Premier Financial Q1 2023 Earnings Report

Premier Financial EPS Results

• Actual EPS: $0.63
• Consensus EPS: $0.70
• Beat/Miss: Missed by -$0.07
• One Year Ago EPS: N/A

Premier Financial Revenue Results

• Actual Revenue: $68.75 million
• Expected Revenue: $77.33 million
• Beat/Miss: Missed by -$8.58 million
• YoY Revenue Growth: N/A

Premier Financial Announcement Details

• Quarter: Q1 2023
• Date: 4/25/2023
• Time: N/A

Premier Financial (NASDAQ:PFC), through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, residential collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and digital banking services, which include mobile banking, zelle, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was founded in 1920 and is headquartered in Defiance, Ohio.