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Premier Financial (Premier Financial) Scaled Net Operating Assets : 0.03 (As of Dec. 2023)


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What is Premier Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Financial's operating assets for the quarter that ended in Dec. 2023 was $7,564.5 Mil. Premier Financial's operating liabilities for the quarter that ended in Dec. 2023 was $7,285.1 Mil. Premier Financial's Total Assets for the quarter that ended in Sep. 2023 was $8,562.9 Mil. Therefore, Premier Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.03.


Premier Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(8511.193-7285.093)/8455.342
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8625.949 - 114.756
=8511.193

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7650.322 - 365.229 - 0
=7285.093

Premier Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(7564.485-7285.093)/8562.876
=0.03

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8625.949 - 1061.464
=7564.485

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7650.322 - 365.229 - 0
=7285.093

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Premier Financial Scaled Net Operating Assets Related Terms

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Premier Financial (Premier Financial) Business Description

Traded in Other Exchanges
N/A
Address
601 Clinton Street, Defiance, OH, USA, 43512
Premier Financial Corp is a financial holding company that operates as a community banking and financial services corporation. It offers a broad range of financial services through its subsidiaries including checking accounts, savings accounts, certificates of deposit, real estate mortgage loans, commercial loans, consumer loans, home equity loans, and trust and wealth management services.
Executives
Rose Dennis E Jr officer: EVP, First Federal Bank 601 CLINTON STREET, DEFIANCE OH 43512
Donald P. Hileman officer: Executive Vice President, CFO 601 CLINTON STREET, DEFIANCE OH 43512
Rick L. Hull officer: EVP Head of Commercial Banking 44 AUBURN AVENUE SE, NORTH CANTON OH 44720
John Michael Houpt officer: EVP, Chief Credit Officer 601 CLINTON STREET, DEFIANCE OH 43512
Louis Michael Altman director 1111 EASTWOOD STREET NE, CANTON OH 44714
Craig Sciara officer: EVP, Chief Credit Officer 601 CLINTON STREET, DEFIANCE OH 43512
Terri A Bettinger director 601 CLINTON STREET, DEFIANCE OH 43512
Richard J Schiraldi director 275 FEDERAL PLAZA WEST, YOUNGSTOWN OH 44503
Jason Gendics officer: See Remarks 275 WEST FEDERAL STREET, YOUNGSTOWN OH 44503-1203
Nikki Robinson Lanier director 601 CLINTON STREET, DEFIANCE OH 43512
Samuel S Strausbaugh director 601 CLINTON ST., DEFIANCE OH 43512
Varun Chandhok officer: EVP, Chief Information Officer 601 CLINTON STREET, DEFIANCE OH 43512
Tina Nutter officer: EVP, Chief Risk Officer 601 CLINTON STREET, DEFIANCE OH 43512
Shannon M Kuhl officer: EVP, Chief Legal Officer 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Jude J. Nohra officer: See Remarks 275 FEDERAL PLAZA WEST, YOUNGSTOWN OH 44503