KBW Lowers PFBC Estimates

KBW is lowering its 2011 estimate on Preferred Bank

to $(0.10) from $(0.05) before the quarter. “We are also lowering our 2012 estimate to $0.05 from $0.10,” KBW writes. “We are leaving our 2013 EPS estimate unchanged at $0.10.” Preferred Bank closed Tuesday at $1.65.