Premier Financial (PFC) Tops Q1 EPS by 34c

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Go back to Premier Financial (PFC) Tops Q1 EPS by 34c

Premier Financial Corp. Announces Record Quarterly Results and Dividend Increase

April 20, 2021 4:15 PM EDT

First Quarter 2021 Highlights

Declared dividend increase of $0.02 to $0.26 per share, up 18% from 2020 first quarter Net income of $41.0 million, up from a loss of $22.5 million, or income of $7.5 million excluding merger-related provision and expenses, for 2020 first quarter Earnings per share of $1.10, up from ($0.71), or $0.24 excluding merger-related provision and expenses, for 2020 first quarter Allowance to Loans ratio of 1.37%, or 1.49% excluding PPP loans Average interest earnings assets growth of $248.0 million, or 15.6% annualized growth, for 2021 first quarter Average deposit growth of $233.7 million, or 15.7% annualized growth, for 2021 first quarter Mortgage banking... More