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Stock impact report

Premier Financial Corp. Announces Full Year 2022 Results and Dividend Increase

Premier Financial Corp. (PFC) 
Company Research Source: Business Wire
Fourth Quarter 2022 HighlightsLoan growth of $239.0 million (up 15.1% annualized) including $131.5 million for commercial loans excluding PPP (up 12.8% annualized)Customer deposits growth of $100.4 million (up 6.0% annualized) including $43.0 million of non-interest-bearing (up 9.4% annualized)Net interest income (tax equivalent) of $62.8 million or $62.2 million excluding PPP and acquisition marks accretion, up 9.3% and 17.0%, respectively, from 2021 fourth quarterCompleted an insurance agency acquisitionDeclared dividend of $0.31 per share, up 3.3% from prior year comparable periodFull Year 2022 HighlightsLoan growth of $1.1 billion (up 20.5%) including $694.7 million for commercial loans excluding PPP (up 19.6%)Customer deposits growth of $481.0 million (up 7.7%) including $144.7 million of non-interest-bearing (up 8.4%)Net interest income (tax equivalent) of $243.7 million or $237.3 million excluding PPP and acquisition marks accretion, up 6.7% and 14.1%, respectively, from 2021As Show less Read more
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