“Preferred Bank Stocks in Q4: Minimal Impact Expected from LA Wildfires”
Preferred Bank Q4 2024 Results: Impact of One-Off Rental Expense: In the fourth quarter of 2024, Preferred Bank, a U.S. regional bank known for its expertise in mortgage lending, faced a setback due to a one-time rental expense. This unexpected cost had a negative impact on the bank’s financial performance for the quarter. Outlook for…