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	Jun '26 Jun 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	432.13	427.77	445.14	412.51	269.01	200.54
Interest Income on Investments	58.67	58.69	63.96	65.48	25.37	10.5
Total Interest Income	490.8	486.46	509.1	477.99	294.38	211.04
Interest Paid on Deposits	201.71	205.69	231.17	179.5	41.72	18.83
Interest Paid on Borrowings	12.5	9.95	5.3	9.12	5.3	6.33
Total Interest Expense	214.22	215.64	236.47	188.61	47.02	25.16
Net Interest Income	276.59	270.82	272.63	289.37	247.36	185.88
Net Interest Income Growth	3.38%	-0.66%	-5.79%	16.99%	33.08%	6.73%
Gain (Loss) on Sale of Investments	0.23	0.13	-	-5.05	0.3	-3.46
Other Non-Interest Income	14.16	12.66	9.73	8.07	6.84	6.23
Total Non-Interest Income	19.55	19.52	13.57	7.11	9.86	4.24
Non-Interest Income Growth	31.61%	43.89%	90.71%	-27.88%	132.59%	829.82%
Revenues Before Loan Losses	296.14	290.34	286.19	296.49	257.22	190.12
Provision for Loan Losses	9.5	9.1	12.1	10	7.35	-1
Revenue	286.64	281.24	274.09	286.49	249.87	191.12
Revenue Growth	4.27%	2.61%	-4.33%	14.65%	30.74%	28.60%
Salaries and Employee Benefits	49.65	46.24	44.43	45.5	40.2	33.49
Occupancy Expenses	2.65	3.89	4.22	3.35	3.26	3.06
Selling, General & Administrative	25.08	24.97	30.16	16.11	18.48	18.29
Other Non-Interest Expense	11.28	9.65	9.02	8.33	5.92	2.45
Total Non-Interest Expense	93.13	91.69	90.06	76.63	70.67	57.29
EBT Excluding Unusual Items	193.51	189.55	184.03	209.85	179.2	133.83
Pretax Income	193.51	189.55	184.03	209.85	179.2	133.83
Income Tax Expense	58.07	55.92	53.37	59.81	50.35	38.59
Net Income	135.45	133.63	130.66	150.04	128.85	95.24
Preferred Dividends & Other Adjustments	-	-	-	-	0	0.01
Net Income to Common	135.45	133.63	130.66	150.04	128.84	95.23
Net Income Growth	7.09%	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	-7.00%	-5.29%	-4.96%	-3.70%	-0.38%	-0.13%
EPS (Basic)	11.16	10.61	9.79	10.64	8.84	6.41
EPS (Diluted)	10.95	10.41	9.64	10.52	8.70	6.41
EPS Growth	15.19%	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	Jun '26 Jun 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	3.150	3.050	2.850	2.350	1.840	1.570
Dividend Growth	6.78%	7.02%	21.28%	27.72%	17.20%	30.83%
Effective Tax Rate	30.01%	29.50%	29.00%	28.50%	28.10%	28.83%

SEC Filings: 10-K · 10-Q