Preferred Bank (NASDAQ:PFBC) will announce earnings results before market open, following a disappointing quarter with revenue missing by 5.5% and net interest income and EPS estimates also falling short. Analysts expect revenue to grow 1.9% to $70.82 million this quarter, with adjusted earnings at $2.43 per share. Peers like Texas Capital Bank and Nicolet Bankshares have reported strong results, with positive sentiment in the regional banks segment. Preferred Bank is up 13.8% in the last month and has an average analyst price target of $93.75. Learn more about the impact of generative AI on large corporations and a semiconductor stock pick. StockStory is hiring equity analyst and marketing roles.

Read more at StockStory Communications: Preferred Bank (PFBC) Reports Q2 Results Tomorrow