Peoples Financial Services Corp (OQ:PFIS)
Business Focus: Commercial Banks
Mar 22, 2024 04:10 pm ET
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Receipt of Shareholder Approval for Merger
SCRANTON, Pa. and DUNMORE, Pa., March 22, 2024 /PRNewswire/ -- Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) today announced that at special meetings of their respective shareholders held on March 22, 2024, Peoples and FNCB shareholders approved the merger of FNCB with and into Peoples, with Peoples as the surviving corporation pursuant to the Agreement and Plan of Merger, dated as of September 27, 2023, by and between Peoples and FNCB. The closing of the proposed merger remains subject to regulatory approvals and certain other cus
Jan 26, 2024 05:48 pm ET
FNCB BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FNCB Bancorp, Inc. - FNCB
NEW ORLEANS, Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of FNCB Bancorp, Inc. (NasdaqCM: FNCB) to Peoples Financial Services Corp. (NasdaqGS: PFIS). Under the terms of the proposed transaction, shareholders of FNCB will receive 0.1460 shares of Peoples common stock for each share of FNCB that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Compan
Jan 26, 2024 12:24 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2024 Dividend
SCRANTON, Pa., Jan. 26, 2024 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.41 per share. The $0.41 dividend represents the same amount of dividend declared in the first quarter of 2023. The dividend is payable March 15, 2024 to shareholders of record February 29, 2024.
Jan 25, 2024 03:21 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2023 Earnings
SCRANTON, Pa., Jan. 25, 2024 /PRNewswire/ -- 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 and twelve months ended December 31, 2023.
Oct 30, 2023 05:11 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Third Quarter 2023 Earnings
SCRANTON, Pa., Oct. 30, 2023 /PRNewswire/ -- 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 and nine months ended September 30, 2023.
Oct 27, 2023 12:13 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Fourth Quarter 2023 Dividend
SCRANTON, Pa., Oct. 27, 2023 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a fourth quarter dividend of $0.41 per share. The $0.41 dividend represents a 2.5% increase over the dividend declared in the fourth quarter of 2022 of $0.40 per share. The dividend is payable December 15, 2023 to shareholders of record November 30, 2023.
Oct 08, 2023 10:25 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ICPT, FNCB, PFIS
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Intercept Pharmaceuticals, Inc....
Sep 28, 2023 11:29 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CHS, FNCB, PFIS
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Sep 27, 2023 08:53 pm ET
PFIS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Peoples Financial Services Corp. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Peoples Financial Services Corp. (NASDAQ: PFIS) and FNCB Bancorp, Inc. is fair to Peoples shareholders. Under the terms of the proposed merger, upon completion of the merger, FNCB shareholders would receive 0.1460 shares of Peoples common stock for each share of FNCB common stock they own. Upon completion of the proposed transaction, Peoples shareholders would own approximately 71% of the combined company.
Sep 27, 2023 05:15 pm ET
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Transformational Strategic Merger
SCRANTON, Pa., Sept. 27, 2023 /PRNewswire/ -- Peoples Financial Services Corp. ("Peoples") (Nasdaq: PFIS) and FNCB Bancorp, Inc. ("FNCB") (Nasdaq: FNCB) today announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume weighted average stock price for Peoples' common stock of $44.13 as of September 26, 2023, resulting in an implied price per share to holders of FNCB Common Stock of approximately $6.44 per share. Under the terms of the definitive agreement, wh
Jul 28, 2023 12:18 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2023 Dividend
SCRANTON, Pa., July 28, 2023 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a third quarter dividend of $0.41 per share. The $0.41 dividend represents a 2.5% increase over the dividend declared in the third quarter of 2022. The dividend is payable September 15, 2023 to shareholders of record August 31, 2023.
Jul 25, 2023 07:40 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Second Quarter 2023 Earnings
SCRANTON, Pa., July 25, 2023 /PRNewswire/ -- 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 and six months ended June 30, 2023.
