Preferred Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	428	427.77	445.14	412.51	269.01	200.54
Interest Income on Investments	56.63	58.69	63.96	65.48	25.37	10.5
Total Interest Income	484.64	486.46	509.1	477.99	294.38	211.04
Interest Paid on Deposits	198.82	205.69	231.17	179.5	41.72	18.83
Interest Paid on Borrowings	13.83	9.95	5.3	9.12	5.3	6.33
Total Interest Expense	212.65	215.64	236.47	188.61	47.02	25.16
Net Interest Income	271.99	270.82	272.63	289.37	247.36	185.88
Net Interest Income Growth	0.73%	-0.66%	-5.79%	16.99%	33.08%	6.73%
Gain (Loss) on Sale of Investments	0.66	0.13	-	-5.05	0.3	-3.46
Other Non-Interest Income	15.07	12.66	9.73	8.07	6.84	6.23
Total Non-Interest Income	20.88	19.52	13.57	7.11	9.86	4.24
Non-Interest Income Growth	38.62%	43.89%	90.71%	-27.88%	132.59%	829.82%
Revenues Before Loan Losses	292.87	290.34	286.19	296.49	257.22	190.12
Provision for Loan Losses	9	9.1	12.1	10	7.35	-1
Revenue	283.87	281.24	274.09	286.49	249.87	191.12
Revenue Growth	2.01%	2.61%	-4.33%	14.65%	30.74%	28.60%
Salaries and Employee Benefits	47.86	46.24	44.43	45.5	40.2	33.49
Occupancy Expenses	4.21	3.89	4.22	3.35	3.26	3.06
Selling, General & Administrative	25.64	24.97	30.16	16.11	18.48	18.29
Other Non-Interest Expense	11.99	9.65	9.02	8.33	5.92	2.45
Total Non-Interest Expense	93.79	91.69	90.06	76.63	70.67	57.29
EBT Excluding Unusual Items	190.08	189.55	184.03	209.85	179.2	133.83
Pretax Income	190.08	189.55	184.03	209.85	179.2	133.83
Income Tax Expense	57.62	55.92	53.37	59.81	50.35	38.59
Net Income	132.45	133.63	130.66	150.04	128.85	95.24
Preferred Dividends & Other Adjustments	-	-	-	-	0	0.01
Net Income to Common	132.45	133.63	130.66	150.04	128.84	95.23
Net Income Growth	2.65%	2.27%	-12.91%	16.45%	35.30%	37.47%
Basic Shares Outstanding	12	13	13	14	15	15
Diluted Shares Outstanding	12	13	14	14	15	15
Shares Change	-6.39%	-5.29%	-4.96%	-3.70%	-0.38%	-0.13%
EPS (Basic)	11.04	10.61	9.79	10.64	8.84	6.41
EPS (Diluted)	10.82	10.41	9.64	10.52	8.70	6.41
EPS Growth	9.61%	7.99%	-8.37%	20.92%	35.81%	37.76%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	3.200	3.050	2.850	2.350	1.840	1.570
Dividend Growth	6.67%	7.02%	21.28%	27.72%	17.20%	30.83%
Effective Tax Rate	30.32%	29.50%	29.00%	28.50%	28.10%	28.83%

SEC Filings: 10-K · 10-Q