Premier Financial Corp - PFC STOCK NEWS

Premier Financial Corp. (PFC) reported a strong third quarter 2022, with net income of $28.2 million, or $0.79 per diluted share, compared to $28.4 million, or $0.76 per share, in the same quarter of 2021. Loan growth surged by $300.9 million (19.9% annualized), while customer deposits rose by $146.3 million (9.0% annualized). The net interest income increased to $63.5 million, a 7.1% rise from the previous quarter. The company declared a quarterly dividend of $0.30 per share, marking a 7.1% increase from last year. The asset quality improved, with non-performing loans down 4.6%.

Premier Financial Corp. (NASDAQ: PFC) will report its third quarter results on October 25, after the market closes. A conference call to discuss these results is scheduled for October 26 at 11:00 a.m. ET, accessible via phone or listen-only online mode. Interested parties can find the earnings news release and additional information on the company’s investor relations website. Premier Financial serves multiple states through its bank and insurance subsidiaries.

Premier Financial Corp. (Nasdaq: PFC) reported strong second quarter results for 2022, with loan growth of $494.1 million (35.7% annualized) and deposit growth of $199.1 million (12.6% annualized). Net interest income reached $59.3 million, a 2.1% increase from Q1 2022. However, net income fell to $22.4 million ($0.63 per share), down from $31.4 million ($0.84 per share) year-over-year, mainly due to a higher provision for credit losses. The company declared a quarterly dividend of $0.30 per share, representing an 11.1% increase from the prior year.

Premier Financial Corp. (Nasdaq: PFC) will report its second quarter results on July 26, 2022, after market close. The earnings release will be accessible on the company's investor relations website. A conference call for discussing the results is scheduled for July 27, 2022, at 11:00 a.m. ET, with access via phone or through a provided URL. Replay of the call will be available on their website for a year. Premier Financial operates 74 branches and 12 loan offices across five states.

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.

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.

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.

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.

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.