Premier Financial Bancorp Inc's Corporate Customers have recorded a rise in their cost of revenue by 22.92 % in the 2 quarter 2021 year on year, sequentially costs of revenue grew by 15.32 %. During the corresponding time, Premier Financial Bancorp Inc recorded a revenue increase by 2.93 % year on year, sequentially revenue fell by -0.03 %. While revenue at the Premier Financial Bancorp Inc 's corporate clients recorded rose by 22.17 % year on year, sequentially revenue grew by 0.23 %.
Premier Financial Bancorp Inc's Customers have recorded a rise in their cost of revenue by 22.92 % in the 2 quarter 2021 year on year, sequentially costs of revenue grew by 15.32 %, for the same period Premier Financial Bancorp Inc recorded revenue increase by 2.93 % year on year, sequentially revenue fell by -0.03 %.
Premier Financial Bancorp Inc's Comment on Sales, Marketing and Customers
Premier’s success depends primarily on the general economic conditions in
the counties in which Premier conducts business, and in the West Virginia; southern
Ohio; northern Kentucky; northern, western and south central Virginia, and the
metro Washington, DC and Richmond, Virginia areas in general. Unlike larger banks
that are more geographically diversified, Premier provides banking and financial
services to customers primarily in the West Virginia counties of Barbour, Boone,
Braxton, Calhoun, Clay, Doddridge, Gilmer, Greenbrier, Harrison, Jackson, Kanawha,
Lewis, Lincoln, Logan, Monongalia, Roane, Taylor, Upshur, Webster, Wirt and Wood,
the southern Ohio counties of Adams, Brown, Gallia, Lawrence and Scioto, the northern
Kentucky counties of Boone, Bracken, Campbell, Fleming, Greenup, Henry, Kenton,
Lewis, Mason, Robertson and Shelby, the metro Washington DC area including the
surrounding portions of northern Virginia and Maryland, the Richmond and Hampton
metro areas of south central Virginia, and the Covington and Hot Springs areas
of western Virginia. The local economic conditions in these market areas have
a significant impact on Premier’s ability to originate loans, the ability
of the borrowers to repay these loans and the value of the collateral securing
these loans.
Premier Financial Bancorp Inc’s Comment on Sales, Marketing and Customers
Premier’s success depends primarily on the general economic conditions in
the counties in which Premier conducts business, and in the West Virginia; southern
Ohio; northern Kentucky; northern, western and south central Virginia, and the
metro Washington, DC and Richmond, Virginia areas in general. Unlike larger banks
that are more geographically diversified, Premier provides banking and financial
services to customers primarily in the West Virginia counties of Barbour, Boone,
Braxton, Calhoun, Clay, Doddridge, Gilmer, Greenbrier, Harrison, Jackson, Kanawha,
Lewis, Lincoln, Logan, Monongalia, Roane, Taylor, Upshur, Webster, Wirt and Wood,
the southern Ohio counties of Adams, Brown, Gallia, Lawrence and Scioto, the northern
Kentucky counties of Boone, Bracken, Campbell, Fleming, Greenup, Henry, Kenton,
Lewis, Mason, Robertson and Shelby, the metro Washington DC area including the
surrounding portions of northern Virginia and Maryland, the Richmond and Hampton
metro areas of south central Virginia, and the Covington and Hot Springs areas
of western Virginia. The local economic conditions in these market areas have
a significant impact on Premier’s ability to originate loans, the ability
of the borrowers to repay these loans and the value of the collateral securing
these loans.
Sources:
Premier Financial Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Premier Financial Bancorp Inc’s corporate clients.
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