First Defiance Financial (FDEF) Misses Q1 EPS by 20c

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Go back to First Defiance Financial (FDEF) Misses Q1 EPS by 20c

First Defiance Financial Corp. Announces Solid 2020 First Quarter Results

April 28, 2020 4:30 PM EDT

First Quarter 2020 Highlights

Completed strategic merger with UCFC on January 31, 2020 Quarterly dividend of $0.22 per share, up 15.8% from 2019 first quarter Organic loan growth of $36.6 million, or 5.3% annualized growth Organic deposit growth of $41.2 million, or 5.7% annualized growth Earnings per share of ($0.71), or $0.24 excluding merger-related expenses, compared to $0.57 for 2019 first quarter Pre-tax pre-provision income of $15.7 million, or $27.2 million excluding merger-related costs, compared to $14.2 million for 2019 first quarter Pre-tax pre-provision ROAA of 1.18%, or 2.04% excluding merger-related costs, compared to 1.81% for 2019 first quarter

DEFIANCE, Ohio--(BUSINESS... More