May 11, 2023 03:46 pm ET
PEOPLES FINANCIAL SERVICES CORP. ANNOUNCES RESTART OF COMMON STOCK REPURCHASE PLAN
SCRANTON, Pa., May 11, 2023 /PRNewswire/ -- Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, announced today that it has restarted its previously announced stock repurchase plan after a brief temporary suspension. As of March 31, 2023, there were 258,854 shares of Peoples common stock that may yet be purchased under the stock repurchase plan.
Apr 28, 2023 11:38 am ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2023 Dividend
SCRANTON, Pa., April 28, 2023 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a second quarter dividend of $0.41 per share. The $0.41 dividend represents a 5.1% increase over the dividend declared in the second quarter of 2022. The dividend is payable June 15, 2023 to shareholders of record May 31, 2023.
Apr 27, 2023 08:00 am ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited First Quarter 2023 Earnings
SCRANTON, Pa., April 27, 2023 /PRNewswire/ -- 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, 2023.
Jan 27, 2023 10:20 am ET
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2023 Dividend
SCRANTON, Pa., Jan. 27, 2023 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.41 per share. The $0.41 dividend represents a 5.1% increase over the dividend declared in the first quarter of 2022. The dividend is payable March 15, 2023 to shareholders of record February 28, 2023.
Jan 26, 2023 04:26 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter 2022 Earnings
SCRANTON, Pa., Jan. 26, 2023 /PRNewswire/ -- 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 and twelve months ended December 31, 2022.
Oct 28, 2022 01:13 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Fourth Quarter 2022 Dividend
SCRANTON, Pa., Oct. 28, 2022 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a fourth quarter dividend of $0.40 per share. The $0.40 dividend represents a 5.3% increase over the dividend declared in the fourth quarter of 2021 of $0.38 per share. The dividend is payable December 15, 2022 to shareholders of record November 30, 2022.
Oct 20, 2022 09:49 am ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Third Quarter 2022 Earnings
SCRANTON, Pa., Oct. 20, 2022 /PRNewswire/ -- 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 and nine months ended September 30, 2022.
Jul 29, 2022 12:36 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2022 Dividend
SCRANTON, Pa., July 29, 2022 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a third quarter dividend of $0.40 per share. The $0.40 dividend represents a 5.3% increase over the dividend declared in the third quarter of 2021. The dividend is payable September 15, 2022 to shareholders of record August 31, 2022.
Jul 21, 2022 09:13 am ET
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Second Quarter 2022 Earnings
SCRANTON, Pa., July 21, 2022 /PRNewswire/ -- 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 and six months ended June 30, 2022.
May 02, 2022 05:01 pm ET
Peoples Financial Services Corp. CEO Craig Best to present at the D.A. Davidson 24th Annual Financial Institutions Conference
SCRANTON, Pa., May 2, 2022 /PRNewswire/ -- Peoples Financial Services Corp., a $3.4 billion community bank based in Scranton, Pennsylvania, today announced that Craig Best, Chief Executive Officer, will present at the D.A. Davidson 24th Annual Financial Institutions Conference on Thursday, May 5, 2022 at 11am (Mountain).
Apr 29, 2022 01:39 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2022 Dividend
SCRANTON, Pa., April 29, 2022 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a second quarter dividend of $0.39 per share. The $0.39 dividend represents a 5.4% increase over the dividend declared in the second quarter of 2021. The dividend is payable June 15, 2022 to shareholders of record May 31, 2022.
