Diamond Bar, California

Preferred Bank Announces Director Departure

Retrieved on: 
Wednesday, May 11, 2022

LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced that Ms. Shirley Wang, Director has tendered her resignation from the Banks Board of Directors.

Key Points: 
  • LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced that Ms. Shirley Wang, Director has tendered her resignation from the Banks Board of Directors.
  • Li Yu, Chairman and CEO, commented, On behalf of the Board of Directors, we regretfully accept Ms. Wangs resignation and we thank her for her three years of service and guidance to Preferred Bank.
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Preferred Bank Announces 2022 First Quarter Earnings Release and Conference Call

Retrieved on: 
Tuesday, April 5, 2022

LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the first quarter ended March 31, 2022 after the close of market on Tuesday, April 19, 2022.

Key Points: 
  • LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the first quarter ended March 31, 2022 after the close of market on Tuesday, April 19, 2022.
  • On the following day, Wednesday, April 20, 2022, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific).
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Preferred Bank Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, March 16, 2022

LOS ANGELES, March 16, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.43 per share, payable on April 21, 2022 to holders of record on April 7, 2022.

Key Points: 
  • LOS ANGELES, March 16, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.43 per share, payable on April 21, 2022 to holders of record on April 7, 2022.
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.
  • 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.

Preferred Bank Announces 2021 Fourth Quarter Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 12, 2022

LOS ANGELES, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended December 31, 2021 after the close of market on Wednesday, January 19, 2022.

Key Points: 
  • LOS ANGELES, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended December 31, 2021 after the close of market on Wednesday, January 19, 2022.
  • On the following day, Thursday, January 20, 2022, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific).
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Preferred Bank Increases Quarterly Cash Dividend

Retrieved on: 
Wednesday, December 22, 2021

LOS ANGELES, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.43 per share, payable on January 21, 2022 to holders of record on January 7, 2022.

Key Points: 
  • LOS ANGELES, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.43 per share, payable on January 21, 2022 to holders of record on January 7, 2022.
  • This dividend represents an increase of 13.2% over the previous dividend level of $0.38 per share.
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Joint Statement Of San Gabriel Valley Leaders On The Dilution Of The AAPI Community In Draft Redistricting Maps

Retrieved on: 
Monday, November 22, 2021

The draft maps split West San Gabriel Valley cities (WSGV) and East San Gabriel Valley (ESGV) cities with significant AAPI populations into multiple congressional districts.

Key Points: 
  • The draft maps split West San Gabriel Valley cities (WSGV) and East San Gabriel Valley (ESGV) cities with significant AAPI populations into multiple congressional districts.
  • In these drafted commission maps, the AAPI community would face an uphill battle to elect a representative from their own community and reverse four decades of progress by community coalitions and partnerships.
  • A burgeoning AAPI community is identifiable in ESGV by retail plazas with AAPI businesses, AAPI churches and temples, and AAPI language schools.
  • As the deadline to finalize redistricting maps approaches, we strongly urge the California Citizens Redistricting Commission to right this wrong in the next release of draft maps and protect the right of both the WSGV AAPI community and the ESGV AAPI community to political representation.

Preferred Bank Announces 2021 Third Quarter Earnings Release and Conference Call

LOS ANGELES, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the third quarter ended September 30, 2021 after the close of market on Wednesday, October 20, 2021.

Key Points: 
  • LOS ANGELES, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the third quarter ended September 30, 2021 after the close of market on Wednesday, October 20, 2021.
  • On the following day, Thursday, October 21, 2021, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific).
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Preferred Bank Announces Quarterly Cash Dividend

LOS ANGELES, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.38 per share.

Key Points: 
  • LOS ANGELES, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.38 per share.
  • The dividend is payable on October 21, 2021 to holders of record on October 7, 2021.
  • Preferred Bank (the Bank) is one of the larger independent commercial banks headquartered in California.
  • Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.

Liferay Recognized as a Leader in the 2021 Gartner Magic Quadrant for Digital Experience Platforms

Retrieved on: 
Monday, February 1, 2021

LOS ANGELES, CA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Liferay, Inc., which makes software that helps companies create digital experiences on web, mobile, and connected devices, today announced that Gartner has recognized the company as a Leader in the Magic Quadrant for Digital Experience Platforms* for the eleventh year.

Key Points: 
  • LOS ANGELES, CA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Liferay, Inc., which makes software that helps companies create digital experiences on web, mobile, and connected devices, today announced that Gartner has recognized the company as a Leader in the Magic Quadrant for Digital Experience Platforms* for the eleventh year.
  • It is an honor to be recognized as a Leader in the Gartner Magic Quadrant for Digital Experience Platforms for over a decade, said Ed Chung, Vice President of Global Product Management at Liferay.
  • According to Gartner, DXPs act as centers of gravity in complex, extensive and interconnected technology stacks to increase the impact of a digital presence.
  • To read a complimentary copy of the 2021 Gartner Magic Quadrant for Digital Experience Platforms, please visit: https://www.liferay.com/company/gartner/magic-quadrant-digital-experienc...
    *Gartner Magic Quadrant for Digital Experience Platforms by Irina Guseva, Mick MacComascaigh, Mike Lowndes, 26 January 2021.

Liferay to Deliver Enterprise-Grade Digital Experiences to the IBM Cloud for Financial Services

Retrieved on: 
Thursday, December 17, 2020

We are excited to help onboard Liferay DXP to the IBM Cloud for Financial Services, said Evaristus Mainsah, General Manager, Cloud, Cloud Pak and Edge Ecosystem, IBM.

Key Points: 
  • We are excited to help onboard Liferay DXP to the IBM Cloud for Financial Services, said Evaristus Mainsah, General Manager, Cloud, Cloud Pak and Edge Ecosystem, IBM.
  • Liferay is joining the IBM Cloud for Financial Services ecosystem, an initiative to help Independent Software Vendor (ISV) and Software-as-a-service (SaaS) partners accelerate transactions with financial services institutions.
  • The IBM Cloud for Financial Services is designed to help address financial services institutions requirements for their regulatory compliance, security, and resiliency.
  • Liferay will join the IBM Cloud for Financial Services ecosystem to provide financial institutions a secured way to leverage its DXP, commerce, and analytics offerings.