Preferred Bank Projects Q4 Expenses of $23 Million to $24 Million
Photo: TokenPost
Preferred Bank expects noninterest expense of $23 million to $24 million in the fourth quarter of 2026, above its third-quarter total. Deposits rose 1.2% in Q3, while the bank’s chief executive said deposit competition and market conditions were likely to continue into 2027. Chief Financial Officer Edward Czajka gave the forecast during the bank’s earnings call Friday, Oct. 23, which began at 2 p.m. ET (18:00 UTC). “On a go-forward basis, I would say for Q4, look for somewhere between $23 million and $24 million,” Czajka said.
Source: TokenPost
