Defiance, Ohio-Based Premier Financial Reports Q4 Net Income of $20.8 Million
Defiance, Ohio (AP) - Premier Financial Corp. (PFC) announced a net income of $20.8 million for its fourth quarter. The Defiance, Ohio-based bank reported earnings per share of 58 cents. Adjusted for non-recurring costs, earnings per share stood at 63 cents. The holding company for First Federal Bank of the Midwest generated revenue of $110.8 million during the period, with net revenue after interest expense of $65.4 million, exceeding analyst expectations. For the entire year, the company reported a profit of $71.4 million or $1.98 per share on revenue of $251.5 million.