Premier Financial Balance Sheet Health
Financial Health criteria checks 6/6
Premier Financial has total assets of $8.6B and total equity of $975.6M. Total deposits are $7.1B, and total loans are $6.7B. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $117.9M.
Key information
8.8x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$7.14b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$117.92m |
Recent financial health updates
No updates
Recent updates
Premier Financial Stock Looks Undervalued And Can Still Move Up From Here
Mar 05Premier Financial Corp. Just Beat Revenue Estimates By 11%
Jan 26
Premier Financial (NASDAQ:PFC) Is Increasing Its Dividend To $0.31
Apr 29Premier Financial Corp.: Use The Weakness
Aug 30Premier Financial GAAP EPS of $0.63 misses by $0.10, revenue of $73.46M misses by $1.64M
Jul 26Premier Financial: Attractively Valued With 4.7% Dividend Yield, But Earnings Likely To Dip
Jun 23Premier Financial: 4% Dividend Yield And Acquisition Upside
Feb 02I Ran A Stock Scan For Earnings Growth And Premier Financial (NASDAQ:PFC) Passed With Ease
Dec 28Premier Financial (NASDAQ:PFC) Is Increasing Its Dividend To US$0.28
Nov 02Premier Financial: Building Itself Into A Solid Core Community Bank
Aug 30Premier Financial's (NASDAQ:PFC) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 03Is Now The Time To Put Premier Financial (NASDAQ:PFC) On Your Watchlist?
May 05Insider Buying: Tina Nutter Just Spent US$51k On Premier Financial Corp. (NASDAQ:PFC) Shares
Mar 13Read This Before Buying Premier Financial Corp. (NASDAQ:PFC) For Its Dividend
Mar 04Four Days Left Until Premier Financial Corp. (NASDAQ:PFC) Trades Ex-Dividend
Feb 06
Read This Before Selling Premier Financial Corp. (NASDAQ:PFC) Shares
Feb 01Premier Financial Corp. 2020 Q4 - Results - Earnings Call Presentation
Feb 01A Look At Premier Financial's (NASDAQ:PFC) Share Price Returns
Jan 05Premier Financial Corp. Is Currently Cheap, But Core Earnings Are Likely To Dip
Dec 12What Kind Of Investors Own Most Of Premier Financial Corp. (NASDAQ:PFC)?
Dec 10A Quick Analysis On Premier Financial's (NASDAQ:PFC) CEO Salary
Nov 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PFC's Assets to Equity ratio (8.8x) is low.
Allowance for Bad Loans: PFC has a sufficient allowance for bad loans (216%).
Low Risk Liabilities: 93% 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 (77%).
Low Risk Deposits: PFC's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: PFC has an appropriate level of bad loans (0.5%).