Equity Overview
Price & Market Data
Price: $80.13
Daily Change: -$5.85 / 7.30%
Range: $78.30 - $85.70
Market Cap: $1,061,185,600
Volume: 296,362
Performance Metrics
1 Week: -1.11%
1 Month: -6.44%
3 Months: -6.87%
6 Months: -5.09%
1 Year: 4.15%
YTD: -7.24%
Company Details
Employees: 323
Sector: Finance
Industry: Regional banks
Country: United States
Details
Preferred Bank provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; commercial loans, including lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and small business administration loans for business purposes, such as owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, and bills purchase programs. Further, it provides cash management services; and internet, mobile, and tablet banking services. The company was incorporated in 1991 and is headquartered in Los Angeles, California.