NasdaqGS:PFC

Stock Analysis Report

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Market Cap

US$1.0b

Last Updated

2021/08/05 22:54 UTC

Data Sources

Company Financials +

Executive Summary

Premier Financial Corp., through its subsidiaries, provides various banking services. More Details


Snowflake Analysis

Flawless balance sheet 6 star dividend payer.


Similar Companies

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.


Market Performance


7 Day Return

1.6%

PFC

-1.2%

US Mortgage

0.02%

US Market


1 Year Return

47.6%

PFC

45.4%

US Mortgage

33.2%

US Market

Return vs Industry: PFC exceeded the US Mortgage industry which returned 45.4% over the past year.

Return vs Market: PFC exceeded the US Market which returned 33.2% over the past year.


Shareholder returns

PFCIndustryMarket
7 Day1.6%-1.2%0.02%
30 Day1.6%-3.6%-0.1%
90 Day-11.5%-5.9%4.1%
1 Year53.2%47.6%49.7%45.4%35.3%33.2%
3 Year-4.1%-13.2%23.9%14.6%61.4%51.3%
5 Year47.7%28.3%64.1%40.4%122.2%97.7%

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

Valuation

Is Premier Financial undervalued compared to its fair value and its price relative to the market?

45.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PFC ($27.79) is trading below our estimate of fair value ($50.77)

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 (8x) compared to the US Mortgage industry average (11.6x).

PE vs Market: PFC is good value based on its PE Ratio (8x) 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 (1x) is in line with the US Mortgage industry average.


Future Growth

How is Premier Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-9.0%

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 (-9% per year).

Earnings vs Market: PFC's earnings are forecast to decline over the next 3 years (-9% per year).

High Growth Earnings: PFC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PFC's revenue (0.4% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: PFC's revenue (0.4% 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%).


Past Performance

How has Premier Financial performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PFC has high quality earnings.

Growing Profit Margin: PFC's current net profit margins (40.2%) 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 (300.6%) exceeds its 5-year average (26.4% per year).

Earnings vs Industry: PFC earnings growth over the past year (300.6%) exceeded the Mortgage industry 40.2%.


Return on Equity

High ROE: PFC's Return on Equity (12.5%) is considered low.


Financial Health

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


Balance Sheet


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%).


Dividend

What is Premier Financial current dividend yield, its reliability and sustainability?

3.89%

Current Dividend Yield


Upcoming Dividend Payment

TodayAug 06 2021Ex Dividend DateAug 19 2021Dividend Pay DateAug 27 20218 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PFC's dividend (3.89%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: PFC's dividend (3.89%) is in the top 25% of dividend payers in the US market (3.57%)


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 (35.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Gary Small (60 yo)

0.33

Tenure

US$974,508

Compensation

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 ($USD974.51K) is below average for companies of similar size in the US market ($USD2.44M).

Compensation vs Earnings: Insufficient data to compare Gary's compensation with company performance.


Leadership Team

Experienced Management: PFC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: PFC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Premier Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Premier Financial Corp.
  • 601 Clinton Street
  • Defiance
  • Ohio
  • 43512-3272
  • United States

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/05 22:54
End of Day Share Price2021/08/05 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.