Preferred Bank Q3 Earnings, Revenue Fall

MT Newswires Live10-21 20:30

Preferred Bank (PFBC) reported Q3 earnings Monday of $2.46 per diluted share, down from $2.71 a year earlier.

Analysts polled by Capital IQ expected $2.37.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $72.3 million, down from $75.9 million a year earlier.

Four analysts surveyed by Capital IQ expected $69.2 million.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment