Description: Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, 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 comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and small business administration loans. 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 operates through full-service branch offices in the California counties of Los Angeles, Orange and San Francisco; Flushing, New York; Houston suburb of Sugar Land, Texas; and a satellite office in Manhattan, New York. The company was incorporated in 1991 and is headquartered in Los Angeles, California.
Home Page: www.preferredbank.com
601 South Figueroa Street
Los Angeles,
CA
90017
United States
Phone:
213 891 1188
Officers
| Name | Title |
|---|---|
| Mr. Li Yu | Chairman, CEO & Corporate Secretary |
| Mr. Wellington Chen | President & COO |
| Mr. Edward J. Czajka | Executive VP & CFO |
| Mr. Nick Pi | Executive VP & Chief Credit Officer |
| Mr. Johnny Hsu | Executive VP & Deputy COO |
| Mr. Robert J. Kosof | Executive Vice President of Commercial Lending |
| Ms. Sandy Ho | Executive VP & Regional Manager |
| Ms. Stella Chen | Senior Vice President |
| Erika Chi | Executive Vice President |
| Mr. Ted Hsu | Executive Vice President |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Banks |
| GIC Industry: | Banks |
| GIC Sub-Industry: | Regional Banks |
| Forward PE: | 9.4518 |
|---|---|
| Trailing PE: | 9.3849 |
| Price-to-Book MRQ: | 1.6471 |
| Price-to-Sales TTM: | 4.5494 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 300 |