Premier Financial Corp. - PFC STOCK NEWS

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.

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.

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.

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.