Preferred Bank Declares $0.80 Quarterly Dividend

Preferred Bank (NASDAQ: PFBC) announced on September 16, 2026, that its Board of Directors has declared a quarterly cash dividend of $0.80 per share. The payment is scheduled for October 19, 2026, with shareholders of record on October 5, 2026, eligible to receive the distribution.

As one of the larger independent commercial banks headquartered in California, Preferred Bank continues to operate across a multi-state footprint. The institution holds a California state charter and offers FDIC-insured deposits, servicing commercial and consumer clients from Los Angeles and regional branches.

Dividend Payment Schedule Confirmed

The declared dividend represents a standard quarterly cash distribution to equity holders. The specific dates establish the record date as October 5, 2026, determining which investors are entitled to the payout. The actual funds will be disbursed on October 19, 2026, completing the standard settlement cycle for the quarter.

This action reflects the bank's ongoing commitment to returning capital to shareholders while maintaining operational stability. The consistency of the payout aligns with the financial profile of a well-established regional lender focused on sustainable growth and liquidity management.

California-Based Commercial Lending Focus

Preferred Bank’s business model centers on personalized deposit services and specialized lending products. The bank provides real estate finance, commercial loans, and trade finance solutions targeted at small and mid-sized businesses, entrepreneurs, and real estate developers.

Originally founded to serve the Chinese-American community, the institution has expanded its customer base to include a diversified mainstream market. It continues to benefit from demographic migration trends in California, serving high-net-worth individuals and professionals across its branch network.

Multi-State Branch Network Operations

The bank operates from its main Los Angeles office and maintains thirteen full-service branches within California. These locations include Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco.

Beyond California, Preferred Bank extends its reach through branches in Cupertino, New York City (Manhattan and Flushing, Queens), and Sugar Land, Texas. This geographic diversification supports the bank's strategy of serving a broad commercial and consumer client base across key metropolitan areas.