Premier Financial Corp. (PFC)

Premier Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	353.02	332.21	249.56	223.79	225.08	130.85
Interest Income on Investments	38.26	33.3	28.15	19.8	12.86	10.23
Total Interest Income	391.28	365.51	277.71	243.59	237.95	141.08
Interest Paid on Deposits	171.27	122.41	24.91	13.48	26.92	22.61
Interest Paid on Borrowings	18.48	26.01	9.88	2.74	3.02	2.82
Total Interest Expense	189.75	148.42	34.79	16.22	29.94	25.44
Net Interest Income	201.53	217.09	242.92	227.37	208.01	115.65
Net Interest Income Growth (YoY)	-11.28%	-10.63%	6.84%	9.31%	79.86%	6.83%
Trust Income	7.22	6.32	5.83	6.03	6.16	3.13
Mortgage Banking Activities	6.02	6.81	7.85	16.12	36.18	9.72
Gain (Loss) on Sale of Assets	-	36.3	-	-	-	-
Gain (Loss) on Sale of Investments	0.87	-0.42	-0.55	4.17	1.55	0.02
Other Non-Interest Income	34.29	41.74	47.01	45.9	43.56	32.1
Total Non-Interest Income	48.57	90.92	60.14	72.22	87.77	45.19
Non-Interest Income Growth (YoY)	-47.63%	51.17%	-16.72%	-17.72%	94.22%	15.65%
Revenues Before Loan Losses	250.1	308.01	303.06	299.59	295.78	160.84
Provision for Loan Losses	4.24	5.23	14.29	-7.05	44.25	2.88
Revenue	245.86	302.78	288.78	306.64	251.53	157.96
Revenue Growth (YoY)	-21.62%	4.85%	-5.83%	21.91%	59.24%	8.13%
Salaries and Employee Benefits	84.82	89.86	95.38	87.82	75.02	55.08
Federal Deposit Insurance	4.85	5.8	3.65	2.9	3.36	0.48
Amortization of Goodwill & Intangibles	3.87	4.6	5.45	6.21	6.45	1.12
Selling, General & Administrative	37.45	34.01	32	33.82	35.31	21.44
Other Non-Interest Expense	24.08	28.95	28.04	26.58	24.65	17.54
Total Non-Interest Expense	155.08	163.23	164.51	157.32	144.79	95.66
EBT Excluding Unusual Items	90.78	139.55	124.26	149.32	106.73	62.29
Asset Writedown	0.37	-0.07	2.02	5.81	-7.98	-0.23
Other Unusual Items	-	-	-	1.3	-	-
Pretax Income	88.31	139.48	126.28	156.42	79.27	60.64
Income Tax Expense	17.61	28.18	24.1	30.37	16.19	11.27
Net Income	70.7	111.3	102.19	126.05	63.08	49.37
Preferred Dividends & Other Adjustments	0.31	0.18	0.1	0.12	0.09	0.04
Net Income to Common	70.39	111.12	102.08	125.93	62.99	49.33
Net Income Growth	-39.32%	8.91%	-18.93%	99.84%	27.76%	6.75%
Basic Shares Outstanding	36	36	36	37	36	20
Diluted Shares Outstanding	36	36	36	37	36	20
Shares Change (YoY)	0.04%	-0.08%	-3.74%	3.48%	80.37%	-2.62%
EPS (Basic)	1.97	3.11	2.86	3.39	1.75	2.49
EPS (Diluted)	1.97	3.11	2.85	3.39	1.75	2.48
EPS Growth	-39.37%	9.12%	-15.93%	93.71%	-29.44%	9.73%
Dividend Per Share	1.240	1.240	1.200	1.050	0.880	0.790
Dividend Growth	0.81%	3.33%	14.29%	19.32%	11.39%	23.44%
Effective Tax Rate	19.94%	20.21%	19.08%	19.42%	20.43%	18.58%

Source: S&P Capital IQ. Banks template. Financial Sources.