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.

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Type
Public
HQ
Defiance, US
Founded
1995
Size (employees)
581 (est)
Website
fdef.com
First Defiance Financial was founded in 1995 and is headquartered in Defiance, US
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First Defiance Financial Office Locations

First Defiance Financial has offices in Fort Wayne, Fostoria, Wauseon, Napoleon and in 9 other locations
Defiance, US (HQ)
601 Clinton St
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First Defiance Financial Financials and Metrics

First Defiance Financial Revenue

First Defiance Financial's revenue was reported to be $87.38 m in FY, 2016 which is a 8.1% increase from the previous period.
USD

Revenue (Q1, 2018)

39.6 m

Gross profit (Q1, 2018)

36.4 m

Gross profit margin (Q1, 2018), %

91.9%

Net income (Q1, 2018)

11.7 m

EBIT (Q1, 2018)

26.8 m

Market capitalization (18-Jul-2018)

660.6 m

Closing share price (18-Jul-2018)

32.4
First Defiance Financial's current market capitalization is $660.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

74.8 m76.2 m80.8 m87.4 m

Revenue growth, %

2%6%8%

Cost of goods sold

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

Gross profit

67.6 m69.7 m74.1 m78.9 m
Quarterly
USDQ1, 2017Q1, 2018

Revenue

39.6 m

Cost of goods sold

3.2 m

Gross profit

36.4 m

Gross profit Margin, %

92%
Annual
USDFY, 2015FY, 2016FY, 2017

Accounts Receivable

6.2 m6.8 m

Inventories

PP&E

38.2 m37 m40.2 m

Goodwill

61.8 m61.8 m98.6 m
Quarterly
USDQ1, 2018

PP&E

39.8 m

Goodwill

98.6 m

Total Assets

3 b

Accounts Payable

2.5 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Inventories

Accounts Payable

Cash From Operating Activities

30.7 m27 m36 m
Quarterly
USDQ1, 2017Q1, 2018

Net Income

5.1 m11.7 m

Depreciation and Amortization

867 k867 k

Cash From Operating Activities

8.3 m8.9 m

Cash From Investing Activities

(11.4 m)(4.7 m)
USDY, 2018

Financial Leverage

8 x
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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
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First Defiance Financial Online and Social Media Presence

Embed Graph
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First Defiance Financial News and Updates

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First Defiance Financial Company Life and Culture

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