Apr 26, 2022 05:48 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports First Quarter 2022 Earnings
SCRANTON, Pa., April 26, 2022 /PRNewswire/ -- 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, 2022. Peoples reported net income of $9.6 million, or $1.33 per diluted share for the three months ended March 31, 2022, a 2.0% increase when compared to $9.5 million, or $1.31 per share for the comparable period of 2021. The increase in earnings over the year ago period is a result of a $1.9 million increase to net interest income
Mar 22, 2022 03:38 pm ET
Peoples Financial Services Corp. Announces the Appointment of Elisa (Lisa) Zúñiga Ramirez to its Board of Directors
SCRANTON, Pa., March 22, 2022 /PRNewswire/ -- On March 4, 2022, Peoples Financial Services Corp., the holding company for Peoples Security Bank and Trust Company, is pleased to announce the appointment of Elisa (Lisa) Zúñiga Ramirez to its Board of Directors. As a result of Ms. Ramirez's appointment, the Board of Directors was increased from seven members to eight members.
Jan 31, 2022 03:02 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Fourth Quarter and Record Full Year 2021 Earnings
SCRANTON, Pa., Jan. 31, 2022 /PRNewswire/ -- 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 and twelve months ended December 31, 2021. Peoples reported net income of $16.4 million, or $2.28 per diluted share for the three months ended December 31, 2021, an increase of $8.2 million when compared to $8.2 million, or $1.13 per diluted share for the comparable period of 2020. The increase in earnings for the three months ended December 31, 2
Jan 28, 2022 10:38 am ET
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2022 Dividend
SCRANTON, Pa., Jan. 28, 2022 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.39 per share. The $0.39 dividend represents a 5.4% increase over the dividend declared in the first quarter of 2021. The dividend is payable March 15, 2022 to shareholders of record February 28, 2022.
Oct 29, 2021 12:26 pm ET
Peoples Financial Services Corp. Declares Fourth Quarter 2021 Dividend
SCRANTON, Pa., Oct. 29, 2021 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a fourth quarter dividend of $0.38 per share. This per share amount represents a 5.6% increase over the dividend declared in the fourth quarter of 2020 of $0.36 per share. The dividend is payable December 15, 2021 to shareholders of record November 30, 2021.
Oct 22, 2021 12:51 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Third Quarter 2021 Earnings
SCRANTON, Pa., Oct. 22, 2021 /PRNewswire/ -- 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 and nine months ended September 30, 2021. Peoples reported net income of $9.1 million, or $1.26 per diluted share for the three months ended September 30, 2021, an increase of 10.5% when compared to $8.3 million, or $1.14 per diluted share for the comparable period of 2020. The increase in earnings for the three months ended September 30, 2021 is
Jul 30, 2021 12:10 pm ET
Peoples Financial Services Corp. Declares Third Quarter 2021 Dividend
SCRANTON, Pa., July 30, 2021 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a third quarter dividend of $0.38 per share. The $0.38 represents a 2.7% increase when compared to the dividend declared in the prior quarter and represents a 5.6% increase over the dividend declared in the third quarter of 2020. The dividend is payable September 15, 2021 to shareholders of record August 31, 2021.
Jul 21, 2021 05:54 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Second Quarter 2021 Earnings
SCRANTON, Pa., July 21, 2021 /PRNewswire/ -- 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 and six months ended June 30, 2021. Peoples reported net income of $8.5 million, or $1.18 per diluted share for the three months ended June 30, 2021, an increase of 12.6% when compared to $7.6 million, or $1.03 per diluted share for the comparable period of 2020. The increase in earnings for the three months ended June 30, 2021 is primarily the re
Feb 01, 2021 05:11 pm ET
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
SCRANTON, Pa., Feb. 1, 2021 /PRNewswire/ -- 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 4.9 percent its outstanding shares common stock, or 353,422 shares. 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
Feb 01, 2021 04:57 pm ET
Peoples Financial Services Corp. Reports Fourth Quarter And Record Full Year 2020 Earnings
SCRANTON, Pa., Feb. 1, 2021 /PRNewswire/ -- 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 and twelve months ended December 31, 2020. Peoples reported net income of $8.2 million, or $1.13 per diluted share for the three months ended December 31, 2020, a 62.6% increase when compared to $5.0 million, or $0.68 per share for the comparable period of 2019. The increase in earnings over the year ago period is a result of a $2.9 million decrease to the
Jan 29, 2021 10:34 am ET
Peoples Financial Services Corp. Declares First Quarter 2021 Dividend
SCRANTON, Pa., Jan. 29, 2021 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first quarter dividend of $0.37 per share. The $0.37 dividend represents a 2.8% increase over the dividend declared in the fourth quarter of 2020. The dividend is payable March 15, 2021 to shareholders of record February 26, 2021.
