Premier Financial Corp. (PFC)

Premier Financial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	351.18	332.21	249.56	223.79	225.08
Interest Income on Investments	41.49	33.3	28.15	19.8	12.86
Total Interest Income	392.67	365.51	277.71	243.59	237.95
Interest Paid on Deposits	171.11	122.41	24.91	13.48	26.92
Interest Paid on Borrowings	20.29	26.01	9.88	2.74	3.02
Total Interest Expense	191.4	148.42	34.79	16.22	29.94
Net Interest Income	201.27	217.09	242.92	227.37	208.01
Net Interest Income Growth (YoY)	-7.29%	-10.63%	6.84%	9.31%	79.86%
Trust Income	7.43	6.32	5.83	6.03	6.16
Mortgage Banking Activities	8.07	6.81	7.85	16.12	36.18
Gain (Loss) on Sale of Assets	-	36.3	-	-	-
Gain (Loss) on Sale of Investments	0.55	-0.42	-0.55	4.17	1.55
Other Non-Interest Income	34.8	41.74	47.01	45.9	43.56
Total Non-Interest Income	50.92	90.92	60.14	72.22	87.77
Non-Interest Income Growth (YoY)	-43.99%	51.17%	-16.72%	-17.72%	94.22%
Revenues Before Loan Losses	252.19	308.01	303.06	299.59	295.78
Provision for Loan Losses	2.49	5.23	14.29	-7.05	44.25
Revenue	249.7	302.78	288.78	306.64	251.53
Revenue Growth (YoY)	-17.53%	4.85%	-5.83%	21.91%	59.24%
Salaries and Employee Benefits	86.32	89.86	95.38	87.82	75.02
Federal Deposit Insurance	5.02	5.8	3.65	2.9	3.36
Amortization of Goodwill & Intangibles	3.7	4.6	5.45	6.21	6.45
Selling, General & Administrative	33.64	34.01	32	33.82	35.31
Other Non-Interest Expense	30.64	28.95	28.04	26.58	24.65
Total Non-Interest Expense	159.31	163.23	164.51	157.32	144.79
EBT Excluding Unusual Items	90.39	139.55	124.26	149.32	106.73
Asset Writedown	-0.71	-0.07	2.02	5.81	-7.98
Other Unusual Items	-	-	-	1.3	-
Pretax Income	89.68	139.48	126.28	156.42	79.27
Income Tax Expense	18.27	28.18	24.1	30.37	16.19
Net Income	71.4	111.3	102.19	126.05	63.08
Preferred Dividends & Other Adjustments	-	0.18	0.1	0.12	0.09
Net Income to Common	71.4	111.12	102.08	125.93	62.99
Net Income Growth	-35.84%	8.91%	-18.93%	99.84%	27.76%
Basic Shares Outstanding	36	36	36	37	36
Diluted Shares Outstanding	36	36	36	37	36
Shares Change (YoY)	0.18%	-0.08%	-3.74%	3.48%	80.37%
EPS (Basic)	2.00	3.11	2.86	3.39	1.75
EPS (Diluted)	1.98	3.11	2.85	3.39	1.75
EPS Growth	-36.33%	9.12%	-15.93%	93.71%	-29.44%
Dividend Per Share	1.240	1.240	1.200	1.050	0.880
Dividend Growth	0%	3.33%	14.29%	19.32%	11.39%
Effective Tax Rate	20.38%	20.21%	19.08%	19.42%	20.43%

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