Peoples Financial Services: Fourth Quarter Earnings Overview

Peoples Financial Services Corp. Announces Fourth Quarter Results

Peoples Financial Services Corp., headquartered in Moosic, Pennsylvania, revealed on Friday that it achieved a net profit of $12 million for the fourth quarter.

The bank reported earnings of $1.19 per share, with adjusted earnings—excluding certain one-time items—coming in at $1.36 per share.

As the parent company of Peoples Security Bank and Trust, it recorded total revenue of $72.7 million during the quarter. After accounting for interest expenses, net revenue reached $49 million, surpassing analyst expectations.

Over the entire year, Peoples Financial Services Corp. posted a total profit of $59.2 million, translating to $5.88 per share, with annual revenue totaling $189.9 million.