Preferred Bank is a financial institution that provides a wide range of banking services primarily to businesses, professionals, and individuals within the community. The bank focuses on offering commercial banking products such as loans, deposits, and treasury management services, catering to the unique needs of its clientele. With an emphasis on relationship banking, Preferred Bank strives to deliver personalized service and support for its customers’ financial goals. The bank also engages in various investment activities, aiming to enhance its growth and profitability while maintaining a commitment to community involvement and responsible banking practices. Read More
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Over the last six months, Preferred Bank’s shares have sunk to $80.84, producing a disappointing 11.4% loss while the S&P 500 was flat. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Companies Reporting Before The Bell • Goldman Sachs Gr (NYSE:GS) is projected to report quarterly earnings at $5.31 per share on revenue of $11.14 billion.
Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
