SCRANTON, Pa. , Oct. 22, 2019 /PRNewswire/ -- Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported ...
With more than $3 billion in combined deposits split over 24 branches and 22 institutions, Doylestown is one of the hottest locales for retail banks.
Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, is issuing this press release to report revised unaudited net income for the year ended December 31, 2019. The unaudited results of operations for the three and twelve-month periods ended December 31, 2019 and financial condition at December 31, 2019 previously reported in the company's January 24, 2020 press release should no longer be relied upon.
The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.36 per share which represents a $0.01 or 2.9% increase from the 2019 fourth quarter dividend and a $0.02 or 5.9% increase from the first quarter of 2019 dividend. The dividend is payable March 13, 2020 to shareholders of record February 28, 2020.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...
Even if it's not a huge purchase, we think it was good to see that Sandra Bodnyk, a Peoples Financial Services Corp...
Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three months ended March 31, 2020. Peoples reported net income of $5.3 million, or $0.72 per share for the three months ended March 31, 2020, a decline of 17.6% when compared to $6.4 million, or $0.87 per share for the comparable period of 2019. Pre-provision net interest income increased $1.3 million when compared to the year ago period, the result of average earning asset growth of $166.7 million. Noninterest income increased $0.1 million when comparing the three months ended March 31, 2020 to the same period in 2019 and noninterest expenses increased $0.2 million due primarily to continued investment in our market expansion. The decrease in earnings for the three months ended March 31, 2020 was primarily due to an increase in our provision for loan losses of $2.4 million. The increase in the provision resulted from the application of our allowance for loan losses methodology, and changes in qualitative factors relating to the adverse impact of the COVID-19 crisis on economic conditions.
Craig Best has been the CEO of Peoples Financial Services Corp. (NASDAQ:PFIS) since 2013. This report will, first...
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a second quarter dividend of $0.36 per share. The $0.36 equals the per share dividend declared in the prior quarter and represents a 5.9% increase over the dividend declared in the second quarter of 2019. The dividend is payable June 15, 2020 to shareholders of record May 29, 2020.
Readers hoping to buy Peoples Financial Services Corp. (NASDAQ:PFIS) for its dividend will need to make their move...
SCRANTON, Pa., Oct. 25, 2019 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (PFIS) declared a fourth quarter dividend of $0.35 per share which represents a $0.01 or 2.9% increase from the 2019 third quarter dividend and an $0.02 or 6.1% increase from the fourth quarter of 2018. The dividend is payable December 13, 2019 to shareholders of record November 29, 2019. Peoples Financial Services Corp. (the "Company") is the parent company of Peoples Security Bank and Trust Company (the "Bank"), an independent community bank serving Berks, Bucks, Carbon, Lackawanna, Lehigh, Lebanon, Luzerne, Monroe, Montgomery, Northampton, Schuylkill, Susquehanna, Wayne and Wyoming Counties in Pennsylvania and Broome County in New York through 28 offices. Each office, interdependent with the community, offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities.
Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, announced today that its board of directors has authorized a stock repurchase plan providing for the purchase of up to 225,000 shares of its outstanding common stock. The timing, price and volume of repurchases will be based on market conditions, relevant securities laws and other factors. The stock repurchases may be made from time to time on the open market or in privately negotiated transactions. The stock repurchase program does not require Peoples to repurchase any specific number of shares, and Peoples may terminate the repurchase program at any time. As of the date of this release, Peoples has approximately 7,388,480 shares of common stock outstanding.
Whilst it may not be a huge deal, we thought it was good to see that the Peoples Financial Services Corp...
Peoples Security Bank & Trust Company ("PSBT") has taken proactive measures to approve customer applications for the Paycheck Protection Program ("PPP"), a program enacted by the Federal Government in response to the economic crisis triggered by COVID-19. To date, Peoples Security Bank has processed more than $175 million to over 800 small business entities within our local communities. These loans will help to retain thousands of jobs for hard working individuals and to help support their families during this difficult time period.
It looks like Peoples Financial Services Corp. (NASDAQ:PFIS) is about to go ex-dividend in the next 3 days. You can...
We believe investing is smart because history shows that stock markets go higher in the long term. But if when you...
Craig Best has been the CEO of Peoples Financial Services Corp. (NASDAQ:PFIS) since 2013. This report will, first...
Could Peoples Financial Services Corp. (NASDAQ:PFIS) be an attractive dividend share to own for the long haul...
We'd be surprised if Peoples Financial Services Corp. (NASDAQ:PFIS) shareholders haven't noticed that the Executive...