Premier Financial Corp.

NasdaqGS:PFC Aktierapport

Börsvärde: US$1.0b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Premier Financial Tidigare resultatutveckling

Tidigare kriterier kontrolleras 2/6

Premier Financial har ökat intäkterna med en genomsnittlig årlig takt på 9%, medan Banks -branschen såg intäkterna växer på 2.8% årligen. Intäkterna har varit växande med en genomsnittlig takt på 6.3% per år. Premier Financial s avkastning på eget kapital är 7.1% och den har en nettomarginal på 28.6%.

Viktig information

9.04%

Tillväxttakt i vinsten

5.98%

Tillväxttakt för EPS

Banks Tillväxt i branschen11.18%
Intäkternas tillväxttakt6.34%
Avkastning på eget kapital7.13%
Nettomarginal28.60%
Senaste uppdateringen av resultatet31 Dec 2024

Senaste uppdateringar av tidigare prestationer

Recent updates

Seeking Alpha • Aug 21

Premier Financial's Merger With WesBanco Creates Opportunities For Investors On Both Sides

Summary Premier Financial and WesBanco are merging in an all-stock deal, with Premier Financial valued at $959 million. The merger will create the 8th largest bank in Ohio, with expected synergies of $41.4 million and significant improvements in earnings per share. While WesBanco has faced financial challenges, signs of improvement include a recovery in deposits, making the merger a potentially positive move. For Premier Financial, this move is interesting, and the combined firm should result in some upside potential. Read the full article on Seeking Alpha
Seeking Alpha • May 28

Premier Financial: Dividend Yield Above 6% And A P/E Of Only 6.52x

Summary Premier Financial has a dividend yield of 6.14% and a low P/E ratio, indicating potential for capital gains. The bank has a history of increasing dividends but has shown little resilience during economic downturns. The bank's exposure to fixed-rate securities and unrealized losses may impact its valuation and ability to issue a growing dividend. Read the full article on Seeking Alpha
Analysartikel • Apr 26

Premier Financial Corp. Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next

Investors in Premier Financial Corp. ( NASDAQ:PFC ) had a good week, as its shares rose 4.6% to close at US$20.08...
Seeking Alpha • Mar 05

Premier Financial Stock Looks Undervalued And Can Still Move Up From Here

Summary Premier Financial's stock has risen 19.3% since November 2023, but it still looks attractive for further upside. The bank's revenue and profit were disappointing in Q4 2023, but other data, such as deposits and loans, showed growth. Shares of Premier Financial are cheap compared to similar firms, and the bank's quality is average, supporting a 'buy' rating. Read the full article on Seeking Alpha
Analysartikel • Jan 26

Premier Financial Corp. Just Beat Revenue Estimates By 11%

The full-year results for Premier Financial Corp. ( NASDAQ:PFC ) were released last week, making it a good time to...
Analysartikel • Apr 29

Premier Financial (NASDAQ:PFC) Is Increasing Its Dividend To $0.31

The board of Premier Financial Corp. ( NASDAQ:PFC ) has announced that it will be paying its dividend of $0.31 on the...
Seeking Alpha • Aug 30

