Li Yu, Chairman and CEO, commented, “We are pleased to report our results for the second quarter of 2025. We recorded net income of $32.8 million or $2.52 per fully diluted share. This quarter we had an increase in our loan portfolio of 1.8% (linked ...