Wednesday, May 05, 2010 1:21:45 PM
I do not think catering to the Asian American businesses is a problem. I live in Southern California and this is the capital of Chinese imports. Just about everything we buy these days comes from China and it comes through Long Beach and San Pedro (Los Angeles). Preferred bank makes loans and issues Letters of Credit for these business, which is their core business.
I also have some more local information. We have here in Riverside one of the main railroad tracks back East. Before the recession, we had a 110 freight car rumble through our town every half hour. I was always getting stopped by trains. The trains really dropped off in late 2009 and now the trains are starting to pick up again. (Riverside is preparing to dig a tunnel under the railroad tracks on our main drag.)
I just did a Vector Vest analysis on Preferred Bank they stated it was a buy. Another company says a strong buy.
I am really excited about this company. I think their problems are almost behind them and I expect dividends by the first of the year.
Recent PFBC News
- CORRECTION – Preferred Bank Announces Quarterly Cash Dividend • GlobeNewswire Inc. • 03/20/2024 09:51:38 PM
- Preferred Bank Announces Quarterly Cash Dividend • GlobeNewswire Inc. • 03/20/2024 08:05:00 PM
- Preferred Bank Reports Quarterly and Annual Results • GlobeNewswire Inc. • 01/24/2024 09:01:48 PM
- Preferred Bank Announces Continuation of Share Repurchase Plan • GlobeNewswire Inc. • 01/09/2024 09:01:37 PM
- Preferred Bank Announces 2023 Fourth Quarter Earnings Release and Conference Call • GlobeNewswire Inc. • 01/08/2024 05:29:58 PM
- Preferred Bank Announces Increased Cash Dividend • GlobeNewswire Inc. • 12/13/2023 09:01:31 PM
- Preferred Bank Reports Quarterly Earnings • GlobeNewswire Inc. • 10/17/2023 08:04:19 PM
- Keep An Eye Out: Pre-Market Movers And Analyst Recommendations • IH Market News • 10/17/2023 10:34:10 AM
- Preferred Bank Announces 2023 Third Quarter Earnings Release and Conference Call • GlobeNewswire Inc. • 10/06/2023 01:30:19 PM
- Preferred Bank Announces Quarterly Cash Dividend • GlobeNewswire Inc. • 09/20/2023 04:44:33 PM
- Preferred Bank Reports Quarterly Earnings • GlobeNewswire Inc. • 07/19/2023 08:01:33 PM
- Preferred Bank Announces 2023 Second Quarter Earnings Release and Conference Call • GlobeNewswire Inc. • 07/06/2023 08:05:00 PM
- Preferred Bank Announces Quarterly Cash Dividend • GlobeNewswire Inc. • 06/21/2023 08:01:35 PM
- Preferred Bank Announces Share Repurchase Plan • GlobeNewswire Inc. • 06/12/2023 12:30:37 PM
- Preferred Bank Opens Houston Office • GlobeNewswire Inc. • 05/31/2023 12:30:27 PM
- Preferred Bank Reports Quarterly Earnings • GlobeNewswire Inc. • 04/18/2023 08:04:14 PM
- Preferred Bank Announces 2023 First Quarter Earnings Release and Conference Call • GlobeNewswire Inc. • 04/11/2023 12:30:42 PM
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