Premier Finl Bncp (PFBI) 16.73 $PFBI
Premier Financial Bancorp, Inc. Announces Second Quarter Dividend
PR Newswire - Tue May 24, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER) (NASDAQ/GMS-PFBI) a $1.5 billion community bank holding company with two bank subsidiaries announced today that it will pay a second quarter cash dividend of $0.15 per share on its common stock. At its regularly scheduled May meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on June 15, 2016. The cash dividend will be paid to shareholders on June 30, 2016.
PFBI: 16.73 (+0.13)
Premier Financial posts 1Q profit
Automated Insights - Tue May 10, 7:21AM CDT
HUNTINGTON, W.Va. (AP) _ Premier Financial Bancorp Inc. (PFBI) on Tuesday reported first-quarter profit of $3 million.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports First Quarter 2016 Earnings
PR Newswire - Tue May 10, 7:00AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.5 billion bank holding company with two bank subsidiaries, announced its financial results for the first quarter of 2016. Premier realized net income of $2,979,000 during the quarter ended March 31, 2016, a 5.2% decrease from the $3,142,000 of net income reported for the first quarter of 2015. On a diluted per share basis, Premier earned $0.32 during the first quarter of 2016 compared to $0.36 per share earned during the first quarter of 2015. The decrease in income in the first three months of 2016 is largely due to an increase in the provision for loan losses when compared to the first quarter of 2015 and an increase in operating expenses resulting from the operations of the newly acquired First National Bank ("First National"
, which were not included in Premier's first quarter 2015 results. First National, a wholly owned subsidiary of First National Bankshares Corporation ("Bankshares" headquartered in Ronceverte, West Virginia, was purchased as part of Premier's acquisition of Bankshares on January 15, 2016. Premier issued 1.4 million shares of its common stock valued at approximately $22,041,000 to the shareholders of Bankshares. On March 4, 2016, as part of Premier's assimilation of Bankshares, First National was converted to Premier's operating systems and merged into Premier Bank, Inc., a wholly own subsidiary of Premier. The six branches of First National became branches of Premier Bank and now comprise the bank's second largest operating division. The operations of First National's six branches plus the operations of Bankshares are only included in the operations of Premier since the January 15, 2016 acquisition date.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces 2015 Annual Financial Results
PR Newswire - Tue Mar 08, 7:00AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.5 billion bank holding company with two bank subsidiaries, announced its financial results for the 2015 calendar year. Premier realized annual net income of $12,446,000 ($1.49 per diluted share) during the year ending December 31, 2015, a $704,000, or 5.4%, decrease from the $13,150,000 ($1.46 per diluted share) reported for the year ending December 31, 2014. Net income decreased in 2015 when compared to 2014 results, as an increase in non-interest income and decreases in interest expense and the provision for loan losses were not enough to offset an increase in operating costs and a slight decrease in interest income.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp completes acquisition of First National Bankshares
M2 - Fri Jan 22, 5:33AM CST
Premier Financial Bancorp, Inc. (NASDAQ/GMS: PFBI) has completed its acquisition of the First National Bankshares Corporation as of January 15, 2016, under terms of an agreement of merger dated July 6, 2015, the company said. Each share of First National common stock will be entitled to receive 1.690 shares of Premier common stock, with Premier issuing approximately 1.4 million shares as a result of the acquisition. The resulting merger will expand Premier's footprint into the Greenbrier Valley of West Virginia and into Covington, Virginia. Premier Financial Bancorp, Inc. is a USD1.3-billion community bank holding company with two bank subsidiaries. First National is a USD245-million single bank holding company (as of September 30, 2015) headquartered in Ronceverte, West Virginia, and is the parent company of First National Bank also headquartered in Ronceverte, West Virginia.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports Third Quarter 2015 Earnings
PR Newswire - Tue Nov 03, 7:30AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.26 billion bank holding company with two bank subsidiaries, announced its financial results for the third quarter of 2015. Premier realized net income of $3,325,000 (40 cents per diluted share) during the quarter ended September 30, 2015, a 5.5% increase from the $3,151,000 of net income reported for the third quarter of 2014. The increase in income in the third quarter of 2015 is largely due to an increase in interest income, a decrease in interest expense and a decrease in the provision for loan losses, all of which more than offset an increase in net operating expenses. On a diluted per share basis, Premier earned $0.40 during the third quarter of 2015 compared to $0.34 per share earned during the third quarter of 2014. For the first nine months of 2015 Premier realized net income of $9,594,000 ($1.14 per diluted share) compared to $9,921,000 ($1.09 per diluted share) earned during the first nine months of 2014.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces 15% Increase In Quarterly Dividend
