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Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Earnings Call InsightsFinancials Preferred Bank sees Q4 noninterest expense at $23M-$24M as deposit market stays 'very, very competitive' Oct 23, 2026, 4:18 PM ETPreferred Bank (PFBC) StockAI-Generated Earnings Calls Insights Earnings Call Insights: Preferred Bank (PFBC) Q3 2026 Management View "Preferred Bank's third quarter net income was $32.9 million or $2.73 per share." (Chairman, CEO & Corporate Secretary Li Yu) "This quarter was negatively affected by a $2.1 million recovery of Seeking Alpha's Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights The very competitive deposit market is pressuring deposit costs, with customers shifting to higher-yield alternatives like Treasuries, impacting overall deposit growth and cost management. Risks include unexpected loan payoffs, delayed loan fundings, and slow legal processes preventing timely resolution of criticized and nonaccrual loans due to court bottlenecks. Management expects the net interest margin to benefit if interest rates rise due to the bank being asset-sensitive. Noninterest expenses are projected between $23 and $24 million for next quarter, with emphasis on deposit-cost discipline. Recommended For You
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