Preferred Bank Revenue and Competitors

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$37M

Total Funding

Estimated Revenue & Valuation

Preferred Bank's estimated annual revenue is currently $179.9M per year.(i)
Preferred Bank received $77.0M in venture funding in June 2010.
Preferred Bank's estimated revenue per employee is $762,500
Preferred Bank's total funding is $37M.
Preferred Bank's current valuation is $1.2B. (January 2022)

Employee Data

Preferred Bank has 236 Employees.(i)
Preferred Bank grew their employee count by 7% last year.

Preferred Bank's People

Name	Title	Email/Phone
1 William Ko	VP	Reveal Email/Phone
2 Carol Lee	First VP	Reveal Email/Phone
3 Ken Tang	First VP	Reveal Email/Phone
4 Dora Lau	Relationship Manager, First VP	Reveal Email/Phone
5 Karen Cangey	First VP, Human Resources	Reveal Email/Phone
6 Barbara Gordon	VP	Reveal Email/Phone
7 Elsa Chen	First VP	Reveal Email/Phone
8 Tiffany Clyne	First VP	Reveal Email/Phone
9 Sean Ruger	VP	Reveal Email/Phone
10 Isabella Li	First VP	Reveal Email/Phone

Preferred Bank Competitors & AlternativesAdd Company

Competitor Name	Revenue	Number of Employees	Employee Growth	Total Funding	Valuation
#1 EverTrust Bank	$10.6M	56	4%	N/A	N/A
#2 SAFE 1 CREDIT U...	$6.9M	41	5%	N/A	N/A
#3 Monterey Credit...	$7.4M	44	7%	N/A	N/A
#4 Pacific City Ba...	$93.6M	139	2%	N/A	N/A
#5 CSMC Mortgage	$8.4M	50	2%	N/A	N/A
#6 Bluepoint Mortg...	$12.5M	66	14%	N/A	N/A
#7 Altura Credit U...	$68.6M	297	6%	N/A	N/A
#8 WE Lending	$10.4M	55	12%	N/A	N/A
#9 California Coas...	$152.5M	581	N/A	N/A	N/A
#10 BankCard Servic...	$21.8M	104	1%	N/A	N/A

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What Is Preferred Bank?

Preferred Bank is one of the larger independent commercial banks in California with a niche in the Chinese-American Market. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. We conduct our banking business from our main office in Los Angeles, California, and through ten full-service branch banking offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Anaheim, Pico Rivera and San Francisco, California. We offer a broad range of deposit and loan products and services to both commercial and consumer customers. These consist of customized deposit services and an integrated cash management program as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia. With total assets at $1.8 billion as of March 31, 2014, Preferred Bank is also a member of the Federal Home Loan Bank of San Francisco. The Bank's common stock is listed on the NASDAQ stock market under the ticker symbol PFBC.

keywords:Banking,Finance

$37M

Total Funding

236

Number of Employees

$179.9M

Revenue (est)

Employee Growth %

$1.2B

Valuation

N/A

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