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Premier Financial Corp. - PFC STOCK NEWS

Welcome to our dedicated page for Premier Financial news (Ticker: PFC), a resource for investors and traders seeking the latest updates and insights on Premier Financial stock.

Premier Financial Corp. (symbol: PFC) is a reputable financial holding company headquartered at 601 Clinton St, Defiance, Ohio, United States. Operating as a community banking and financial services corporation, Premier Financial Corp. delivers a comprehensive range of financial solutions through its subsidiaries.

The company’s core offerings include checking accounts, savings accounts, certificates of deposit, real estate mortgage loans, commercial loans, consumer loans, home equity loans, and trust and wealth management services. Premier Financial Corp. is dedicated to providing personalized and community-focused financial services, making it a significant player in the financial industry within its operational regions.

Recent achievements highlight the company’s continual growth and strong financial health. Premier Financial Corp. has formed strategic partnerships and launched several successful projects, further cementing its commitment to delivering exceptional financial services. The company’s robust financial condition is reflected in its proactive measures and strategic initiatives aimed at ensuring sustainable growth and shareholder value.

With a customer-centric approach, Premier Financial Corp. remains focused on enhancing its product offerings and expanding its reach. Current projects include the development of innovative banking solutions and expanding digital banking services to ensure seamless and efficient customer experiences. The company’s dedication to excellence and community engagement positions it as a trusted financial partner in the industry.

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Premier Financial Corp. (PFC) reported a net income of $26.4 million for Q1 2022, down from $41.0 million in Q1 2021. Excluding PPP, loans increased by $132.4 million, marking a 10.1% annualized growth. Net interest income rose to $58.1 million, up 2.4% YoY. However, non-interest income fell significantly to $16.9 million, primarily due to a decline in mortgage banking income. Asset quality improved, with non-performing assets at 0.63%. The company declared a dividend of $0.30 per share, up 15.4% from the prior year.

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Premier Financial Corp. (NASDAQ: PFC) is set to release its first quarter results on April 26, after market close. The earnings report will be available on the company’s investor relations website at www.PremierFinCorp.com. A conference call with executive management to discuss the results will occur on April 27 at 11:00 a.m. ET, accessible via phone or listen-only online at this link. The replay will be available for a year on the website.

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Premier Financial Corp. (Nasdaq: PFC) reported a 4Q 2021 net income of $25.3 million ($0.69 per share), down from $30.8 million ($0.82 per share) in 4Q 2020. Full-year net income reached $126.1 million ($3.39 per share), significantly higher than $63.1 million ($1.75 per share) in 2020. Loan growth excluding PPP increased by 9% annualized, with commercial loans rising by 10%. The board declared a 7% dividend increase to $0.30 per share, payable on February 18, 2022. Total assets reached $7.48 billion with improved asset quality metrics.

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Premier Financial Corp. (NASDAQ: PFC) announced the appointment of Nikki Lanier, JD, to its Board of Directors, effective January 24, 2022. Lanier, founder and CEO of Harper Slade, brings over 25 years of leadership experience in banking, labor law, and human resources. Previously, she served as Senior VP at the Federal Reserve Bank of St. Louis. Lanier will serve on the Compensation and Risk committees, adding valuable perspective to the board as expressed by Executive Chairman Don Hileman and CEO Gary Small.

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Premier Financial Corp. (Nasdaq: PFC) will report its fourth quarter and year-end results on January 25, after market close. A conference call for discussing these results is scheduled for January 26 at 11:00 a.m. ET, accessible via phone at 1-844-200-6205 or through a live internet stream. The earnings release will be available on their investor relations website. Premier Financial operates banks and insurance services across several states, including Ohio, Michigan, and Indiana.

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Premier Financial Corp. (Nasdaq: PFC) reported a net income of $28.4 million in Q3 2021, up 10.5% from the previous year. Earnings per share increased to $0.76. Excluding PPP loans, loan growth was 5.1%, fueled by strong commercial activity. Net interest income rose to $57.0 million, while the net interest margin improved to 3.38%. Non-interest income decreased to $18.3 million, influenced by a decline in mortgage banking. The company also announced a 27% increase in dividend to $0.28 per share.

