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Peoples Financial Services Corp - PFIS STOCK NEWS

Welcome to our dedicated news page for Peoples Financial Services (Ticker: PFIS), a resource for investors and traders seeking the latest updates and insights on Peoples Financial Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Peoples Financial Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Peoples Financial Services's position in the market.

News
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Receipt of Shareholder Approval for Merger
Rhea-AI Summary
Peoples Financial Services Corp. (PFIS) and FNCB Bancorp, Inc. shareholders approve merger, with PFIS as the surviving , subject to regulatory approvals and closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
acquisition
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News
PEOPLES FINANCIAL SERVICES CORP. Declares First Quarter 2024 Dividend
Rhea-AI Summary
Peoples Financial Services Corp. (PFIS) declared a first quarter dividend of $0.41 per share, the same as in 2023. The dividend is payable on March 15, 2024, to shareholders of record on February 29, 2024. PFIS is the parent company of Peoples Security Bank and Trust Company, serving retail and commercial customers through twenty-eight full-service community banking offices. The company's business philosophy focuses on direct access to senior management, friendly service, and a comprehensive array of financial products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
dividends earnings
-
News
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Fourth Quarter and Year to Date 2023 Earnings
Rhea-AI Summary
Peoples Financial Services Corp. reported a 60.3% decrease in net income for the three months ended December 31, 2023, as well as a 28.1% decrease for the twelve months ended December 31, 2023. The company also announced a strategic combination with FNCB Bancorp, Inc. that is expected to close in the first half of 2024, creating a bank holding company with nearly $5.5 billion in assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
earnings
News
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Third Quarter 2023 Earnings
Rhea-AI Summary
Peoples Financial Services Corp. reported a 32.3% decrease in net income for the three months ended September 30, 2023, compared to the same period in 2022. The decrease was mainly due to lower net interest income and higher operating expenses. For the nine months ended September 30, 2023, net income decreased by 17.5%. Peoples also announced a strategic combination with FNCB Bancorp, Inc., which is expected to close in the first half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
earnings
-
News
PEOPLES FINANCIAL SERVICES CORP. Declares Fourth Quarter 2023 Dividend
Rhea-AI Summary
Peoples Financial Services Corp. declares a fourth quarter dividend of $0.41 per share, representing a 2.5% increase over the previous year. The dividend is payable on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
dividends earnings
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News
Lifshitz Law PLLC Announces Investigations of PFIS, KITT, LAB
Rhea-AI Summary
Lifshitz Law PLLC announces investigations of PFIS, KITT, and LAB
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Peoples Financial Services Corp. and FNCB Bancorp, Inc. Announce Transformational Strategic Merger
Rhea-AI Summary
Peoples Financial Services Corp. and FNCB Bancorp, Inc. have entered into a definitive agreement for an all-stock strategic merger valued at approximately $129.0 million. The merger is expected to create a bank holding company with nearly $5.5 billion in assets and a combined market capitalization of approximately $444 million. The transaction is projected to deliver 59% EPS accretion to Peoples' 2025 estimated EPS and be 40+ accretive to FNCB's EPS. The combined company is expected to deliver top-tier operating and return metrics. The merger is expected to close in the first half of 2024, subject to customary closing conditions and regulatory approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.25%
Tags
acquisition
-
News
PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2023 Dividend
Rhea-AI Summary
Peoples Financial Services Corp. (NASDAQ: PFIS) Increases Dividend by 2.5% for Third Quarter 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
dividends earnings
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News
PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Second Quarter 2023 Earnings
Rhea-AI Summary
Peoples Financial Services Corp. (PFIS) reported unaudited financial results for the three and six months ended June 30, 2023. Net income for the three months ended June 30, 2023, was $9.4 million, a 0.8% increase from the same period in 2022. For the six months ended June 30, 2023, net income was $17.0 million, a 10.4% decrease from the same period in 2022. Dividends paid during the first six months ended June 30, 2023, totaled $0.82 per share, representing a 5.1% increase from the comparable period in 2022. Net loan growth for the six months ended June 30, 2023, was $113.1 million, and total deposits grew $182.9 million to $3.2 billion during the same period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
earnings
News
PEOPLES FINANCIAL SERVICES CORP. ANNOUNCES RESTART OF COMMON STOCK REPURCHASE PLAN
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
buyback
Stock PFIS logo
Peoples Financial Services Corp

Nasdaq:PFIS

PFIS Rankings

#4083 Ranked by Market Cap
#3791 Ranked by Stock Gains
#631 Ranked by Dividends

PFIS Stock Data

263.93M
6.77M
4.07%
32.4%
0.9%
Commercial Banking
Finance and Insurance
Link
United States
Scranton

About PFIS

established in 1905, peoples security bank & trust company is headquartered in scranton, pennsylvania and is one of the largest community banks in eastern pennsylvania, with a footprint stretching from binghamton, new york down through the endless mountains into the greater scranton area, the poconos, lehigh valley and the greater delaware valley. the bank is managed by a local board of directors and executive mangement team. that means you will deal with a local team of bankers who know the market and understand the needs of the businesses in our local communities. each office, interdependent with the community they operate in, offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities. peoples’ business philosophy includes offering direct access to senior management and other officers and providing friendly, informed and courteous service, local and timely decision making, flexible and reasonable op