Premier Financial: Q2 Earnings Snapshot

Premier Financial: Q2 Earnings Snapshot

DEFIANCE, Ohio (AP) _ Premier Financial Corp. (PFC) on Tuesday reported second-quarter net income of $22.4 million.

The Defiance, Ohio-based bank said it had earnings of 63 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The holding company for First Federal Bank of the Midwest posted revenue of $77.4 million in the period. Its revenue net of interest expense was $73.5 million, which also missed Street forecasts. Three analysts surveyed by Zacks expected $75 million.

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