Premier Financial Corp
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installm… Read more
Premier Financial Corp (PFC) - Net Assets
Latest net assets as of December 2024: $1.00 Billion USD
Based on the latest financial reports, Premier Financial Corp (PFC) has net assets worth $1.00 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.58 Billion) and total liabilities ($7.58 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.00 Billion |
| % of Total Assets | 11.67% |
| Annual Growth Rate | 9.19% |
| 5-Year Change | -85.94% |
| 10-Year Change | 257.54% |
| Growth Volatility | 132.45 |
Premier Financial Corp - Net Assets Trend (1993–2024)
This chart illustrates how Premier Financial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Premier Financial Corp (1993–2024)
The table below shows the annual net assets of Premier Financial Corp from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.00 Billion | +2.68% |
| 2023-12-31 | $975.63 Million | +9.90% |
| 2022-12-31 | $887.72 Million | -88.00% |
| 2021-12-31 | $7.40 Billion | +3.78% |
| 2020-12-31 | $7.13 Billion | +113.15% |
| 2019-12-31 | $3.34 Billion | +736.74% |
| 2018-12-31 | $399.59 Million | +7.05% |
| 2017-12-31 | $373.29 Million | +27.39% |
| 2016-12-31 | $293.02 Million | +4.58% |
| 2015-12-31 | $280.20 Million | +0.45% |
| 2014-12-31 | $278.95 Million | +2.50% |
| 2013-12-31 | $272.15 Million | +5.43% |
| 2012-12-31 | $258.13 Million | -7.19% |
| 2011-12-31 | $278.13 Million | +15.73% |
| 2010-12-31 | $240.33 Million | +2.67% |
| 2009-12-31 | $234.09 Million | +2.15% |
| 2008-12-31 | $229.16 Million | +38.09% |
| 2007-12-31 | $165.95 Million | +3.83% |
| 2006-12-31 | $159.82 Million | +5.69% |
| 2005-12-31 | $151.22 Million | +19.19% |
| 2004-12-31 | $126.87 Million | +2.10% |
| 2003-12-31 | $124.27 Million | +3.46% |
| 2002-12-31 | $120.11 Million | +8.19% |
| 2001-12-31 | $111.02 Million | +11.61% |
| 2000-12-31 | $99.47 Million | +11.27% |
| 1999-12-31 | $89.40 Million | -4.59% |
| 1998-12-31 | $93.70 Million | -12.35% |
| 1997-12-31 | $106.90 Million | -8.32% |
| 1996-12-31 | $116.60 Million | -12.66% |
| 1995-12-31 | $133.50 Million | +95.18% |
| 1994-12-31 | $68.40 Million | +4.11% |
| 1993-12-31 | $65.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Premier Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1164.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $596.93 Million | 59.59% |
| Common Stock | $306.00K | 0.03% |
| Other Comprehensive Income | $-156.82 Million | -15.65% |
| Other Components | $561.39 Million | 56.04% |
| Total Equity | $1.00 Billion | 100.00% |
Premier Financial Corp Competitors by Market Cap
The table below lists competitors of Premier Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fielmann AG
LSE:0MG1
|
$982.64 Million |
|
Also Holding AG
SW:ALSN
|
$982.70 Million |
|
Ship Healthcare Holdings Inc
PINK:SHHPF
|
$982.93 Million |
|
CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A
SA:TRPL3
|
$983.01 Million |
|
ArcSoft Corp Ltd
SHG:688088
|
$982.32 Million |
|
Guangdong Taienkang Pharmaceutical Co. Ltd
SHE:301263
|
$982.12 Million |
|
OceanFirst Financial Corp
NASDAQ:OCFC
|
$981.48 Million |
|
BNP Paribas Bank Polska S.A.
WAR:BNP
|
$981.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premier Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 975,627,000 to 1,001,813,000, a change of 26,186,000 (2.7%).
- Net income of 64,042,000 contributed positively to equity growth.
