Preferred Bank LA - PFBC

This bank offers banking to consumers and businesses, including commercial, international and real estate lending solutions. It operates in Southern California.

Any other investors in this company?

Personally I’ve been searching for undervalued, boring-sounding companies with great balance sheets and fundamentals recently.

My thesis is that in a rising interest rate environment, well-positioned banks will prosper due to being able to charge higher rates on what they loan out compared to what they pay on people’s savings accounts.