Preferred Bank (PFBC)

Preferred Bank Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	433.08	445.14	412.51	269.01	200.54	203.09
Interest Income on Investments	57.17	63.96	65.48	25.37	10.5	11.17
Total Interest Income	490.25	509.1	477.99	294.38	211.04	214.26
Interest Paid on Deposits	216.33	231.17	179.5	41.72	18.83	33.98
Interest Paid on Borrowings	6.37	5.3	9.12	5.3	6.33	6.12
Total Interest Expense	222.7	236.47	188.61	47.02	25.16	40.11
Net Interest Income	267.55	272.63	289.37	247.36	185.88	174.15
Net Interest Income Growth (YoY)	-3.40%	-5.79%	16.99%	33.08%	6.73%	5.78%
Gain (Loss) on Sale of Investments	-6.93	-6.93	-15.94	-7.55	-3.46	-6.37
Other Non-Interest Income	11.35	9.73	8.07	6.84	6.23	5.18
Total Non-Interest Income	7.93	6.64	-3.79	2.02	4.24	0.46
Non-Interest Income Growth (YoY)	1121.26%	-	-	-52.43%	829.82%	-74.09%
Revenues Before Loan Losses	275.48	279.26	285.59	249.38	190.12	174.61
Provision for Loan Losses	7.5	12.1	10	7.35	-1	26
Revenue	267.98	267.16	275.59	242.03	191.12	148.61
Revenue Growth (YoY)	1.62%	-3.06%	13.87%	26.64%	28.60%	-8.80%
Salaries and Employee Benefits	46.03	44.43	45.5	40.2	33.49	30.67
Occupancy Expenses	4.16	4.22	3.35	3.26	3.06	3.13
Selling, General & Administrative	31.76	30.16	16.11	18.48	18.29	17.78
Other Non-Interest Expense	2.19	2.09	-2.57	-1.92	2.45	0.17
Total Non-Interest Expense	89.22	83.13	65.74	62.83	57.29	51.75
EBT Excluding Unusual Items	178.76	184.03	209.85	179.2	133.83	96.86
Pretax Income	178.76	184.03	209.85	179.2	133.83	96.86
Income Tax Expense	52.29	53.37	59.81	50.35	38.59	27.39
Net Income	126.48	130.66	150.04	128.85	95.24	69.47
Preferred Dividends & Other Adjustments	-	-	-	0	0.01	0.19
Net Income to Common	126.48	130.66	150.04	128.84	95.23	69.27
Net Income Growth	-10.36%	-12.91%	16.45%	35.28%	37.10%	-11.36%
Basic Shares Outstanding	13	13	14	15	15	15
Diluted Shares Outstanding	13	14	14	15	15	15
Shares Change (YoY)	-3.45%	-4.96%	-3.70%	-0.38%	-0.13%	-1.16%
EPS (Basic)	9.67	9.79	10.64	8.84	6.41	4.65
EPS (Diluted)	9.51	9.64	10.52	8.70	6.41	4.65
EPS Growth	-7.21%	-8.37%	20.92%	35.81%	37.76%	-9.88%
Dividend Per Share	2.950	2.850	2.350	1.840	1.570	1.200
Dividend Growth	11.32%	21.28%	27.72%	17.20%	30.83%	-
Effective Tax Rate	29.25%	29.00%	28.50%	28.10%	28.83%	28.28%

Updated Jul 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q