Founded in 1991 and headquartered in Los Angeles, CA, Preferred Bank is a commercial bank that primarily serves the financial needs of small to medium-sized businesses within the greater Los Angeles area. The bank offers a range of services, including commercial banking products, real estate loans, and treasury management solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PFBC 3.38% 2031-06-15 USDPreferred Bank (Los Angeles, CA) | United States | 2031-06-15 | 3.375 | 6.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Preferred Bank has been actively issuing bonds since its inception, with a notable focus on capital-raising initiatives to support its robust growth strategy. In recent years, the bank has offered various bond series, including its inaugural bond issuance in 2004, which helped to expand its lending capabilities. Current yields on Preferred Bank's bonds are competitive within the industry, reflecting investor confidence and a solid credit rating, bolstered by the bank's strategic management and sound financial health.