Nov 03, 2020 02:13 pm ET
Peoples Financial Services Corp. Reports Third Quarter 2020 Earnings
SCRANTON, Pa., Nov. 3, 2020 /PRNewswire/ -- 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 and nine months ended September 30, 2020. Peoples reported net income of $8.3 million, or $1.14 per diluted share for the three months ended September 30, 2020, an increase of 16.3% when compared to $7.1 million, or $0.96 per diluted share for the comparable period of 2019. The increase in earnings for the three months ended September 30, 2020 is the produ
Oct 30, 2020 01:30 pm ET
Peoples Financial Services Corp. Declares Fourth Quarter 2020 Dividend
SCRANTON, Pa., Oct. 30, 2020 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a fourth quarter dividend of $0.36 per share. The $0.36 equals the per share dividend declared in the prior quarter and represents a 2.9% increase over the dividend declared in the fourth quarter of 2019. The dividend is payable December 15, 2020 to shareholders of record November 30, 2020.
Jul 31, 2020 02:31 pm ET
Peoples Financial Services Corp. Reports Second Quarter 2020 Earnings
SCRANTON, Pa., July 31, 2020 /PRNewswire/ -- 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 and six months ended June 30, 2020. The results for the three months ended June 30, 2020 reflect the impact of $201.3 million of loans originated through the United States Department of Treasury's Paycheck Protection Program ("PPP") and COVID-19 related impacts. Peoples reported net income of $7.6 million, or $1.03 per diluted share for the three months e
Jul 31, 2020 01:26 pm ET
Peoples Financial Services Corp. Declares Third Quarter 2020 Dividend
SCRANTON, Pa., July 31, 2020 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a third 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 third quarter of 2019. The dividend is payable September 15, 2020 to shareholders of record August 31, 2020.
Jun 04, 2020 10:36 am ET
Peoples Security Bank & Trust Company Promotes Thomas P. Tulaney to President and Chief Operating Officer
SCRANTON, Pa., June 4, 2020 /PRNewswire/ -- On Friday, May 29, 2020, the Board of Directors appointed Thomas P. Tulaney to President and Chief Operating Officer of Peoples Security Bank and Trust Company and Peoples Financial Services Corp. (NASDAQ: PFIS). Mr. Tulaney was also appointed to the Bank's Board of Directors.
Jun 01, 2020 05:18 pm ET
Peoples Financial Services Corp. Completes Private Placement of $33 Million in Subordinated Notes
SCRANTON, Pa., June 1, 2020 /PRNewswire/ -- Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today announced that it has completed a private placement of $33 million in fixed-to-floating rate subordinated notes due 2030 (the "Notes"). The Notes have been structured to qualify as Tier 2 capital under regulatory guidelines, and the proceeds from the sale of the Notes will be utilized for general corporate purposes, which may include contribution to the Company's subsidiary, Peoples Security Bank and Trust Compan
Apr 24, 2020 01:31 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports First Quarter 2020 Earnings
SCRANTON, Pa., April 24, 2020 /PRNewswire/ -- 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
Apr 24, 2020 11:50 am ET
Peoples Financial Services Corp. Declares Second Quarter 2020 Dividend
SCRANTON, Pa., April 24, 2020 /PRNewswire/ -- 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.
