Premier Financial Corp. (NASDAQ: PFC) (“Premier Financial” or “the company”) is the holding company for main subsidiary, Premier Bank (“the bank”), which operates 73 branches in the Midwest, primarily in OH, a market in which PFC reflects the fourth largest deposit market share among locally headquartered banks under $100 billion in assets, as well as having a smaller presence in Eastern IN, Southeast MI, and Western PA.
In 2Q24, PFC signed a definitive merger agreement under which the company will merge with and into WesBanco, Inc. (NASDAQ: WSBC) with an anticipated close in 1Q25. The proposed merger is expected to create a $27 billion-asset franchise with operations spread…
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