DEFIANCE, Ohio (AP) — Premier Monetary Corp. (PFC) on Tuesday reported third-quarter web revenue of $25.7 million.
The Defiance, Ohio-based financial institution mentioned it had earnings of 69 cents per share.
The outcomes surpassed Wall Road expectations. The typical 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 web of curiosity expense was $78.three million, which additionally topped Road forecasts. Three analysts surveyed by Zacks anticipated $76.9 million.
Premier Monetary shares have fallen 41% for the reason that 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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