Apr 21, 2020 02:05 pm ET
Peoples Security Bank & Trust is funding over $175 Million to Local Businesses as part of the CARES Act Paycheck Protection Loan Program
SCRANTON, Pa., April 21, 2020 /PRNewswire/ -- 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.
Oct 25, 2019 12:42 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Fourth Quarter 2019 Dividend
SCRANTON, Pa., Oct. 25, 2019 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: 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.
Oct 22, 2019 04:12 pm ET
Peoples Financial Services Corp. Reports Third Quarter 2019 Earnings
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 unaudited financial results at and for the three and nine months ended September 30, 2019. Peoples reported net income of $7.1 million, or $0.97 per share for the three months ended September 30, 2019, compared to $6.7 million, or $0.91 per share for the comparable period of 2018. The increase in earnings for the three months ended September 30, 2019 is the product of higher net interest income of $1.3
Jul 26, 2019 01:58 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2019 Dividend
SCRANTON, Pa., July 26, 2019 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.34 per share. The dividend is payable September 13, 2019 to shareholders of record August 30, 2019.
Jul 23, 2019 04:46 pm ET
Peoples Financial Services Corp. Reports Second Quarter 2019 Earnings
SCRANTON, Pa., July 23, 2019 /PRNewswire/ -- 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 and six months ended June 30, 2019. Peoples reported net income of $7.1 million, or $0.96 per share for the three months ended June 30, 2019, compared to $6.0 million, or $0.81 per share for the comparable period of 2018. The increase in earnings for the three months ended June 30, 2019 is the product of higher net interest income of $1.1 million due to g
Apr 26, 2019 02:08 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2019 Dividend
SCRANTON, Pa., April 26, 2019 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.34 per share. The dividend is payable June 14, 2019 to shareholders of record May 31, 2019.
Apr 23, 2019 05:22 pm ET
Peoples Financial Services Corp. Reports First Quarter 2019 Earnings
SCRANTON, Pa., April 23, 2019 /PRNewswire/ -- 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, 2019. Peoples reported net income of $6.4 million, or $0.87 per share for the first quarter of 2019, compared to $5.9 million, or $0.79 per share for the comparable period of 2018. The increase in earnings for the three months ended March 31, 2019 is the product of higher net interest income of $1.1 million due to growth in our ave
Feb 01, 2019 12:30 pm ET
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
SCRANTON, Pa., Feb. 1, 2019 /PRNewswire/ -- 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 repurch
Feb 01, 2019 12:00 pm ET
Peoples Financial Services Corp. Declares First Quarter 2019 Dividend
SCRANTON, Pa., Feb. 1, 2019 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.34 per share. The dividend is payable March 15, 2019 to shareholders of record February 28, 2019.
Jan 29, 2019 03:21 pm ET
Peoples Financial Services Corp. Reports Fourth Quarter 2018 Earnings
SCRANTON, Pa., Jan. 29, 2019 /PRNewswire/ -- 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 and twelve months ended December 31, 2018. Peoples reported net income of $6.4 million, or $0.86 per share for the fourth quarter of 2018, compared to $2.6 million, or $0.36 per share for the comparable period of 2017. The increase in earnings for the three months ended December 31, 2018 is the product of higher net interest income of $1.6 million due to
Oct 26, 2018 12:37 pm ET
Peoples Financial Services Corp. Declares Fourth Quarter 2018 Dividend
SCRANTON, Pa., Oct. 26, 2018 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.33 per share. The dividend is payable December 14, 2018 to shareholders of record November 30, 2018.
Oct 23, 2018 04:01 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Third Quarter 2018 Earnings
SCRANTON, Pa., Oct. 23, 2018 /PRNewswire/ -- 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 and nine months ended September 30, 2018. Peoples reported net income of $6.7 million, or $0.91 per share for the third quarter of 2018, a 25.5% increase when compared to $5.4 million, or $0.72 per share for the comparable period of 2017. The increase in earnings for the three months ended September 30, 2018 is the product of higher net interest income of
Jul 27, 2018 11:55 am ET
Peoples Financial Services Corp. Declares Third Quarter 2018 Dividend
SCRANTON, Pa., July 27, 2018 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.33 per share. The dividend is payable September 14, 2018 to shareholders of record August 31, 2018.
