Los Angeles, United States
Preferred Bank is a Californian-based independent commercial bank that has been operating since 1991. With over $6.0 billion in total assets, the bank offers a wide range of banking products and services, including commercial real estate loans, business loans, treasury management, and consumer banking services. It prides itself on its outstanding financial performance, exceptional relationship banking services, and its significant contribution to the community's prosperity and its clients' success.
Ranked as the best performing community bank in the U.S. in its asset size in 2019 and the best performing community bank in California in its asset size in 2020 by S&P Global Market Intelligence, Preferred Bank has gained recognition for its excellence in the financial industry.
With its headquarters in the United States and locations across Southern California, the San Francisco Bay Area, New York, and a Loan Production Office in Houston, TX, the bank has established a significant presence in key financial markets. As an investor, it is worth keeping an eye on Preferred Bank's continued growth and performance, given its strong market positioning and consistent accolades in the industry.
