Preferred Bank reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was USD 289.37 million compared to USD 247.36 million a year ago. Net income was USD 150.04 million compared to USD 128.85 million a year ago.

Basic earnings per share from continuing operations was USD 10.64 compared to USD 8.84 a year ago. Diluted earnings per share from continuing operations was USD 10.52 compared to USD 8.7 a year ago.