Premier Financial Corp., through its subsidiaries, provides various banking services. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Premier Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PFC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PFC exceeded the US Mortgage industry which returned 14% over the past year.
Return vs Market: PFC exceeded the US Market which returned 33.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Premier Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThere's A Lot To Like About Premier Financial's (NASDAQ:PFC) Upcoming US$0.27 Dividend
1 month ago | Simply Wall StPremier Financial's (NASDAQ:PFC) Shareholders Will Receive A Bigger Dividend Than Last Year
2 months ago | Simply Wall StNeed To Know: Premier Financial Corp. (NASDAQ:PFC) Insiders Have Been Buying Shares
Is Premier Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PFC ($29.58) is trading below our estimate of fair value ($50.1)
Significantly Below Fair Value: PFC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFC is good value based on its PE Ratio (8.5x) compared to the US Mortgage industry average (12x).
PE vs Market: PFC is good value based on its PE Ratio (8.5x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: PFC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PFC's PB Ratio (1.1x) is in line with the US Mortgage industry average.
How is Premier Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFC's earnings are forecast to decline over the next 3 years (-6.8% per year).
Earnings vs Market: PFC's earnings are forecast to decline over the next 3 years (-6.8% per year).
High Growth Earnings: PFC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PFC's revenue (1.4% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: PFC's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PFC's Return on Equity is forecast to be low in 3 years time (10.2%).
How has Premier Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFC has high quality earnings.
Growing Profit Margin: PFC's current net profit margins (40.1%) are higher than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: PFC's earnings have grown significantly by 26.4% per year over the past 5 years.
Accelerating Growth: PFC's earnings growth over the past year (299.4%) exceeds its 5-year average (26.4% per year).
Earnings vs Industry: PFC earnings growth over the past year (299.4%) exceeded the Mortgage industry 36.9%.
Return on Equity
High ROE: PFC's Return on Equity (12.5%) is considered low.
How is Premier Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PFC's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: PFC has a sufficient allowance for bad loans (173%).
Low Risk Liabilities: 96% of PFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PFC has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: PFC's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: PFC has an appropriate level of bad loans (0.7%).
What is Premier Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFC's dividend (3.65%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: PFC's dividend (3.65%) is in the top 25% of dividend payers in the US market (3.6%)
Stability and Growth of Payments
Stable Dividend: PFC's dividends per share have been stable in the past 10 years.
Growing Dividend: PFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.2%), PFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PFC's dividends in 3 years are forecast to be well covered by earnings (35.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Small (60 yo)
Mr. Gary M. Small serves as the President, Chief Executive Officer & Director of Premier Bank. Mr. Small serves as President of Premier Financial Corp (formerly, First Defiance Financial Corp) and has been...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD974.51K) is below average for companies of similar size in the US market ($USD2.33M).
Compensation vs Earnings: Insufficient data to compare Gary's compensation with company performance.
Experienced Management: PFC's management team is considered experienced (2 years average tenure).
Experienced Board: PFC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Premier Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Premier Financial Corp.
- Ticker: PFC
- Exchange: NasdaqGS
- Founded: 1995
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$1.134b
- Shares outstanding: 37.18m
- Website: https://www.premierfincorp.com/investor-relations/corporate-overview/CorporateProfile/default.aspx
Number of Employees
- Premier Financial Corp.
- 601 Clinton Street
- United States
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers various demand, checking, money market, certificates of deposits, certificates of deposit account registry se...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 22:29|
|End of Day Share Price||2021/09/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.