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Business News

First Niles reports 3Q income growth

NILES — First Niles Financial Inc., the holding company for Home Federal Savings and Loan Association of Niles, reported net income of $216,000 for the quarter that ended Sept. 30, compared to a net loss of $2,000 for the same period one year ago. The company in its third quarter earnings ...

Premier Financial reports 3rd quarter financial results

YOUNGSTOWN — Premier Financial Corp., the holding company for Premier Bank in Youngstown, launched a new digital banking platform in October, the banking company announced in its third quarter financial report. The initiative, according to Gary Small, Premier president / CEO, is designed ...

Farmers’ net income falls to $13.3M in 3rd quarter

CANFIELD — Farmers National Bank Corp., the holding company of Farmers National Bank, reported net income of $13.3 million in the third quarter, a decrease from $15.4 million for the same three-month period in 2022. The quarter’s net income included pretax items of $268,000 for ...

Business incubator, BRITE get funds for green initiative

BRITE Energy Innovators in Warren and the Youngstown Business Incubator are part of an initiative awarded a $500,000 planning grant to create an economic hub for green-product manufacturing and a regional supply chain in Upper a. The one-year project aims to prepare the region spanning ...

Business briefs

POWER COMPANY NAMED TO BEST-OF LIST: Akron-based FirstEnergy Corp. has been named to the inaugural 2023-24 list of Best Companies to Work For in the utility industry by U.S. News & World Report. The recognition reflects FirstEnergy’s commitment to its team members through quality pay and ...

Business briefs

PREMIER FINANCIAL CORP. NAMED TO LIST: Premier Financial Corp. has been named to the Piper Sandler Sm-All Stars Class of 2023, a list of the top-performing small-cap banks and thrifts in the country. To earn the status, companies needed to have a market cap below $2.5 billion as of Sept. 15 ...