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Enter Symbol:
 
Preferred Bank (PFBC) [hlAlert]

Rating:
Buy PFBC
up 176.33 %

Preferred Bank (PFBC) rated Buy by B. Riley

Posted on: Thursday,  Jul 26, 2012  11:25 AM ET by B. Riley

B. Riley rated Buy Preferred Bank (NASDAQ: PFBC) on 07/26/2012, when the stock price was $11.07. Since
then, Preferred Bank has gained 176.33% as of 10/05/2015's recent price of $30.59.
If you would have followed this B. Riley's recommendation on PFBC, you would have gained 176.33% of your investment in 1166 days.

Preferred Bank (the Bank) is an independent commercial bank in California focusing on the Chinese-American market. The Bank provides personalized deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net worth individuals. It provides a range of deposit and loan products and services to customers primarily in categories, such as real estate financing, middle market business, international travel finance, private banking and professionals. The Bank conducts banking business from its office in downtown Los Angeles, California and 12 full-service branch banking offices in Los Angeles, Orange and San Bernardino Counties. It markets its services and conducts its business primarily in Los Angeles, Orange, Ventura, Riverside and San Bernardino counties.

B. Riley'research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2012 11:25 AM Buy
None
11.07
as of 12/31/2012
1 Week up  0.99 %
1 Month up  4.79 %
3 Months up  0.14 %
1 YTD up  28.27 %

(*) Stock Price at the time of the recommendation.
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