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) - Total Assets
Latest total assets as of December 2024: $8.58 Billion USD
Based on the latest financial reports, Premier Financial Corp (PFC) holds total assets worth $8.58 Billion USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Premier Financial Corp - Total Assets Trend (1993–2024)
This chart illustrates how Premier Financial Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Premier Financial Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Premier Financial Corp's total assets of $8.58 Billion consist of 89.5% current assets and 10.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $6.44 Billion | 75.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.49 Million | 0.1% |
| Goodwill | $295.60 Million | 3.4% |
Asset Composition Trend (1993–2024)
This chart illustrates how Premier Financial Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Premier Financial Corp's current assets represent 89.5% of total assets in 2024, an increase from 2.4% in 1993.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 1.8% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 75.0% of total assets.
Premier Financial Corp Competitors by Total Assets
Key competitors of Premier Financial Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Premier Financial Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Premier Financial Corp generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Premier Financial Corp generates $ 0.75 in net profit.
Premier Financial Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.30 | 0.57 | 15.01 |
| Quick Ratio | 2.30 | 0.65 | 14.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.43 Billion | $ -818.04 Million | $ 16.81 Million |
Premier Financial Corp - Advanced Valuation Insights
This section examines the relationship between Premier Financial Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.00 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | $8.58 Billion |
| Market Capitalization | $982.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Premier Financial Corp's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Premier Financial Corp's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Premier Financial Corp (1993–2024)
The table below shows the annual total assets of Premier Financial Corp from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.58 Billion | -0.51% |
| 2023-12-31 | $8.63 Billion | +2.02% |
| 2022-12-31 | $8.46 Billion | +13.02% |
| 2021-12-31 | $7.48 Billion | +3.74% |
| 2020-12-31 | $7.21 Billion | +107.89% |
| 2019-12-31 | $3.47 Billion | +9.01% |
| 2018-12-31 | $3.18 Billion | +6.31% |
| 2017-12-31 | $2.99 Billion | +20.92% |
| 2016-12-31 | $2.48 Billion | +7.75% |
| 2015-12-31 | $2.30 Billion | +5.45% |
| 2014-12-31 | $2.18 Billion | +1.96% |
| 2013-12-31 | $2.14 Billion | +4.41% |
| 2012-12-31 | $2.05 Billion | -1.03% |
| 2011-12-31 | $2.07 Billion | +1.56% |
| 2010-12-31 | $2.04 Billion | -1.02% |
| 2009-12-31 | $2.06 Billion | +5.12% |
| 2008-12-31 | $1.96 Billion | +21.62% |
| 2007-12-31 | $1.61 Billion | +5.34% |
| 2006-12-31 | $1.53 Billion | +4.57% |
| 2005-12-31 | $1.46 Billion | +29.68% |
| 2004-12-31 | $1.13 Billion | +8.27% |
| 2003-12-31 | $1.04 Billion | +17.68% |
| 2002-12-31 | $884.25 Million | -21.93% |
| 2001-12-31 | $1.13 Billion | +5.64% |
| 2000-12-31 | $1.07 Billion | +8.52% |
| 1999-12-31 | $988.00 Million | +25.80% |
| 1998-12-31 | $785.40 Million | +35.48% |
| 1997-12-31 | $579.70 Million | +6.68% |
| 1996-12-31 | $543.40 Million | +3.39% |
| 1995-12-31 | $525.60 Million | +11.47% |
| 1994-12-31 | $471.50 Million | +0.90% |
| 1993-12-31 | $467.30 Million | -- |