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Premier Financial Corp. (Nasdaq: PFC) plans to release its third quarter financial results on October 28, 2021, after market close. The earnings news will be accessible on their investor relations website. A conference call hosted by Executive Management is scheduled for October 29, 2021, at 11:00 a.m. ET, allowing investors to discuss the results. The call can be accessed via phone or online. A replay will be available for a year on their website.

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Premier Financial Corp. (PFC) reported second quarter 2021 net income of $31.4 million, up from $29.1 million a year prior, representing $0.84 per diluted share. Year-to-date net income reached $72.4 million, significantly higher than $6.6 million in the same period in 2020. The increase was attributed to solid loan growth and recovery in provisions, despite a decrease in net interest margin to 3.34%. Non-interest income fell to $17.5 million from $23 million a year earlier. Total assets grew to $7.59 billion, while total deposits remained robust at $6.29 billion. A quarterly dividend of $0.27 per share is set for August 27, 2021.

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Premier Financial Corp. (Nasdaq: PFC) will announce its second quarter results on July 29, 2021, post-market. The earnings release will be accessible on its investor relations website and major financial platforms.

An investor conference call is scheduled for July 30, 2021, at 11:00 a.m. ET, where executive management will discuss the results. Interested parties can join via phone or through an internet link.

For additional information, the replay will be available on their website for one year, and copies of the earnings release can be requested by phone.

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Premier Financial Corp. (Nasdaq: PFC) reported impressive first quarter 2021 results, marking a net income of $41.0 million or $1.10 per diluted share, a significant improvement from a net loss of $22.5 million in Q1 2020. This turnaround is attributed to the acquisition of United Community Financial Corp. and a $7.0 million provision credit. The company also declared a quarterly dividend of $0.26 per share, effective May 14, 2021, reflecting an 18% increase year to date. Total assets grew to $7.53 billion, with deposits rising by 27.2% year-over-year.

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FAQ

What is the current stock price of Premier Financial (PFC)?

The current stock price of Premier Financial (PFC) is $27.82 as of November 18, 2024.

What is the market cap of Premier Financial (PFC)?

The market cap of Premier Financial (PFC) is approximately 1.0B.

What services does Premier Financial Corp. offer?

Premier Financial Corp. offers checking accounts, savings accounts, certificates of deposit, real estate mortgage loans, commercial loans, consumer loans, home equity loans, and trust and wealth management services.

Where is Premier Financial Corp. located?

Premier Financial Corp. is located at 601 Clinton St, Defiance, Ohio, United States.

What is the stock symbol for Premier Financial Corp.?

The stock symbol for Premier Financial Corp. is PFC.

What is the primary market for Premier Financial Corp.?

Premier Financial Corp. operates primarily as a community banking and financial services corporation.

What recent achievements has Premier Financial Corp. made?

Premier Financial Corp. has formed strategic partnerships and launched successful projects, demonstrating continual growth and a strong financial condition.

How does Premier Financial Corp. ensure customer satisfaction?

Premier Financial Corp. is focused on enhancing product offerings and expanding digital banking services to provide seamless and efficient customer experiences.

Is Premier Financial Corp. expanding its services?

Yes, Premier Financial Corp. is working on developing innovative banking solutions and expanding its digital banking services.

What type of loans does Premier Financial Corp. provide?

Premier Financial Corp. provides real estate mortgage loans, commercial loans, consumer loans, and home equity loans.

What are Premier Financial Corp.'s trust and wealth management services?

These services include managing trusts and providing comprehensive wealth management solutions to help clients achieve their financial goals.

Why is Premier Financial Corp. considered a trusted financial partner?

Premier Financial Corp. is dedicated to excellence, community engagement, and delivering personalized financial services, making it a reliable partner in the financial industry.

Premier Financial Corp.

Nasdaq:PFC

PFC Rankings

PFC Stock Data

1.01B
35.84M
2.09%
69.12%
1.78%
Banks - Regional
State Commercial Banks
Link
United States of America
DEFIANCE