Jul 24, 2018 04:34 pm ET
Peoples Financial Services Corp. Reports Second Quarter 2018 Earnings
SCRANTON, Pa., July 24, 2018 /PRNewswire/ -- 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 and six months ended June 30, 2018. Peoples reported net income of $6.0 million, or $0.81 per share for the second quarter of 2018, compared to $5.7 million, or $0.77 per share for the comparable period of 2017. The increase in earnings for the current period is the product of higher net interest income of $1.5 million due to growth in our average earning
Apr 27, 2018 12:48 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2018 Dividend
SCRANTON, Pa., April 27, 2018 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.33 per share. The dividend is payable June 15, 2018 to shareholders of record May 31, 2018.
Apr 25, 2018 03:09 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports First Quarter 2018 Earnings
SCRANTON, Pa., April 25, 2018 /PRNewswire/ -- 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, 2018. Peoples reported net income of $5.9 million, or $0.79 per share for the first quarter of 2018, compared to $4.8 million, or $0.65 per share for the comparable period of 2017. The increase in earnings for the current period is the product of higher net interest income due to growth in our average earning assets of $191.6 milli
Feb 02, 2018 03:14 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Fourth Quarter 2017 Earnings
SCRANTON, Pa., Feb. 2, 2018 /PRNewswire/ -- 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 and twelve months ended December 31, 2017. Peoples reported net income of $2.7 million, or $0.36 per share for the fourth quarter of 2017, compared to $4.7 million, or $0.64 per share for the comparable period of 2016.
Jan 26, 2018 12:21 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2018 Dividend
SCRANTON, Pa., Jan. 26, 2018 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.32 per share. The dividend is payable March 15, 2018 to shareholders of record February 28, 2018.
Oct 27, 2017 12:04 pm ET
Peoples Financial Services Corp. Declares Fourth Quarter 2017 Dividend
SCRANTON, Pa., Oct. 27, 2017 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.32 per share. The dividend is payable December 15, 2017 to shareholders of record November 30, 2017.
Oct 24, 2017 07:15 pm ET
Peoples Financial Services Corp. Reports Third Quarter 2017 Earnings
SCRANTON, Pa., Oct. 24, 2017 /PRNewswire/ -- 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 and nine months ended September 30, 2017. Peoples reported net income of $5.4 million, or $0.72 per share for the third quarter of 2017, compared to $5.1 million, or $0.69 per share for the comparable period of 2016.
Jul 28, 2017 02:00 pm ET
Peoples Financial Services Corp. Declares Third Quarter 2017 Dividend
SCRANTON, Pa., July 28, 2017 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.32 per share. The dividend is payable September 15, 2017 to shareholders of record August 31, 2017.
Jul 24, 2017 06:18 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Second Quarter 2017 Earnings
SCRANTON, Pa., July 24, 2017 /PRNewswire/ -- 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 and six months ended June 30, 2017. Peoples reported net income of $5.7 million, or $0.76 per share for the second quarter of 2017, compared to $4.9 million, or $0.66 per share for the comparable period of 2016.
May 01, 2017 10:05 am ET
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
SCRANTON, Pa., May 1, 2017 /PRNewswire/ -- 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 repurcha
Apr 28, 2017 01:56 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2017 Dividend
SCRANTON, Pa., April 28, 2017 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.31 per share. The dividend is payable June 15, 2017 to shareholders of record May 31, 2017.
Apr 24, 2017 06:06 pm ET
Peoples Financial Services Corp. Reports First Quarter 2017 Earnings
SCRANTON, Pa., April 24, 2017 /PRNewswire/ -- 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, 2017. Peoples reported net income of $4.8 million, or $0.65 per share for the first quarter of 2017, compared to $4.9 million, or $0.66 per share for the comparable period of 2016.
