PEOPLES FINANCIAL SERVICES CORP. Declares Third Quarter 2025 Dividend

Rhea-AI Summary

Peoples Financial Services Corp. (NASDAQ: PFIS) has declared a quarterly cash dividend of $0.6175 per share for the third quarter of 2025. The dividend will be payable on September 15, 2025 to shareholders of record as of August 29, 2025.

Peoples operates as the holding company for Peoples Security Bank and Trust Company, serving customers through 39 full-service community banking offices across Pennsylvania, New Jersey, and New York. The announcement comes following the company's recent merger with FNCB Bancorp, Inc., which was completed on July 1, 2024.

Positive

• Regular dividend payment demonstrates financial stability
• Extensive network of 39 banking offices across three states
• Successfully completed merger with FNCB Bancorp expanding market presence

Negative

• Potential integration challenges and risks from recent FNCB merger
• Possible dilution from additional shares issued for FNCB merger
• Post-merger revenues may be lower than expected

SCRANTON, Pa., July 25, 2025 /PRNewswire/ -- The Board of Directors of Peoples Financial Services Corp. ("Peoples") (NASDAQ: PFIS) declared a third quarter cash dividend of $0.6175 per share. The dividend is payable September 15, 2025 to shareholders of record August 29, 2025.

Peoples Financial Services Corp. is the bank holding company of Peoples Security Bank and Trust Company, an independent community bank serving its retail and commercial customers through 39 full-service community banking offices located within the Allegheny, Bucks, Lackawanna, Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, Wayne, and Wyoming Counties in Pennsylvania, Middlesex County in New Jersey and Broome County in New York. 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. People's business philosophy includes offering direct access to senior management and other officers and providing friendly, informed and courteous service, local and timely. For more information, visit psbt.com.

Forward-looking Statements

This communication includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the beliefs, goals, intentions, and expectations of Peoples; and other statements that are not historical facts. Forward–looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "will," "should," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time.

Additionally, forward–looking statements speak only as of the date they are made; Peoples does not assume any duty, and does not undertake, to update such forward–looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise. Furthermore, because forward–looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in or implied by such forward-looking statements as a result of a variety of factors, many of which are beyond the control of Peoples. Such statements are based upon the current beliefs and expectations of the management of Peoples and are subject to significant risks and uncertainties outside of the control of Peoples. Caution should be exercised against placing undue reliance on forward-looking statements. The factors that could cause actual results to differ materially include the following: the possibility that the anticipated benefits of Peoples' merger with FNCB Bancorp, Inc. ("FNCB"), which was consummated July 1, 2024, will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of FNCB; the strength of the economy and competitive factors in the areas where Peoples conducts business; diversion of management's attention from ongoing business operations and opportunities; the possibility that Peoples may be unable to achieve expected synergies and operating efficiencies in the FNCB merger within the expected timeframes or at all; revenues following the FNCB merger may be lower than expected; Peoples' success in executing its business plans and strategies and managing the risks involved in the foregoing; the dilution caused by Peoples' issuance of additional shares of its capital stock in connection with the FNCB merger; the outcome of any legal proceedings that may be threatened or instituted against Peoples; the ability of Peoples to meet expectations regarding the accounting and tax treatments of the FNCB merger; effects of the completion of the FNCB merger on the ability of Peoples to retain customers and retain and hire key personnel and maintain relationships with its suppliers, and on its operating results and businesses generally; changes in interest rates; and risks related to the potential impact of general economic, political and market factors on Peoples; legislative and regulatory changes and the ability to comply with the significant laws and regulations governing the banking and financial services business; monetary and fiscal policies of the U.S. government, including policies of the U.S. Department of Treasury and the Federal Reserve System; adverse developments in the financial industry generally, responsive measures to mitigate and manage such developments, related supervisory and regulatory actions and costs, and related impacts on customer and client behavior; credit risk associated with lending activities and changes in the quality and composition of Peoples' loan and investment portfolios; demand for loan and other products; deposit flows; competition; changes in the values of real estate and other collateral securing the loan portfolio, particularly in Peoples' market area; changes in relevant accounting principles and guidelines; inability of third party service providers to perform; Peoples' ability to prevent, detect and respond to cyberattacks; and the other factors discussed in Peoples' Annual Reports on Form 10–K and Quarterly Reports on Form 10-Q as filed with the SEC from time to time.

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SOURCE Peoples Financial Services Corp.

FAQ

What is the PFIS dividend amount for Q3 2025?

Peoples Financial Services Corp. declared a cash dividend of $0.6175 per share for the third quarter of 2025.

When is the PFIS Q3 2025 dividend payable?

The dividend is payable on September 15, 2025 to shareholders of record as of August 29, 2025.

How many banking offices does Peoples Financial Services operate?

Peoples operates 39 full-service community banking offices across Pennsylvania, New Jersey, and New York.

When did Peoples Financial Services complete its merger with FNCB Bancorp?

The merger with FNCB Bancorp was completed on July 1, 2024.

What states does Peoples Financial Services operate in?

Peoples operates in Pennsylvania (across 12 counties), New Jersey (Middlesex County), and New York (Broome County).