Premier Financial Corp.: Use The Weakness

Summary Loan growth is impressive, and we expect better earnings as net interest margins continue to improve. Asset quality improvement is a strength. Return metrics dipped in the short term but should ramp into 2023 based on better margins moving forward. Nice buyback and growing dividend. Premier Financial Corp. (PFC) is a regional bank, and insurance company, that we think can be comfortably bought under $27 a share. The rising rate environment is having a predictably favorable effect on net interest income in most banks and Premier is no exception. This is driving margin improvement and when combined with outstanding loan growth, the company is in great shape to battle a short-term flat to inverted yield curve. This is a growing regional bank based out of Ohio. It currently operates 74 branches and 12 loan offices in Ohio, Michigan, Indiana, and Pennsylvania. While the company has had to adjust to a rising rate environment, and the recently reported earnings reflected some of these pressures, we think you can own this solidly yielding dividend paying bank going forward. We are pretty bullish on the bank, and the sector, moving forward. In this column, we discuss a number of the key metrics that we follow in the many regional banks we cover that you should be aware of if you are considering buying this stock. In our opinion, the return metrics are strong. On top of that, the dividend yield is solid at 4.5%. The bank has raised its dividend each year as well the last few years. Ultimately, we believe rates being higher means most banks are going to do very well in 2023. We think shares are a buy on weakness. Premier Financial Corp. Q2 2022 headline performance Thanks to some tremendous growth in loans as well as a growing deposit base, as well as decent margins, Premier Financial Corp. is performing well. However, headline performance came in beneath expectations. The revenues were about flat from a year ago. In Q2 2022, Premier Financial Corp. reported a top-line revenue figure of $73.5 million. The bank saw a 0.9% decrease in this key metric year-over-year. This was well below estimates by $1.6 million. Overall performance has been mixed in the sector, at least in terms of the banks we have been examining thus far. Some banks have seen flat to down revenues versus last year, while others saw strong increases. Because this is a smaller regional bank it is subject to revenue fluctuation, but the higher loan balances and decent portfolio yields are setting the bank up for success. There also was an uptick in loan loss provisions this quarter and in the first half of 2022. The provision for credit losses increased to $6.5 million rising from a credit of $3.9 million in Q2 2021. This increase was primarily a result of the huge increase in overall loans on the books, as well as the general macro situation, the bank was preparing for current conditions, which are a bit more questionable than a year ago. That said, net income for Q2 2022 was $22.4 million or $0.63 per share. There was also an increase in net interest income of $59.3 million, and again there was a loan loss provision of $6.5 million. While earnings dipped from a year ago, largely due to these big provisions, better days are ahead with the prospects of a still strong economy in 2022 and the continuing benefit from better interest rates. We expect net interest income to continue to improve moving forward, but were also impressed with loan growth. Premier Financial Corp.'s loans and deposits Growth in loans and deposits are key for all banks, but especially regional banks which have simpler balance sheets than the international mega-cap type banks. Going back to 2020 we want to remind you that the PPP loans of the time helped boost many regional banks' loan portfolio balances, so a direct comp is somewhat misleading because PPP loans for Premier continue to decrease as a source of income. As we move forward, growth in both of these metrics is critical, but PPP loans are contributing less and less, as they were a short-term boost. The company saw immense loan growth. In fact, loans held jumped big, growing $494.1 million, or up 35.7% over Q2 2021. That is superb. While PPP loan differences accounted for some of this, there was also an increase in mortgage loans, stemming from increased competition among banks and originators. It is worth noting that commercial mortgages have rebounded, and grew significantly since a year ago, growing $314 million. Residential loans were also up $139.2 million or 37.8%. PPP loans were down to just $4.6 million total at the end of Q2. Overall, loan demand is robust, despite the rate shock hitting consumers. That said, total deposits increased from $6.32 billion in Q1 2022 to $6.52 billion at the end of Q2 2022. That means there are more assets on hand to lend out to customers. As rates rise this is critical. The bank will be able to lend this money out at much higher rates in H2 2022 and in 2023. The so-called spread on what is lent out vs. the cost of funds should widen even further in 2023. The growth is welcomed. That said, we need to have a sense of trends in the quality of the assets on hand. Premier Financial Corp.'s asset quality We love to see loan growth but we need a sense of the quality of assets on the books. We mentioned provisions for loan losses. Some banks have seen huge improvements on this front, and as we mentioned, given the much larger loan base and the macro risk out there, Premier had $6.5 million provision. Another key metric to watch is the bank's allowance for credit losses. Well, the allowance for credit losses to total loans was just 1.14% at the end of Q2 2022. This was an 11 basis point improvement from the start of Q2 2022, and is down from 1.33% of all loans a year ago. This is solid improvement. Nonperforming assets were just $35 million, or 0.44% of assets at the end of Q2 2022, which is a big sequential improvement from $47.6 million to start Q2 2022.
Seeking Alpha • Jul 26

Premier Financial GAAP EPS of $0.63 misses by $0.10, revenue of $73.46M misses by $1.64M

Premier Financial press release (NASDAQ:PFC): Q2 GAAP EPS of $0.63 misses by $0.10. Revenue of $73.46M (-0.9% Y/Y) misses by $1.64M.
Seeking Alpha • Jun 23

Premier Financial: Attractively Valued With 4.7% Dividend Yield, But Earnings Likely To Dip

Higher interest rates and threats of a recession will likely require greater-than-normal provisioning for expected loan losses in the year ahead. Expansion into Ann Arbor and new hires will likely drive loan growth. These expansionary efforts are also likely to boost operating expenses. The December 2022 target price suggests a high upside from the current market price. Further, PFC is offering a high dividend yield.
Seeking Alpha • Feb 02

Premier Financial: 4% Dividend Yield And Acquisition Upside

Successful acquisition of United Community Bank creates an additional avenue to grow. Robust credit quality and low-cost deposit base are the core advantages. Shareholders are getting paid to wait.
Analysartikel • Dec 28

I Ran A Stock Scan For Earnings Growth And Premier Financial (NASDAQ:PFC) Passed With Ease

