Preferred Bank Reports Higher Q4 Net Income

Preferred Bank (PFIB) reported a rise in net income for the fourth quarter of 2025, driven by higher interest income and improved loan performance. The bank posted net income of $31.8 million, up from $27.6 million in the same period last year, reflecting a 15.2% year-over-year increase. The results were supported by a 9.4% growth in total interest income to $145.2 million, fueled by rising rates and a larger earning asset base. Non-interest expenses rose modestly to $58.4 million, up 3.7% from $56.3 million in Q4 2024. Loan loss provisions declined to $1.2 million from $2.8 million, indicating stronger credit quality. Total assets stood at $10.2 billion as of December 31, 2025, an increase from $9.8 billion a year earlier. Preferred Bank's return on average assets reached 0.31%, compared to 0.28% in Q4 2024. The bank’s shares traded up 2.1% following the earnings release on January 22, 2026.