Preferred Bank (NASDAQ:PFBC) reported quarterly earnings of $2.46 per share which beat the analyst consensus estimate of $2.37 by 3.8 percent. The company reported quarterly sales of $68.848 million which beat the analyst consensus estimate of $65.882 million by 4.50 percent. This is a 5.63 percent decrease over sales of $72.954 million the same period last year.