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysartikel • Nov 02

Premier Financial (NASDAQ:PFC) Is Increasing Its Dividend To US$0.28

Premier Financial Corp. ( NASDAQ:PFC ) will increase its dividend on the 19th of November to US$0.28. The announced...
Seeking Alpha • Aug 30

Premier Financial: Building Itself Into A Solid Core Community Bank

Core loan growth trends are likely to accelerate in the coming quarters, enough to mitigate PPP loan forgiveness headwinds. Modest margin compression is unlikely to hinder overall profitability levels. Improving asset quality trends should limit future provision expenses.
Analysartikel • Aug 03

Premier Financial's (NASDAQ:PFC) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Premier Financial Corp. ( NASDAQ:PFC ) has announced that it will be increasing its dividend on the 27th...
Analysartikel • May 05

Is Now The Time To Put Premier Financial (NASDAQ:PFC) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysartikel • Mar 13

Insider Buying: Tina Nutter Just Spent US$51k On Premier Financial Corp. (NASDAQ:PFC) Shares

Whilst it may not be a huge deal, we thought it was good to see that Tina Nutter, who is a company insider, recently...
Analysartikel • Mar 04

Read This Before Buying Premier Financial Corp. (NASDAQ:PFC) For Its Dividend

Dividend paying stocks like Premier Financial Corp. ( NASDAQ:PFC ) tend to be popular with investors, and for good...
Analysartikel • Feb 06

Four Days Left Until Premier Financial Corp. (NASDAQ:PFC) Trades Ex-Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Premier...
Analysartikel • Feb 01

Read This Before Selling Premier Financial Corp. (NASDAQ:PFC) Shares

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

Fördelning av intäkter och kostnader

Hur Premier Financial tjänar och spenderar pengar. Baserat på senast rapporterade resultat, på rullande tolvmånadersbasis.

Resultat- och intäktshistorik

NasdaqGS:PFC Intäkter, kostnader och resultat (USD Millions )
DatumIntäkterIntäkterG+A KostnaderFoU-kostnader
31 Dec 24250711200
30 Sep 24246701220
30 Jun 24251791210
31 Mar 242991111220
31 Dec 233031111240
30 Sep 233141161280
30 Jun 233211201300
31 Mar 23281941280
31 Dec 222891021270
30 Sep 222871021260
30 Jun 222841021260
31 Mar 222951111250
31 Dec 213071261220
30 Sep 213161311180
30 Jun 213201291160
31 Mar 213181261150
31 Dec 20252631100
30 Sep 20212451010
30 Jun 2017432910
31 Mar 2013815820
31 Dec 1915849770
30 Sep 1915449760
30 Jun 1915147750
31 Mar 1914846730
31 Dec 1814646720
30 Sep 1814544700
30 Jun 1814342680
31 Mar 1813939690
31 Dec 1713432670
30 Sep 1712830650
30 Jun 1712228630
31 Mar 1711727580
31 Dec 1611329560
30 Sep 1611028550
30 Jun 1610928550
31 Mar 1610727540
31 Dec 1510526530
30 Sep 1510426520
30 Jun 1510427510
31 Mar 1510226510
31 Dec 1410024500
30 Sep 149823490
30 Jun 149521480
31 Mar 149522470

Kvalitetsintäkter: PFC har inkomster av hög kvalitet.

Växande vinstmarginal: PFC s nuvarande netto vinstmarginaler (28.6%) är lägre än förra året (36.7%).

Fritt kassaflöde vs resultatanalys

Analys av tidigare vinsttillväxt

Resultatutveckling: PFC s intäkter har ökat med 9% per år under de senaste 5 åren.

Accelererande tillväxt: PFC s har haft negativ intäktstillväxt under det senaste året, så det kan inte jämföras med dess 5-åriga genomsnitt.

Resultat vs industri: PFC hade negativ intäktstillväxt ( -35.7% ) under det senaste året, vilket gör det svårt att jämföra med branschens genomsnitt Banks ( 22.8% ).

Avkastning på eget kapital

Hög ROE: PFC s avkastning på eget kapital ( 7.1% ) anses vara låg.

Avkastning på tillgångar

Avkastning på sysselsatt kapital

Upptäck starka bolag som tidigare presterat bra

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Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2025/03/04 11:51
Aktiekurs vid dagens slut2025/02/28 00:00
Intäkter2024/12/31
Årlig intjäning2024/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Premier Financial Corp. bevakas av 6 analytiker. 2 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Nicholas CucharaleHovde Group, LLC
Brendan NosalHovde Group, LLC
Christopher McGrattyKeefe, Bruyette, & Woods