Pan Pacific Bank (PFC) Tops Q4 EPS by 18c
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Premier Financial Corp. Announces Strong Quarterly and Annual Earnings and Dividend Increase
January 26, 2021 4:15 PM EST
Date Set for CEO Transition
Buybacks Authorization Increased
Fourth Quarter 2020 Highlights
Increased common stock dividend 9.1% to $0.24 per share Net income of $30.8 million, or $32.6 million excluding merger-related expenses, compared to $12.5 million, or $13.2 million excluding merger-related expenses, for 2019 fourth quarter Earnings per share of $0.82, or $0.87 excluding merger-related expenses, compared to $0.63, or $0.66 excluding merger-related expenses, for 2019 fourth quarter Allowance to Loans ratio of 1.49%, or 1.61% excluding PPP loans Average loan growth of $53.5 million, or 4% annualized growth Average deposit growth of $218.5 million, or 15% annualized growth Pre-tax pre-provision ROAA of 1.81%, or 1.94% excluding... More