Premier Financial Corp. shines with solid quarterly figures

Premier Financial Corp., based in Defiance, Ohio, achieved an impressive net income of $20.8 million in the fourth quarter. This corresponds to earnings of 58 cents per share. Adjusted for one-time costs, earnings even rose to 63 cents per share. The parent company of First Federal Bank of the Midwest recorded revenues of $110.8 million during this period. A notable aspect is that revenues, excluding interest expenses, amounted to $65.4 million, exceeding analysts' expectations. For the entire year, the company reported a profit of $71.4 million, totaling $1.98 per share. Total revenues amounted to $251.5 million, reflecting solid financial performance.