Welcome to our dedicated page for Premier Financial news (Ticker: PFC), a resource for investors and traders seeking the latest updates and insights on Premier Financial stock.
Premier Financial Corp. (Nasdaq: PFC) generated frequent news as a regional bank holding company and, more recently, as the subject of a completed acquisition by WesBanco, Inc. Company announcements and joint press releases document Premier’s quarterly and full-year financial results, strategic decisions and merger milestones.
News items include detailed earnings releases for each quarter of 2024, in which Premier reported net income, net interest income, net interest margin, deposit and loan trends, non-interest income components such as mortgage banking income, service fees, wealth management income and bank-owned life insurance income, as well as non-interest expenses and efficiency ratios. These releases also discuss credit quality metrics, including non-performing assets, loan delinquencies, criticized loans, net charge-offs, provision expense and allowance for credit losses.
Another major category of news covers the strategic merger between Premier Financial Corp. and WesBanco, Inc. On July 26, 2024, the companies announced a definitive merger agreement under which Premier would merge with and into WesBanco in an all-stock transaction, with Premier shareholders receiving 0.80 shares of WesBanco common stock for each Premier share. Subsequent updates reported shareholder approvals of the merger agreement and, on February 28, 2025, WesBanco announced the successful closing of the acquisition and the merger of Premier Bank into WesBanco Bank, Inc.
Investors and observers using this news feed can review historical coverage of Premier’s financial performance, capital and credit trends, and the step-by-step progress of the WesBanco transaction. This archive helps place the PFC ticker in context as a former independent bank holding company that became part of a larger regional financial services institution.
Premier Financial Corp. (Nasdaq: PFC) reported a net income of $28.4 million in Q3 2021, up 10.5% from the previous year. Earnings per share increased to $0.76. Excluding PPP loans, loan growth was 5.1%, fueled by strong commercial activity. Net interest income rose to $57.0 million, while the net interest margin improved to 3.38%. Non-interest income decreased to $18.3 million, influenced by a decline in mortgage banking. The company also announced a 27% increase in dividend to $0.28 per share.
Premier Financial Corp. (Nasdaq: PFC) plans to release its third quarter financial results on October 28, 2021, after market close. The earnings news will be accessible on their investor relations website. A conference call hosted by Executive Management is scheduled for October 29, 2021, at 11:00 a.m. ET, allowing investors to discuss the results. The call can be accessed via phone or online. A replay will be available for a year on their website.
Premier Financial Corp. (PFC) reported second quarter 2021 net income of $31.4 million, up from $29.1 million a year prior, representing $0.84 per diluted share. Year-to-date net income reached $72.4 million, significantly higher than $6.6 million in the same period in 2020. The increase was attributed to solid loan growth and recovery in provisions, despite a decrease in net interest margin to 3.34%. Non-interest income fell to $17.5 million from $23 million a year earlier. Total assets grew to $7.59 billion, while total deposits remained robust at $6.29 billion. A quarterly dividend of $0.27 per share is set for August 27, 2021.
Premier Financial Corp. (Nasdaq: PFC) will announce its second quarter results on July 29, 2021, post-market. The earnings release will be accessible on its investor relations website and major financial platforms.
An investor conference call is scheduled for July 30, 2021, at 11:00 a.m. ET, where executive management will discuss the results. Interested parties can join via phone or through an internet link.
For additional information, the replay will be available on their website for one year, and copies of the earnings release can be requested by phone.
Premier Financial Corp. (Nasdaq: PFC) reported impressive first quarter 2021 results, marking a net income of $41.0 million or $1.10 per diluted share, a significant improvement from a net loss of $22.5 million in Q1 2020. This turnaround is attributed to the acquisition of United Community Financial Corp. and a $7.0 million provision credit. The company also declared a quarterly dividend of $0.26 per share, effective May 14, 2021, reflecting an 18% increase year to date. Total assets grew to $7.53 billion, with deposits rising by 27.2% year-over-year.
Premier Financial Corp. (Nasdaq: PFC) is set to announce its first quarter results on April 20, 2021, after the market closes. The earnings release will be accessible on the company's investor relations website. Additionally, a conference call will be held on April 21, 2021, at 11:00 a.m. ET, featuring CEO Gary M. Small and CFO Paul D. Nungester discussing the results. Access to the call will be available via phone or through a dedicated URL. A replay will also be offered until April 21, 2022.
Premier Financial Corp. (PFC) reported fourth quarter 2020 net income of $30.8 million, or $0.82 per diluted share, up from $12.5 million, or $0.63 per share in Q4 2019. For the full year, net income was $63.1 million, or $1.75 per share, compared to $49.4 million or $2.48 per share in 2019. The acquisition of United Community Financial Corp significantly impacted these results. Core earnings per share increased by 9%. Non-interest income rose to $18.7 million from $11.8 million year-over-year, while total assets grew to $7.21 billion, reflecting strong post-merger performance.
Premier Financial Corp. (Nasdaq: PFC) plans to report its fourth quarter and year-end financial results on January 26, 2021, post-market close. The earnings release will be accessible on their investor relations website. A conference call discussing these results is scheduled for January 27, 2021, at 11:00 a.m. ET, featuring key executives including CEO Donald P. Hileman. The call can be accessed via telephone or a listen-only mode online. A replay will be available until January 27, 2022, detailing the company's operational reach across Ohio and surrounding states.
Premier Financial Corp. (Nasdaq: PFC) reported third quarter net income of $25.7 million, or $0.77 per diluted share, a rise from $13.2 million, or $0.66 per share year-over-year. For the nine months ending September 30, net income totaled $32.2 million, or $1.88 per share, down from $36.9 million or $1.85 per share in 2019. The company's results were notably influenced by the acquisition of United Community Financial Corp., which brought about significant acquisition-related charges. The net interest income increased to $53.3 million, while non-interest income surged to $25.0 million.
Premier Financial Corp. (Nasdaq:PFC) will announce its third quarter results on October 20, 2020, post-market. The earnings release will be accessible on its investor relations website. A conference call to discuss the results will take place on October 21, 2020, at 11:00 a.m. ET, featuring CEO Donald P. Hileman, President Gary M. Small, and CFO Paul D. Nungester. Access the call at this link. The replay will be available on their website until 9:00 a.m. ET the following day.