PR Newswire - Tue Aug 25, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI) a $1.3 billion community bank holding company with two bank subsidiaries announced today that it will pay a third quarter cash dividend of $0.15 per share on its common stock, a $0.02 or 15.3%, increase from the $0.13 quarterly cash dividend which began in the fourth quarter of 2014. At its regularly scheduled August meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on September 15, 2015. The cash dividend will be paid to shareholders on September 30, 2015.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports Second Quarter 2015 Earnings
PR Newswire - Tue Aug 04, 7:15AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.25 billion bank holding company with two bank subsidiaries, announced its financial results for the second quarter of 2015. Premier realized net income of $3,127,000 (37 cents per diluted share) during the quarter ended June 30, 2015, a 0.9% increase from the $3,100,000 of net income reported for the second quarter of 2014. The increase in income in the second quarter of 2015 is largely due to an increase in interest income, a decrease in interest expense and a decrease in the provision for loan losses, which more than offset an increase in net operating expenses. On a diluted per share basis, Premier earned $0.37 during the second quarter of 2015 compared to $0.34 per share earned during the second quarter of 2014. For the first half of 2015 Premier realized net income of $6,269,000 (74 cents per diluted share) compared to $6,770,000 (75 cents per diluted share) earned during the first half of 2014.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial declares Q2 dividend of USD0.13 per share
M2 - Fri May 22, 3:33AM CDT
Premier Financial Bancorp Inc (NASDAQ/GMS
FBI) revealed on Thursday a second quarter cash dividend of USD0.13 per share on its common stock, as authorised by its board of directors.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces Repurchase of Common Stock Warrant
PR Newswire - Fri May 08, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.3 billion bank holding company with two bank subsidiaries, announced today that it has completed the repurchase of the common stock Warrant it issued to the U.S. Treasury on October 2, 2009 as part of the Troubled Asset Relief Program ("TARP". The Warrant, for 636,378 shares of common stock at an exercise price of $5.25 per share, as adjusted, was purchased by Premier for an aggregate price of $5,675,000. The purchase price was based on the fair market value as agreed upon by both parties.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces Second Quarter Dividend
PR Newswire - Tue May 24, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER) (NASDAQ/GMS-PFBI) a $1.5 billion community bank holding company with two bank subsidiaries announced today that it will pay a second quarter cash dividend of $0.15 per share on its common stock. At its regularly scheduled May meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on June 15, 2016. The cash dividend will be paid to shareholders on June 30, 2016.
PFBI: 16.73 (+0.13)
Premier Financial posts 1Q profit
Automated Insights - Tue May 10, 7:21AM CDT
HUNTINGTON, W.Va. (AP) _ Premier Financial Bancorp Inc. (PFBI) on Tuesday reported first-quarter profit of $3 million.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports First Quarter 2016 Earnings
PR Newswire - Tue May 10, 7:00AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.5 billion bank holding company with two bank subsidiaries, announced its financial results for the first quarter of 2016. Premier realized net income of $2,979,000 during the quarter ended March 31, 2016, a 5.2% decrease from the $3,142,000 of net income reported for the first quarter of 2015. On a diluted per share basis, Premier earned $0.32 during the first quarter of 2016 compared to $0.36 per share earned during the first quarter of 2015. The decrease in income in the first three months of 2016 is largely due to an increase in the provision for loan losses when compared to the first quarter of 2015 and an increase in operating expenses resulting from the operations of the newly acquired First National Bank ("First National"
, which were not included in Premier's first quarter 2015 results. First National, a wholly owned subsidiary of First National Bankshares Corporation ("Bankshares" headquartered in Ronceverte, West Virginia, was purchased as part of Premier's acquisition of Bankshares on January 15, 2016. Premier issued 1.4 million shares of its common stock valued at approximately $22,041,000 to the shareholders of Bankshares. On March 4, 2016, as part of Premier's assimilation of Bankshares, First National was converted to Premier's operating systems and merged into Premier Bank, Inc., a wholly own subsidiary of Premier. The six branches of First National became branches of Premier Bank and now comprise the bank's second largest operating division. The operations of First National's six branches plus the operations of Bankshares are only included in the operations of Premier since the January 15, 2016 acquisition date. PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces 2015 Annual Financial Results
PR Newswire - Tue Mar 08, 7:00AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI), a $1.5 billion bank holding company with two bank subsidiaries, announced its financial results for the 2015 calendar year. Premier realized annual net income of $12,446,000 ($1.49 per diluted share) during the year ending December 31, 2015, a $704,000, or 5.4%, decrease from the $13,150,000 ($1.46 per diluted share) reported for the year ending December 31, 2014. Net income decreased in 2015 when compared to 2014 results, as an increase in non-interest income and decreases in interest expense and the provision for loan losses were not enough to offset an increase in operating costs and a slight decrease in interest income.