- Dividend payments of 44,409,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,099,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $64.04 Million | +6.39% |
| Dividends Paid | $44.41 Million | -4.43% |
| Other Comprehensive Income | $-3.10 Million | -0.31% |
| Other Changes | $9.65 Million | +0.96% |
| Total Change | $- | 2.68% |
Book Value vs Market Value Analysis
This analysis compares Premier Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 58.97x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.48 | $28.04 | x |
| 1994-12-31 | $3.11 | $28.04 | x |
| 1995-12-31 | $6.43 | $28.04 | x |
| 1996-12-31 | $5.83 | $28.04 | x |
| 1997-12-31 | $6.14 | $28.04 | x |
| 1998-12-31 | $6.05 | $28.04 | x |
| 1999-12-31 | $6.71 | $28.04 | x |
| 2000-12-31 | $7.76 | $28.04 | x |
| 2001-12-31 | $8.36 | $28.04 | x |
| 2002-12-31 | $9.08 | $28.04 | x |
| 2003-12-31 | $9.82 | $28.04 | x |
| 2004-12-31 | $9.93 | $28.04 | x |
| 2005-12-31 | $10.67 | $28.04 | x |
| 2006-12-31 | $11.17 | $28.04 | x |
| 2007-12-31 | $11.58 | $28.04 | x |
| 2008-12-31 | $14.47 | $28.04 | x |
| 2009-12-31 | $14.28 | $28.04 | x |
| 2010-12-31 | $14.74 | $28.04 | x |
| 2011-12-31 | $14.58 | $28.04 | x |
| 2012-12-31 | $12.91 | $28.04 | x |
| 2013-12-31 | $13.38 | $28.04 | x |
| 2014-12-31 | $13.98 | $28.04 | x |
| 2015-12-31 | $14.93 | $28.04 | x |
| 2016-12-31 | $16.18 | $28.04 | x |
| 2017-12-31 | $18.60 | $28.04 | x |
| 2018-12-31 | $19.54 | $28.04 | x |
| 2019-12-31 | $21.38 | $28.04 | x |
| 2020-12-31 | $27.32 | $28.04 | x |
| 2021-12-31 | $27.51 | $28.04 | x |
| 2022-12-31 | $24.79 | $28.04 | x |
| 2023-12-31 | $27.27 | $28.04 | x |
| 2024-12-31 | $27.95 | $28.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premier Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.31%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.57x
- Recent ROE (6.39%) is below the historical average (8.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 9.74% | 33.68% | 0.04x | 7.11x | $-170.00K |
| 1994 | 8.77% | 31.09% | 0.04x | 6.89x | $-840.00K |
| 1995 | 4.12% | 28.50% | 0.04x | 3.94x | $-7.85 Million |
| 1996 | 3.60% | 18.18% | 0.04x | 4.66x | $-7.46 Million |
| 1997 | 5.05% | 22.41% | 0.04x | 5.42x | $-5.29 Million |
| 1998 | 3.31% | 7.83% | 0.05x | 8.38x | $-6.27 Million |
| 1999 | 9.62% | 13.74% | 0.06x | 11.05x | $-340.00K |
| 2000 | 11.02% | 14.63% | 0.07x | 10.78x | $1.02 Million |
| 2001 | 12.26% | 14.58% | 0.08x | 10.20x | $2.51 Million |
| 2002 | 12.55% | 40.73% | 0.04x | 7.36x | $3.07 Million |
| 2003 | 9.72% | 25.24% | 0.05x | 8.37x | $-344.90K |
| 2004 | 8.51% | 22.01% | 0.04x | 8.88x | $-1.89 Million |
| 2005 | 7.92% | 18.94% | 0.04x | 9.66x | $-3.15 Million |
| 2006 | 9.76% | 22.73% | 0.04x | 9.56x | $-382.50K |
| 2007 | 8.38% | 19.64% | 0.04x | 9.70x | $-2.69 Million |
| 2008 | 3.21% | 9.05% | 0.04x | 8.54x | $-15.56 Million |
| 2009 | 3.07% | 7.37% | 0.05x | 8.79x | $-16.21 Million |
| 2010 | 3.37% | 8.27% | 0.05x | 8.47x | $-15.92 Million |
| 2011 | 5.59% | 15.95% | 0.05x | 7.44x | $-12.28 Million |
| 2012 | 7.23% | 18.05% | 0.05x | 7.93x | $-7.15 Million |
| 2013 | 8.17% | 22.57% | 0.05x | 7.85x | $-4.98 Million |
| 2014 | 8.51% | 23.43% | 0.05x | 7.81x | $-4.15 Million |
| 2015 | 9.43% | 24.96% | 0.05x | 8.20x | $-1.60 Million |
| 2016 | 9.84% | 25.53% | 0.05x | 8.45x | $-458.80K |
| 2017 | 8.64% | 23.60% | 0.05x | 8.02x | $-5.06 Million |
| 2018 | 11.57% | 31.36% | 0.05x | 7.96x | $6.29 Million |
| 2019 | 11.58% | 30.74% | 0.05x | 8.14x | $6.75 Million |
| 2020 | 6.42% | 21.85% | 0.04x | 7.34x | $-35.15 Million |
| 2021 | 10.17% | 33.88% | 0.04x | 7.31x | $1.78 Million |
| 2022 | 10.40% | 30.26% | 0.04x | 9.52x | $3.54 Million |
| 2023 | 10.72% | 34.79% | 0.03x | 8.84x | $6.99 Million |
| 2024 | 6.39% | 16.31% | 0.05x | 8.57x | $-36.14 Million |
Industry Comparison
This section compares Premier Financial Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Premier Financial Corp (PFC) | $1.00 Billion | 9.74% | 7.57x | $982.41 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |