The earnings call highlighted several positive outcomes such as increased net income, loan growth, and improved asset quality. However, challenges persist with flat deposit growth, unresolved OREO property issues, and broader economic uncertainties. Despite these challenges, the overall sentiment leans towards being cautiously optimistic.

Company Guidance

During the Preferred Bank Second Quarter 2025 Earnings Conference Call, management reported a net income of $32.8 million, translating to $2.52 per share, reflecting an improvement from the previous quarter. The bank experienced a 7% annualized loan growth, although deposits remained flat. The net interest margin improved to 3.85% from 3.75% in the prior quarter. A significant stock buyback of $56 million was executed at around $80 per share, with an additional $125 million authorization approved but not yet utilized due to current share pricing. The bank's asset quality showed improvement, with declines in nonaccrual, criticized, and past-due loans. The cost of deposits in June was 3.41%, with $1.4 billion in CDs set to roll off in Q3 at a rate of 4.21%. Operating expenses were slightly elevated this quarter due to OREO costs, with expectations to stabilize between $21.8 million and $22.6 million in subsequent quarters. The bank also highlighted the opening of a new branch in Manhattan, with plans to open another in Silicon Valley later in the year. Despite the favorable financial metrics, management expressed caution due to ongoing economic uncertainties such as tariffs and inflation.

Net Income Increase

Preferred Bank's second quarter net income was $32.8 million, or $2.52 per share, showing a reasonable improvement from the previous quarter.

Loan Growth

Loan growth of roughly 7% on an annualized basis was achieved in the second quarter.

Asset Quality Improvement

There was a decrease in nonaccrual loans, criticized loans, and past due loans compared to the previous quarter, indicating improved asset quality.

Net Interest Margin Improvement

Net interest margin increased from 3.75% in the previous quarter to 3.85%.

Stock Buyback

The bank executed a substantial stock buyback worth $56 million, at an average price of $80-$81 per share.

Manhattan Branch Success

The newly opened Manhattan branch has shown promising loan generation performance.

Preferred Bank (PFBC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PFBC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 15, 2025	2025 (Q3)	2.57 / -	2.46	―	―	―
Jul 21, 2025	2025 (Q2)	2.43 / 2.52	2.48	1.61% (+0.04)	―
Apr 25, 2025	2025 (Q1)	2.34 / 2.23	2.44	-8.61% (-0.21)	―
Jan 27, 2025	2024 (Q4)	2.39 / 2.57	2.6	-1.04% (-0.03)	―
Oct 21, 2024	2024 (Q3)	2.37 / 2.46	2.71	-9.23% (-0.25)	―
Jul 25, 2024	2024 (Q2)	2.39 / 2.48	2.61	-4.98% (-0.13)	―
Apr 23, 2024	2024 (Q1)	2.38 / 2.44	2.866	-14.86% (-0.43)	―
Jan 24, 2024	2023 (Q4)	2.54 / 2.60	2.71	-4.06% (-0.11)	―
Oct 17, 2023	2023 (Q3)	2.56 / 2.71	2.4	12.92% (+0.31)	―
Jul 19, 2023	2023 (Q2)	2.45 / 2.61	1.87	39.57% (+0.74)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PFBC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 21, 2025	$92.61	$97.01	+4.75%
Apr 25, 2025	$85.28	$79.47	-6.81%
Jan 27, 2025	$85.00	$86.09	+1.28%
Oct 21, 2024	$81.11	$79.46	-2.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Preferred Bank (PFBC) report earnings?

Preferred Bank (PFBC) is schdueled to report earning on Oct 15, 2025, After Close (Confirmed).

What is Preferred Bank (PFBC) earnings time?

Preferred Bank (PFBC) earnings time is at Oct 15, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PFBC EPS forecast?

PFBC EPS forecast for the fiscal quarter 2025 (Q3) is 2.57.

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