PFBI: 16.73 (+0.13)
Premier Financial Bancorp completes acquisition of First National Bankshares
M2 - Fri Jan 22, 5:33AM CST
Premier Financial Bancorp, Inc. (NASDAQ/GMS: PFBI) has completed its acquisition of the First National Bankshares Corporation as of January 15, 2016, under terms of an agreement of merger dated July 6, 2015, the company said. Each share of First National common stock will be entitled to receive 1.690 shares of Premier common stock, with Premier issuing approximately 1.4 million shares as a result of the acquisition. The resulting merger will expand Premier's footprint into the Greenbrier Valley of West Virginia and into Covington, Virginia. Premier Financial Bancorp, Inc. is a USD1.3-billion community bank holding company with two bank subsidiaries. First National is a USD245-million single bank holding company (as of September 30, 2015) headquartered in Ronceverte, West Virginia, and is the parent company of First National Bank also headquartered in Ronceverte, West Virginia.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports Third Quarter 2015 Earnings
PR Newswire - Tue Nov 03, 7:30AM CST
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.26 billion bank holding company with two bank subsidiaries, announced its financial results for the third quarter of 2015. Premier realized net income of $3,325,000 (40 cents per diluted share) during the quarter ended September 30, 2015, a 5.5% increase from the $3,151,000 of net income reported for the third quarter of 2014. The increase in income in the third quarter of 2015 is largely due to an increase in interest income, a decrease in interest expense and a decrease in the provision for loan losses, all of which more than offset an increase in net operating expenses. On a diluted per share basis, Premier earned $0.40 during the third quarter of 2015 compared to $0.34 per share earned during the third quarter of 2014. For the first nine months of 2015 Premier realized net income of $9,594,000 ($1.14 per diluted share) compared to $9,921,000 ($1.09 per diluted share) earned during the first nine months of 2014.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces 15% Increase In Quarterly Dividend
PR Newswire - Tue Aug 25, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS: PFBI) a $1.3 billion community bank holding company with two bank subsidiaries announced today that it will pay a third quarter cash dividend of $0.15 per share on its common stock, a $0.02 or 15.3%, increase from the $0.13 quarterly cash dividend which began in the fourth quarter of 2014. At its regularly scheduled August meeting, the board of directors declared a $0.15 per share dividend to common shareholders of record on September 15, 2015. The cash dividend will be paid to shareholders on September 30, 2015.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Reports Second Quarter 2015 Earnings
PR Newswire - Tue Aug 04, 7:15AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.25 billion bank holding company with two bank subsidiaries, announced its financial results for the second quarter of 2015. Premier realized net income of $3,127,000 (37 cents per diluted share) during the quarter ended June 30, 2015, a 0.9% increase from the $3,100,000 of net income reported for the second quarter of 2014. The increase in income in the second quarter of 2015 is largely due to an increase in interest income, a decrease in interest expense and a decrease in the provision for loan losses, which more than offset an increase in net operating expenses. On a diluted per share basis, Premier earned $0.37 during the second quarter of 2015 compared to $0.34 per share earned during the second quarter of 2014. For the first half of 2015 Premier realized net income of $6,269,000 (74 cents per diluted share) compared to $6,770,000 (75 cents per diluted share) earned during the first half of 2014.
NKSH: 33.22 (-0.36), PFBI: 16.73 (+0.13)
Premier Financial declares Q2 dividend of USD0.13 per share
M2 - Fri May 22, 3:33AM CDT
Premier Financial Bancorp Inc (NASDAQ/GMS
FBI) revealed on Thursday a second quarter cash dividend of USD0.13 per share on its common stock, as authorised by its board of directors. PFBI: 16.73 (+0.13)
Premier Financial Bancorp, Inc. Announces Repurchase of Common Stock Warrant
PR Newswire - Fri May 08, 7:30AM CDT
PREMIER FINANCIAL BANCORP, INC. (PREMIER), (NASDAQ/GMS-PFBI), a $1.3 billion bank holding company with two bank subsidiaries, announced today that it has completed the repurchase of the common stock Warrant it issued to the U.S. Treasury on October 2, 2009 as part of the Troubled Asset Relief Program ("TARP"
. The Warrant, for 636,378 shares of common stock at an exercise price of $5.25 per share, as adjusted, was purchased by Premier for an aggregate price of $5,675,000. The purchase price was based on the fair market value as agreed upon by both parties. PFBI: 16.73 (+0.13)
