Company research
PREMIER FINANCIAL CORP
CIK 946647Updated Sep 24, 2026
Name history
FIRST DEFIANCE FINANCIAL CORP · through Jun 18, 2020
Filing activity
Latest filing
50 filings on record · 15-12G, 4, 8-K, 25-NSE, 10-K, S-8 POS.
About the company
Premier Financial Corp. (Nasdaq: PFC), headquartered in Defiance, Ohio, is the holding company for Premier Bank. Premier Bank, headquartered in Youngstown, Ohio, operates 73 branches and nine loan offices in Ohio, Michigan, Indiana and Pennsylvania and also serves clients through a team of wealth professionals dedicated to each community banking branch. For more information, visit Premier’s website at www. PremierFinCorp.com.
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,581,575,000Source | 8,625,949,000Source | 8,455,342,000Source | 7,481,402,000Source |
| Property, Plant and Equipment, NetUSD | 53,683,000Source | 56,878,000Source | 55,541,000Source | 55,602,000Source |
| GoodwillUSD | 295,602,000Source | 295,602,000Source | 317,988,000Source | 317,948,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 121,489,000Source | 114,756,000Source | 128,160,000Source | 161,566,000Source |
| Operating Lease, Right-of-Use AssetUSD | 21,100,000Source | 13,500,000Source | 14,900,000Source | 15,400,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,579,762,000Source | 7,650,322,000Source | 7,567,621,000Source | 6,457,906,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | — |
| Common Stock, Value, IssuedUSD | 306,000Source | 306,000Source | 306,000Source | 306,000Source |
| Additional Paid in CapitalUSD | 690,946,000Source | 690,585,000Source | 691,453,000Source | 691,132,000Source |
| Retained Earnings (Accumulated Deficit)USD | 596,932,000Source | 569,937,000Source | 502,909,000Source | 443,517,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -156,818,000Source | -153,719,000Source | -173,460,000Source | -3,428,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,001,813,000Source | 975,627,000Source | 887,721,000Source | 1,023,496,000Source |
| Liabilities and EquityUSD | 8,581,575,000Source | 8,625,949,000Source | 8,455,342,000Source | 7,481,402,000Source |
| Additional Financial Items | ||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | -127,577,000Source | -127,033,000Source | -142,236,000Source | -4,023,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | -519,000Source | -393,000Source | -402,000Source | 79,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,664,000Source | 1,875,000Source | 2,016,000Source | 2,827,000Source |
| Deferred Income Tax Expense (Benefit)USD | -408,000Source | -2,934,000Source | -1,306,000Source | 5,393,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 92,294,000Source | 77,335,000Source | 180,096,000Source | 165,163,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 31,948,000Source | -124,650,000Source | -1,206,970,000Source | -332,814,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,594,000Source | 7,113,000Source | 5,570,000Source | 3,023,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 11,000Source | 26,870,000Source | 29,583,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -117,509,000Source | 33,911,000Source | 993,468,000Source | 169,951,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 44,409,000Source | 44,267,000Source | 42,795,000Source | 38,948,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 121,489,000Source | 114,756,000Source | 128,160,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 196,316,000Source | 135,924,000Source | 32,730,000Source | 16,357,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,100,000Source | 2,500,000Source |
| Amortization of Intangible AssetsUSD | 3,699,000Source | 4,604,000Source | 5,450,000Source | 6,208,000Source |
| Bank Owned Life Insurance IncomeUSD | 5,413,000Source | 5,014,000Source | 3,946,000Source | 5,121,000Source |
| Debt and Equity Securities, Gain (Loss)USD | 0Source | 37,000Source | 1,000,000,000Source | 2,200,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | 0Source | 37,000Source | 1,000Source | 2,218,000Source |
| DepreciationUSD | 5,789,000Source | 5,334,000Source | 5,631,000Source | 6,306,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | -453,000,000Source | 551,000,000Source | 2,000,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 550,000Source | — | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | -453,000Source | -551,000Source | 1,954,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | 4,555,000Source | 4,429,000Source | 5,787,000Source | 16,437,000Source |
| GoodwillUSD | 295,602,000Source | 295,602,000Source | 317,988,000Source | 317,948,000Source |
| Income Tax Expense (Benefit)USD | 18,273,000Source | 28,182,000Source | 24,096,000Source | 30,372,000Source |
