Pan Pacific Bank (PFC) Tops Q3 EPS by 18c
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Premier Financial Corp. Announces Strong Third Quarter Earnings and $0.22 Per Share Dividend
October 20, 2020 4:30 PM EDTThird Quarter 2020 Highlights
Net income of $25.7 million, or $28.6 million excluding merger-related expenses, compared to $13.2 million, or $13.6 million excluding merger-related expenses, for 2019 third quarter Earnings per share of $0.69, or $0.77 excluding merger-related expenses, compared to $0.66, or $0.68 excluding merger-related expenses, for 2019 third quarter Allowance to Loans ratio of 1.63%, or 1.77% excluding PPP loans Average loan growth of $166 million, or 3.1% quarterly growth Average deposit growth of $247 million, or 4.5% quarterly growth Pre-tax pre-provision ROAA of 1.99%, or 2.20% excluding merger-related expenses, compared to 2.10%, or 2.16% excluding merger-related expenses, for 2019 third quarter Efficiency ratio of 56.5%, or 49.9% core, compared to 56.8%, or... More