Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- Preferred Bank reported $71.57 million in revenue, a 1.5% decline year-over-year. - EPS for the quarter was $2.44, compared to $2.61 a year ago. - Company beat revenue and EPS estimates, with an Efficiency Ratio of 28%. - Key metrics monitored include Net Interest Margin, Net charge-offs, and Interest-Earning Assets. - Shares of Preferred Bank returned -0.5% over the past month, with a Zacks Rank #3. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Preferred Bank reported $71.57 million in revenue, a 1.5% decline year-over-year.
- EPS for the quarter was $2.44, compared to $2.61 a year ago.
- Company beat revenue and EPS estimates, with an Efficiency Ratio of 28%.
- Key metrics monitored include Net Interest Margin, Net charge-offs, and Interest-Earning Assets.
- Shares of Preferred Bank returned -0.5% over the past month, with a Zacks Rank #3.
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