Premier Financial: Dividend Yield Of 8.45% But There Is A Better Alternative

Eugenio Catone
4.2K Followers

Summary

  • The dividend yield is very high, but history shows that in times of trouble, Premier Financial has been forced to suspend it.
  • There are regional banks such as Prosperity Bancshares with a lower dividend yield but more sustainable in the long run.
  • The macroeconomic environment is increasingly hurting this bank's net interest margin.

Money

Nodar Chernishev

Over the past few weeks, regional banks have come under pressure due to the various bank failures that are marking this period in history. The collapse in share prices has been inevitable, and Premier Financial (PFC) is no exception. However, after a collapse of nearly

This article was written by

4.2K Followers
Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old.In 2023 I graduated in Business Administration and I completed CFA level 1 in 2024. I am currently a Popular Investor on the investing platform eToro, you can see there my public portfolio. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading. That was the spark that introduced me to a new world, but over time I realized that it was not my path: too many charts, lines, and not very concrete concepts for a pragmatic person like me. I needed something different and that I found in fundamental analysis. It is a totally different approach and one that evaluates the actual results achieved by a company rather than the candlesticks made by its price per share. That was the turning point for me and I have not stopped learning ever since. I mainly invest in stocks and ETFs; I prefer US companies but I often analyze European or Chinese companies as well. Being young, my investments typically have a very long-term view; I often take a contrarian view.Seeking Alpha is a way for me to express my opinion and meet new people. My articles are intended as pure entertainment and I hope you will find them interesting.

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