Jan 31, 2017 03:55 pm ET
Peoples Financial Services Corp. Reports Fourth Quarter 2016 Earnings
SCRANTON, Pa., Jan. 31, 2017 /PRNewswire/ -- 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 and year ended December 31, 2016. Peoples reported net income of $4.7 million, or $0.64 per share for the fourth quarter of 2016, compared to $5.1 million, or $0.69 per share in the third quarter of 2016 and $3.8 million, or $0.52 per share in the fourth quarter of 2015.
Jan 27, 2017 11:00 am ET
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2017 Dividend
SCRANTON, Pa., Jan. 27, 2017 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.31 per share. The dividend is payable March 15, 2017 to shareholders of record February 28, 2017.
Oct 28, 2016 02:03 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Fourth Quarter 2016 Dividend
SCRANTON, Pa., Oct. 28, 2016 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.31 per share. The dividend is payable December 15, 2016 to shareholders of record November 30, 2016
Oct 21, 2016 04:04 pm ET
PEOPLES FINANCIAL SERVICES CORP. Reports Third Quarter 2016 Earnings
SCRANTON, Pa., Oct. 21, 2016 /PRNewswire/ -- 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 and nine months ended September 30, 2016. Peoples reported net income of $5.1 million, or $0.69 per share for the third quarter of 2016, compared to $4.4 million, or $0.58 per share, for the comparable period of 2015.
Jul 29, 2016 01:34 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2016 Dividend
SCRANTON, Pa., July 29, 2016 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.31 per share. The dividend is payable September 15, 2016 to shareholders of record August 31, 2016.
Jul 22, 2016 04:30 pm ET
Peoples Financial Services Corp. Reports Second Quarter 2016 Earnings
SCRANTON, Pa., July 22, 2016 /PRNewswire/ -- 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 and six months ended June 30, 2016. Peoples reported net income of $4.9 million, or $0.66 per share for the second quarter of 2016, compared to $4.4 million, or $0.59 per share, for the comparable period of 2015.
May 02, 2016 12:00 pm ET
PEOPLES FINANCIAL SERVICES CORP. Declares Second Quarter 2016 Dividend
SCRANTON, Pa., May 2, 2016 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) declared a quarterly dividend of $0.31 per share. The dividend is payable June 15, 2016 to shareholders of record May 31, 2016.
Apr 20, 2016 07:10 pm ET
Peoples Financial Services Corp. Reports First Quarter 2016 Earnings
SCRANTON, Pa., April 20, 2016 /PRNewswire/ -- 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, 2016. Peoples reported net income of $4.9 million, or $0.66 per share for the first quarter of 2016, compared to $5.0 million, or $0.67 per share, for the comparable period of 2015.
Feb 02, 2016 04:15 pm ET
Peoples Financial Services Corp. Reports Fourth Quarter 2015 Earnings
SCRANTON, Pa., Feb. 2, 2016 /PRNewswire/ -- 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 and year ended December 31, 2015. Peoples reported net income of $3.8 million, or $0.52 per basic and diluted weighted average share for the fourth quarter of 2015, compared to $4.4 million, or $0.58 per share, for each of the third quarter of 2015 and fourth quarter of 2014. Other expenses in the fourth quarter of 2015 included a charge for the disp
Feb 02, 2016 04:00 pm ET
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
SCRANTON, Pa., Feb. 2, 2016 /PRNewswire/ -- 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 repurch
Jan 29, 2016 03:50 pm ET
Peoples Financial Services Corp. Declares First Quarter 2016 Dividend
SCRANTON, Pa., Jan. 29, 2016 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. (NASDAQ: PFIS) today declared a quarterly dividend of $0.31 per share. The dividend is payable March 15, 2016 to shareholders of record February 29, 2016.
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