Premier Financial Bancorp, Inc. (PFBI) Posts Quarterly Earnings Results
Premier Financial Bancorp, Inc. (NASDAQ:PFBI) announced its quarterly earnings data on Thursday. The bank reported $0.32 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $16.21 million during the quarter. Premier Financial Bancorp had a return on equity of 8.13% and a net margin of 20.75%.
Shares of Premier Financial Bancorp (NASDAQ PFBI) traded up $0.10 on Friday, hitting $20.28. The stock had a trading volume of 3,727 shares, compared to its average volume of 13,188. The firm has a market cap of $217.65 million, a PE ratio of 15.24 and a beta of 0.52.
An institutional investor recently raised its position in Premier Financial Bancorp stock. State Street Corp lifted its holdings in shares of Premier Financial Bancorp, Inc. (NASDAQ:PFBI) by 12.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 142,809 shares of the bank’s stock after buying an additional 15,897 shares during the period. State Street Corp owned about 1.35% of Premier Financial Bancorp worth $2,942,000 at the end of the most recent quarter. Institutional investors and hedge funds own 29.34% of the company’s stock.
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Premier Financial Bancorp Company Profile
Premier Financial Bancorp, Inc (Premier) is a multi-bank holding company. The Company’s banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc, Vanceburg, Kentucky and Premier Bank, Inc, Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses.
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