Preferred Bank
Price
Key statistics
- Forward rate
- $3.20
- Yield
- 3.12%
- Payout ratio
- 35.91%
- Frequency
- Quarterly
- 2026-10-05$0.80
Preferred Bank is a California-based commercial bank that provides a range of personal, business, and commercial banking services. Its offerings include checking and savings accounts, certificates of deposit, treasury management, electronic banking, debit and credit cards, and lending solutions tailored to individuals, entrepreneurs, real estate professionals, and small to mid-sized businesses. The bank also serves clients with real estate financing, business loans, consumer credit, and trade finance facilities. With a focus on relationship-based banking, Preferred Bank supports deposit gathering, cash management, and credit needs across its core California market and selected business communities. Founded in 1991 and headquartered in Los Angeles, Preferred Bank operates as an independent regional lender with a strong emphasis on practical banking services for depositors and commercial borrowers.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- Mr. Li Yu
- Employees
- 324
- Headquarters
- Los Angeles, CA, United States
- Website
- www.preferredbank.com