First Defiance posts 4Q profit

DEFIANCE, Ohio (AP) _ First Defiance Financial Corp. (FDEF) on Monday reported fourth-quarter profit of $7.4 million.

The Defiance, Ohio-based company said it had net income of 81 cents per share.

The holding company for First Federal Bank of the Midwest posted revenue of $31.1 million in the period. Its adjusted revenue was $28.8 million.

For the year, the company reported profit of $28.8 million, or $3.19 per share. Revenue was reported as $113 million.

First Defiance shares have fallen almost 6 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $47.78, a rise of 28 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDEF at https://www.zacks.com/ap/FDEF

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