Earnings Call Summary | Preferred Bank(PFBC.US) Q2 2024 Earnings Conference
Earnings Call Summary | Preferred Bank(PFBC.US) Q2 2024 Earnings Conference
The following is a summary of the Preferred Bank (PFBC) Q2 2024 Earnings Call Transcript:
以下是保富銀行(PFBC) 2024年第二季度業績會交流摘要:
Financial Performance:
金融業績：
Preferred Bank reported Q2 2024 net income of $33.6 million, or $2.48 per share.
The bank witnessed an annualized loan growth of 8% and deposit growth of 5%.
There was a charge-off of $9 million, primarily related to fully reserved loans from the previous quarter.
保富銀行報告了2024年第二季度淨利潤爲3360萬美元，每股收益爲2.48美元。
銀行觀察到8%的貸款增長和5%的存款增長。
上個季度全額列爲壞賬準備金的貸款是主要原因，該銀行有一個900萬美元的核銷。
Business Progress:
業務進展：
Preferred Bank implemented a stock buyback program, repurchasing $72.5 million of common stock and aiming for reapproval to buy back the remaining $77.5 million.
The bank maintains a steady course in non-interest expense and income, with no significant future changes anticipated.
Efforts to decrease asset sensitivity of the balance sheet are nearing optimal levels.
保富銀行實施了回購計劃，回購7250萬美元的普通股，並旨在重新獲得批准收購剩下的7750萬美元。
銀行在非利息支出和收入方面保持穩定，未預計發生任何重大未來變化。
降低資產負債表的資產敏感性的努力已接近最佳水平。
Opportunities:
機會：
Potential interest rate relief is anticipated, which is expected not to significantly affect future income statements.
預計會有潛在的利率減免，這不會對未來的收入報表產生重大影響。
Risks:
風險：
There was an increase in non-performing loans by $22 million, though deemed fully reserved or adequately collateralized.
Concerns over managing the transition from floating to fixed-rate loans in a fluctuating interest rate environment.
雖然被認爲是全額列爲壞賬準備金或擁有足夠抵押品，但不良貸款增加了2200萬美元。
管理從浮動利率貸款向固定利率貸款的轉變在波動的利率環境中的擔憂。
More details: Preferred Bank IR
更多詳情：保富銀行IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章內容的準確性無法完全保證。有關更全面的詳細信息，請參閱IR網站。本文只是爲投資者提供參考，沒有任何指導或推薦建議。