Leading Fiscal: 4Q Earnings Snapshot

Jan. 26, 2021Up-to-date: Jan. 26, 2021 2 p.m. DEFIANCE, Ohio (AP) _ Premier Economical Corp. (PFC) on Tuesday documented fourth-quarter web earnings of $30.8 million. The Defiance, Ohio-dependent bank explained it experienced earnings of 82 cents per share. Earnings, modified for fees related to mergers and acquisitions, ended up 87 cents […]

DEFIANCE, Ohio (AP) _ Premier Economical Corp. (PFC) on Tuesday documented fourth-quarter web earnings of $30.8 million.

The Defiance, Ohio-dependent bank explained it experienced earnings of 82 cents per share. Earnings, modified for fees related to mergers and acquisitions, ended up 87 cents for every share.

The success conquer Wall Street expectations. The normal estimate of a few analysts surveyed by Zacks Financial commitment Study was for earnings of 72 cents for each share.

The holding company for 1st Federal Financial institution of the Midwest posted profits of $79.5 million in the time period. Its income net of curiosity price was $73.6 million, slipping quick of Street forecasts. Three analysts surveyed by Zacks envisioned $74.7 million.


For the yr, the organization documented profit of $63.1 million, or $1.75 for each share. Revenue was documented as $288.7 million.

Premier Economic shares have enhanced 15% considering the fact that the beginning of the 12 months. In the closing minutes of investing on Tuesday, shares strike $26.45, a lessen of 15% in the last 12 months.

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This story was produced by Automated Insights (http://automatedinsights.com/ap) utilizing info from Zacks Investment Study. Access a Zacks stock report on PFC at https://www.zacks.com/ap/PFC

Della C. Mae

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