Preferred Bank (PFBC)

Preferred Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	427.77	445.14	412.51	269.01	200.54
Interest Income on Investments	58.69	63.96	65.48	25.37	10.5
Total Interest Income	486.46	509.1	477.99	294.38	211.04
Interest Paid on Deposits	205.69	231.17	179.5	41.72	18.83
Interest Paid on Borrowings	9.95	5.3	9.12	5.3	6.33
Total Interest Expense	215.64	236.47	188.61	47.02	25.16
Net Interest Income	270.82	272.63	289.37	247.36	185.88
Net Interest Income Growth (YoY)	-0.66%	-5.79%	16.99%	33.08%	6.73%
Gain (Loss) on Sale of Investments	0.13	-6.93	-15.94	-7.55	-3.46
Other Non-Interest Income	12.66	9.73	8.07	6.84	6.23
Total Non-Interest Income	19.52	6.64	-3.79	2.02	4.24
Non-Interest Income Growth (YoY)	194.18%	-	-	-52.43%	829.82%
Revenues Before Loan Losses	290.34	279.26	285.59	249.38	190.12
Provision for Loan Losses	9.1	12.1	10	7.35	-1
Revenue	281.24	267.16	275.59	242.03	191.12
Revenue Growth (YoY)	5.27%	-3.06%	13.87%	26.64%	28.60%
Salaries and Employee Benefits	56.43	44.43	45.5	40.2	33.49
Occupancy Expenses	9.29	4.22	3.35	3.26	3.06
Selling, General & Administrative	9.39	30.16	16.11	18.48	18.29
Other Non-Interest Expense	9.65	2.09	-2.57	-1.92	2.45
Total Non-Interest Expense	91.69	83.13	65.74	62.83	57.29
EBT Excluding Unusual Items	189.55	184.03	209.85	179.2	133.83
Pretax Income	189.55	184.03	209.85	179.2	133.83
Income Tax Expense	55.92	53.37	59.81	50.35	38.59
Net Income	133.63	130.66	150.04	128.85	95.24
Preferred Dividends & Other Adjustments	-	-	-	0	0.01
Net Income to Common	133.63	130.66	150.04	128.84	95.23
Net Income Growth	2.27%	-12.91%	16.45%	35.28%	37.10%
Basic Shares Outstanding	13	13	14	15	15
Diluted Shares Outstanding	13	14	14	15	15
Shares Change (YoY)	-5.29%	-4.96%	-3.70%	-0.38%	-0.13%
EPS (Basic)	10.61	9.79	10.64	8.84	6.41
EPS (Diluted)	10.41	9.64	10.52	8.70	6.41
EPS Growth	7.99%	-8.37%	20.92%	35.81%	37.76%
Dividend Per Share	3.050	2.850	2.350	1.840	1.570
Dividend Growth	7.02%	21.28%	27.72%	17.20%	30.83%
Effective Tax Rate	29.50%	29.00%	28.50%	28.10%	28.83%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

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