OverviewSuggest Edit

First Defiance Financial Corp. is a unitary thrift holding company that, through its subsidiaries, First Federal Bank of the Midwest, First Insurance Group of the Midwest, Inc., and First Defiance Risk Management Inc., focuses on traditional banking and property and casualty, life and group health insurance products. First Federal Bank of the Midwest is a federally chartered stock savings bank that is primarily engaged in community banking. It attracts originates residential real estate loans, commercial real estate loans, commercial loans, home improvement and home equity loans and consumer loans. In addition, First Federal invests in U.S. Treasury and federal government agency obligations, obligations of the State of Ohio and its political subdivisions, mortgage-backed securities that are issued by federal agencies, including real estate mortgage investment conduits and residential collateralized mortgage obligations, and corporate bonds. First Insurance offers property and casualty insurance, life insurance and group health insurance. First Defiance Risk Management pools resources with several other similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves.

... Show more
TypePublic
Founded1995
HQDefiance, US
Websitefdef.com
Employee Ratings4

Latest Updates

Employees (est.) (Nov 2018)674(+17%)
Job Openings32
Revenue (FY, 2017)$148.2 M(+23%)
Share Price (Feb 2019)$29.5

Key People/Management at First Defiance Financial

John L. Bookmyer

John L. Bookmyer

Chairman
Kevin T. Thompson

Kevin T. Thompson

Executive Vice President – Chief Financial Officer
John R. Reisner

John R. Reisner

Executive Vice President, Legal Counsel and Chief Risk Officer
Sharon L. Davis

Sharon L. Davis

Executive Vice President, Director of Human Resources
Dennis E. Rose

Dennis E. Rose

Director of Strategy Management
Paul D. Nungester

Paul D. Nungester

Executive Vice President, Director of Finance and Accounting
Show more

First Defiance Financial Office Locations

First Defiance Financial has offices in Defiance, Fostoria, Wauseon, Napoleon and in 9 other locations
Defiance, US (HQ)
601 Clinton St
Show all (13)
Report incorrect company information

First Defiance Financial Financials and Metrics

First Defiance Financial Revenue

Embed Graph
View revenue for all periods
First Defiance Financial's revenue was reported to be $148.18 m in FY, 2017
USD

Revenue (Q2, 2018)

40.5m

Gross profit (Q2, 2018)

36.8m

Gross profit margin (Q2, 2018), %

90.7%

Net income (Q2, 2018)

11.1m

EBIT (Q2, 2018)

26.1m

Market capitalization (12-Feb-2019)

596.0m

Closing stock price (12-Feb-2019)

29.5
First Defiance Financial's current market capitalization is $596 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

74.8m76.2m112.6m121.4m148.2m

Revenue growth, %

2%6%8%

Cost of goods sold

7.2m6.6m6.8m8.4m11.4m

Gross profit

67.6m69.7m105.9m113.0m136.8m
Quarterly
USDQ1, 2014Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

25.8m27.8m29.8m30.1m30.5m34.6m37.6m37.6m39.6m40.5m

Cost of goods sold

1.7m1.7m1.9m2.1m2.2m2.4m2.8m3.1m3.2m3.8m

Gross profit

24.1m26.2m27.8m28.0m28.3m32.2m34.8m34.5m36.4m36.8m

Gross profit Margin, %

93%94%93%93%93%93%92%92%92%91%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Accounts Receivable

6.2m6.8m

Inventories

PP&E

38.6m38.2m37.0m40.2m

Goodwill

61.5m61.8m61.8m98.6m
Quarterly
USDQ1, 2014Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

PP&E

38.4m39.4m37.9m37.6m37.0m42.8m42.6m41.5m39.8m40.4m

Goodwill

61.5m61.5m61.8m61.8m61.8m90.8m98.3m98.4m98.6m98.6m

Total Assets

2.2b2.2b2.4b2.4b2.5b2.9b2.9b2.9b3.0b3.0b

Accounts Payable

1.8b1.8b1.9b1.9b1.9b2.4b2.3b2.4b2.5b2.5b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

22.2m24.3m26.4m28.8m32.3mwdxefcqufszuzezftuxetqsqxt

Inventories

Accounts Payable

Cash From Operating Activities

30.7m27.0m36.0m
Quarterly
USDQ1, 2014Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

5.2m13.2m7.1m14.4m21.5m5.1m13.5m22.9m11.7m22.8m

Depreciation and Amortization

725.0k1.6m818.0k1.7m2.5m867.0k1.8m2.7m867.0k1.7m

Cash From Operating Activities

5.3m9.5m4.8m5.2m16.3m8.3m14.7m22.0m8.9m12.9m

Cash From Investing Activities

8.6m(63.2m)(12.6m)(48.4m)(118.3m)(11.4m)(32.2m)(56.6m)(4.7m)(49.7m)
USDY, 2018

Debt/Equity

0.3 x

Financial Leverage

7.9 x
Show all financial metrics

First Defiance Financial Operating Metrics

First Defiance Financial's Total Loans was reported to be $2.4b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$24.13 m$18.70 m$16.74 m$16.61 m$16.26 m$17.71 m$16.42 m$18.20 m$14.35 m$15.06 m$30.36 m

Total Loans

$1.69 b$1.73 b$1.76 b$1.79 b$1.87 b$1.89 b$1.93 b$2.02 b$2.04 b$2.33 b$2.37 b

Total Loans Serviced for Others, units

14.27 k14.26 k14.33 k

Total Loans Serviced for Others

$1.35 b$1.34 b$1.34 b$1.35 b$1.34 b$1.34 b$1.35 b$1.37 b$1.37 b$1.38 b$1.38 b
Show all operating metrics
Report incorrect company information

First Defiance Financial Online and Social Media Presence

Embed Graph
Report incorrect company information

First Defiance Financial News and Updates

Report incorrect company information

First Defiance Financial Company Life and Culture

Report incorrect company information

First Defiance Financial Frequently Asked Questions

  • When was First Defiance Financial founded?

    First Defiance Financial was founded in 1995.

  • Who are First Defiance Financial key executives?

    First Defiance Financial's key executives are John L. Bookmyer, Kevin T. Thompson and John R. Reisner.

  • How many employees does First Defiance Financial have?

    First Defiance Financial has 674 employees.

  • What is First Defiance Financial revenue?

    Latest First Defiance Financial annual revenue is $148.2 m.

  • What is First Defiance Financial revenue per employee?

    Latest First Defiance Financial revenue per employee is $219.9 k.

  • Who are First Defiance Financial competitors?

    Competitors of First Defiance Financial include Royal Bank of Scotland, Home BancShares and Hilltop Holdings.

  • Where is First Defiance Financial headquarters?

    First Defiance Financial headquarters is located at 601 Clinton St, Defiance.

  • Where are First Defiance Financial offices?

    First Defiance Financial has offices in Defiance, Fostoria, Wauseon, Napoleon and in 9 other locations.

  • How many offices does First Defiance Financial have?

    First Defiance Financial has 13 offices.