| Net Income (Loss) Attributable to ParentUSD | 71,404,000Source | 111,295,000Source | 102,187,000Source | 126,051,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 71,033,000Source | 111,117,000Source | 102,084,000Source | 125,928,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 2,400,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 119,486,000Source | 92,683,000Source | 97,445,000Source | 149,197,000Source |
| Proceeds from Stock Options ExercisedUSD | 106,000Source | 15,000Source | 53,000Source | 8,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 3,890,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 89,677,000Source | 139,477,000Source | 126,283,000Source | 156,423,000Source |
| Income Tax Expense (Benefit)USD | 18,273,000Source | 28,182,000Source | 24,096,000Source | 30,372,000Source |
| Net Income (Loss) Attributable to ParentUSD | 71,404,000Source | 111,295,000Source | 102,187,000Source | 126,051,000Source |
| Earnings Per Share, BasicUSD per share | 1.99Source | 3.11Source | 2.86Source | 3.39Source |
| Earnings Per Share, DilutedUSD per share | 1.98Source | 3.11Source | 2.85Source | 3.39Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 35,679,000Source | 35,693,000Source | 35,679,000Source | 37,109,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,699,000Source | 4,604,000Source | 5,450,000Source | 6,208,000Source |
| Bank Owned Life Insurance IncomeUSD | 5,413,000Source | 5,014,000Source | 3,946,000Source | 5,121,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | — |
| Debt and Equity Securities, Gain (Loss)USD | 0Source | 37,000Source | 1,000,000,000Source | 2,200,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 550,000Source | — | — | — |
| Interest ExpenseUSD | — | 148,417,000Source | 34,791,000Source | 16,218,000Source |
| InterestExpenseOperatingUSD | 191,399,000Source | — | — | — |
| Interest Expense, Securities Sold under Agreements to RepurchaseUSD | — | — | 0Source | — |
| Interest Income (Expense), NetUSD | 201,269,000Source | 217,093,000Source | 242,921,000Source | 227,369,000Source |
| Labor and Related ExpenseUSD | 86,315,000Source | 92,609,000Source | 97,396,000Source | 90,646,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 71,033,000Source | 111,117,000Source | 102,084,000Source | 125,928,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 2,400,000Source |
Filing attachments
d920472dex41.htm · 8-K · 2025-03-03
EX-4.1 2 d920472dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 FIRST SUPPLEMENTAL INDENTURE THIS FIRST SUPPLEMENTAL INDENTURE dated as of February 28, 2025 is by and among Wilmington Trust Company, a Delaware trust company, as Trustee (herein, together with its successors in interest, the “Trustee”), Wesbanco, Inc., a West Virginia corporation (the “Successor Company”), and Premier Financial Corp. (f/k/a First Defiance Financial Corp.), an Ohio corporation (the “Company”), under the Indenture referr…
Read attachment ↗d920472dex42.htm · 8-K · 2025-03-03
EX-4.2 3 d920472dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 FIRST SUPPLEMENTAL INDENTURE (First Defiance Statutory Trust II) THIS FIRST SUPPLEMENTAL INDENTURE dated as of February 28, 2025 is by and among U.S. Bank Trust Company, National Association, a national banking association, as the ultimate successor in interest to LaSalle National Bank Association (in such capacity, together with its successors in interest, the “Trustee”), Wesbanco, Inc., a West Virginia corporation (the “Successor Comp…
Read attachment ↗d920472dex43.htm · 8-K · 2025-03-03
EX-4.3 4 d920472dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 SECOND SUPPLEMENTAL INDENTURE THIS SECOND SUPPLEMENTAL INDENTURE dated as of February 28, 2025, is by and among U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as Trustee (herein, together with its successors in interest, the “Trustee”), Wesbanco, Inc., a West Virginia corporation (the “Successor Company”), and Premier Financial Corp., an Ohio corporation (the “Company”), as issu…
Read attachment ↗d920311dex991.htm · 8-K · 2025-02-13
EX-99.1 2 d920311dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PRESS RELEASE For Immediate Release WesBanco, Inc. and Premier Financial Corp. Announce Regulatory Approvals for Pending Merger WHEELING, W.Va., (February 12, 2025) - WesBanco, Inc. (“WesBanco”) (Nasdaq: WSBC) and Premier Financial Corp. (“Premier”) (Nasdaq: PFC) today announced that they have received all necessary regulatory approvals for the pending merger of Premier with and into WesBanco. The companies previously announced t…
Read attachment ↗pfc-ex99_1.htm · 8-K · 2025-01-21
EX-99.1 2 pfc-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Contact: Paul Nungester EVP and CFO 419.785.8700 PNungester@yourpremierbank.com FOR IMMEDIATE RELEASE PREMIER FINANCIAL CORP. ANNOUNCES FULL YEAR 2024 RESULTS Declared dividend of $0.31 per share Fourth Quarter Highlights • Earnings per share of $0.58 or $0.63 excluding transaction costs, increases of $0.12 and $0.09, respectively, from third quarter 2024 • Interest-bearing deposit costs decreased 30 basis points from third qua…
Read attachment ↗