Preferred Bank Management
Management criteria checks 3/4
Preferred Bank's CEO is Li Yu, appointed in Jan 1993, has a tenure of 31.25 years. total yearly compensation is $4.80M, comprised of 20% salary and 80% bonuses, including company stock and options. directly owns 5.58% of the company’s shares, worth $57.51M. The average tenure of the management team and the board of directors is 14.4 years and 20.3 years respectively.
Key information
Li Yu
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 20.0% |
| CEO tenure | 31.3yrs |
| CEO ownership | 5.6% |
| Management average tenure | 14.4yrs |
| Board average tenure | 20.3yrs |
Recent management updates
Recent updates
Preferred Bank Still Remains A Solid Prospect
Mar 12If EPS Growth Is Important To You, Preferred Bank (NASDAQ:PFBC) Presents An Opportunity
Nov 16
Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?
Jul 22Preferred Bank (NASDAQ:PFBC) Has Announced That It Will Be Increasing Its Dividend To $0.55
Mar 31Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?
Mar 10Preferred Bank (NASDAQ:PFBC) Will Pay A Larger Dividend Than Last Year At $0.55
Dec 19Preferred Bank declares $0.43 dividend
Sep 22Preferred Bank: Expect A Substantial Net Interest Margin Increase In Q3
Sep 02Here's Why We Think Preferred Bank (NASDAQ:PFBC) Might Deserve Your Attention Today
Jul 21Preferred Bank GAAP EPS of $1.87 beats by $0.08, revenue of $59.02M beats by $1.91M
Jul 20Preferred Bank: Strong Loan Book, Conservative Underwriting Policy
Jun 01Is Now The Time To Put Preferred Bank (NASDAQ:PFBC) On Your Watchlist?
Apr 04Preferred Bank Offers An Attractive Mix Of Loan Growth, Efficiency, And Rate Leverage
Feb 02Here's Why I Think Preferred Bank (NASDAQ:PFBC) Is An Interesting Stock
Sep 24With A Total Return Of 71%, It's Time To Say Goodbye To Preferred Bank
May 28Trade Alert: The Independent Director Of Preferred Bank (NASDAQ:PFBC), Wayne Wu, Has Sold Some Shares Recently
Mar 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$145m |
| Dec 31 2023 | n/a | n/a | US$150m |
| Sep 30 2023 | n/a | n/a | US$154m |
| Jun 30 2023 | n/a | n/a | US$151m |
| Mar 31 2023 | n/a | n/a | US$141m |
| Dec 31 2022 | US$5m | US$958k | US$129m |
| Sep 30 2022 | n/a | n/a | US$116m |
| Jun 30 2022 | n/a | n/a | US$107m |
| Mar 31 2022 | n/a | n/a | US$100m |
| Dec 31 2021 | US$5m | US$950k | US$95m |
| Sep 30 2021 | n/a | n/a | US$90m |
| Jun 30 2021 | n/a | n/a | US$81m |
| Mar 31 2021 | n/a | n/a | US$74m |
| Dec 31 2020 | US$4m | US$950k | US$69m |
| Sep 30 2020 | n/a | n/a | US$68m |
| Jun 30 2020 | n/a | n/a | US$71m |
| Mar 31 2020 | n/a | n/a | US$75m |
| Dec 31 2019 | US$5m | US$950k | US$78m |
| Sep 30 2019 | n/a | n/a | US$77m |
| Jun 30 2019 | n/a | n/a | US$75m |
| Mar 31 2019 | n/a | n/a | US$72m |
| Dec 31 2018 | US$5m | US$946k | US$70m |
| Sep 30 2018 | n/a | n/a | US$59m |
| Jun 30 2018 | n/a | n/a | US$55m |
| Mar 31 2018 | n/a | n/a | US$49m |
| Dec 31 2017 | US$5m | US$916k | US$43m |
Compensation vs Market: Li's total compensation ($USD4.80M) is above average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: Li's compensation has been consistent with company performance over the past year.
CEO
Li Yu (82 yo)
31.3yrs
Tenure
US$4,799,183
Compensation
Mr. Li Yu founded Preferred Bank and has been its Chairman since December 1991 and has been its Chief Executive Officer since 1993 and served as its President from 1993 to August 22, 2012. He serves as Cor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31.3yrs | US$4.80m | 5.58% $ 57.5m | |
| President & COO | 12.7yrs | US$1.71m | 0.19% $ 2.0m | |
| Executive VP & CFO | 17.9yrs | US$1.07m | 0.24% $ 2.5m | |
| Executive VP & Chief Credit Officer | 8.8yrs | US$971.15k | 0.018% $ 183.9k | |
| Executive VP & Deputy COO | 6.3yrs | US$844.35k | 0.058% $ 599.4k | |
| Executive Vice President of Commercial Lending | 16.2yrs | US$476.86k | no data | |
| Executive VP & Regional Manager | no data | US$169.42k | no data | |
| Senior Vice President | no data | US$172.26k | no data | |
| Executive Vice President | no data | no data | no data | |
| Executive Vice President | no data | no data | no data | |
| Executive Vice President | no data | no data | no data | |
| Executive Vice President | no data | no data | no data |
14.4yrs
Average Tenure
62yo
Average Age
Experienced Management: PFBC's management team is seasoned and experienced (14.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.3yrs | US$4.80m | 5.58% $ 57.5m | |
| Independent Director | 21.3yrs | US$170.62k | 0.14% $ 1.5m | |
| Independent Director | 10.8yrs | US$149.79k | 0.033% $ 342.3k | |
| Independent Director | 33.3yrs | US$165.46k | 0.24% $ 2.5m | |
| Independent Director | 11.4yrs | US$137.62k | 0.22% $ 2.3m | |
| Independent Director | 29.3yrs | US$160.12k | 0.59% $ 6.0m | |
| Independent Vice Chairman of the Board | 19.3yrs | US$159.46k | 0.86% $ 8.9m | |
| Independent Director | 5.1yrs | US$157.12k | 0.062% $ 636.8k |
20.3yrs
Average Tenure
68.5yo
Average Age
Experienced Board: PFBC's board of directors are seasoned and experienced ( 20.3 years average tenure).