Premier Financial (PFC) Misses Q4 EPS by 11c

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Go back to Premier Financial (PFC) Misses Q4 EPS by 11c

Premier Financial Corp. Announces Full Year 2022 Results and Dividend Increase

January 24, 2023 4:15 PM EST

Fourth Quarter 2022 Highlights

Loan growth of $239.0 million (up 15.1% annualized) including $131.5 million for commercial loans excluding PPP (up 12.8% annualized) Customer deposits growth of $100.4 million (up 6.0% annualized) including $43.0 million of non-interest-bearing (up 9.4% annualized) Net interest income (tax equivalent) of $62.8 million or $62.2 million excluding PPP and acquisition marks accretion, up 9.3% and 17.0%, respectively, from 2021 fourth quarter Completed an insurance agency acquisition Declared dividend of $0.31 per share, up 3.3% from prior year comparable period

Full Year 2022 Highlights

Loan growth of $1.1 billion (up 20.5%) including $694.7 million for commercial loans excluding... More