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Sep 30, 2020
Premier Financial Q3 2020 Earnings Report
Premier Financial Corp. announced strong third quarter earnings, driven by efficiency and non-interest income growth.
Key Takeaways
Premier Financial Corp. reported a strong third quarter with net income of $25.7 million, or $0.69 per share. Excluding merger-related expenses, net income was $28.6 million, or $0.77 per share. The quarter benefited from solid core profitability and non-interest income growth.
Net income reached $25.7 million, or $28.6 million excluding merger-related expenses.
Earnings per share were $0.69, or $0.77 excluding merger-related expenses.
Average loan growth was $166 million, representing 3.1% quarterly growth.
Average deposit growth was $247 million, representing 4.5% quarterly growth.
Forward Guidance
No specific forward guidance was provided in the document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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