Last Updated on November 4, 2022 by admin
DEFIANCE, Ohio (AP) — Premier Monetary Corp. (PFC) on Tuesday reported third-quarter internet revenue of $25.7 million.
The Defiance, Ohio-based financial institution mentioned it had earnings of 69 cents per share.
The outcomes surpassed Wall Avenue expectations. The common estimate of three analysts surveyed by Zacks Funding Analysis was for earnings of 52 cents per share.
The holding firm for First Federal Financial institution of the Midwest posted income of $85.2 million within the interval. Its income internet of curiosity expense was $78.three million, which additionally topped Avenue forecasts. Three analysts surveyed by Zacks anticipated $76.9 million.
Premier Monetary shares have fallen 41% because the starting of the 12 months. Within the ultimate minutes of buying and selling on Tuesday, shares hit $18.48, a decline of 38% within the final 12 months.
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