First Defiance Financial Corporation

First Federal Bank is a wholly-owned subsidiary of First Defiance Financial Corp., based in Defiance, Ohio. First Federal is a community bank offering traditional banking services, including residential, commercial and consumer loans, as well as a broad range of deposit account services for retail and commercial customers. First Federal currently operates 33 full service branches and 42 ATM locations in northwest Ohio, southeast Michigan and northeast Indiana.
Defiance, US
Size (employees)
581 (est)
First Defiance Financial Corporation was founded in 1920 and is headquartered in Defiance, US

First Defiance Financial Corporation Office Locations

First Defiance Financial Corporation has an office in Defiance
Defiance, US (HQ)
601 Clinton St

First Defiance Financial Corporation Metrics

First Defiance Financial Corporation Financial Metrics

Revenue (2016)

$87.4 m

Revenue growth (2015-16), %


Gross profit

$78.9 m

Gross profit margin (2016), %


Net income (2016)

$28.8 m

Market capitalization (21-Mar-2017)

$456.9 m

Closing share price (21-Mar-2017)

First Defiance Financial Corporation's current market capitalization is $456.9 m.
First Defiance Financial Corporation's revenue was reported to be $87.4 m in FY, 2016 which is a 8.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$74.8 m$76.2 m$80.8 m$87.4 m

Revenue growth, %


Cost of goods sold

$7.2 m$6.6 m$6.8 m$8.4 m

Gross profit

$67.6 m$69.7 m$74.1 m$78.9 m

Gross profit Margin, %


Operating expense total

$64.8 m$66.8 m$67.9 m$71.1 m


$65.8 m$68.6 m$73.9 m$78.7 m

EBIT margin, %


Interest income

$67.6 m$69.7 m$74.1 m$78.9 m

Pre tax profit

$31.5 m$33.5 m$37.8 m$41.6 m

Net Income

$22.2 m$24.3 m$26.4 m$28.8 m
FY, 2013FY, 2014FY, 2015FY, 2016

Accounts Receivable

$6.2 m$6.8 m



$38.2 m$37 m


$61.8 m$61.8 m

Total Assets

$2.3 b$2.5 b

Accounts Payable

Total Debt

$96 m$140 m

Additional Paid-in Capital

$125.7 m$126.4 m

Retained Earnings

$219.7 m$240.6 m

Total Equity

$280.2 m$293 m

Debt to Equity Ratio

0.3 x0.5 x

Debt to Assets Ratio

0 x0.1 x

Financial Leverage

8.2 x8.5 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$22.2 m$24.3 m$26.4 m$28.8 m

Accounts Receivable

$5.8 m$6 m


Accounts Payable

Cash From Operating Activities

$30.7 m$27 m

Cash From Investing Activities

($158.5 m)

Interest Paid

$6.8 m$8.4 m

Income Taxes Paid

$10 m$12.7 m

First Defiance Financial Corporation Market Value History

First Defiance Financial Corporation Online Presence

First Defiance Financial Corporation Company Life

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