Peoples Stock Price, News & Analysis

Peoples (OTC:PPLL), the parent company of PS Bank, has announced a 2-for-1 stock split to be distributed on May 30, 2025. The split was approved by the Board of Directors during their regular meeting on April 23, 2025, and will be available to shareholders of record as of May 16, 2025.

PS Bank, established in 1914, operates as an independent community bank with presence across Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna counties. The company's stock trades in the Over-the-Counter market under the symbol PPLL.

Peoples (OTC: PPLL) reported strong Q1 2025 financial results, with consolidated net income reaching $2,068,000 ($2.40 per share), marking a 25.46% increase from Q1 2024's $1,649,000 ($1.91 per share). The improvement was driven by higher net interest income from solid loan growth, loan repricings, and controlled interest expenses.

Key metrics include:

• Total assets grew 2.89% to $598.77M
• Deposits increased 2.89% to $525.39M
• Net loans rose 5.38% to $399.82M
• Return on assets improved to 1.43% from 1.25%
• Return on equity reached 14.90% vs 13.56% prior year

The bank maintained a loans-to-deposits ratio of 77.15% and expanded its presence with a new Scranton branch opening in Lackawanna County.

Peoples (OTC: PPLL) has announced its first quarter cash dividend of $0.63 per share, payable on March 31, 2025. The dividend represents a significant 7.04% increase compared to the first quarter 2024 dividend.

The dividend declaration was made at the Board of Directors meeting on February 26, 2025, and will be payable to shareholders of record as of March 14, 2025. Peoples operates as the holding company for PS Bank, an independent community bank established in 1914, serving multiple counties including Bradford, Sullivan, Wyoming, Lackawanna, and Susquehanna.

Peoples (OTC: PPLL) reported its Q4 and annual 2024 financial results. Q4 2024 net income increased 9.3% to $1,923,000 ($2.23 per share) compared to $1,760,000 ($2.04 per share) in Q4 2023. However, annual net income slightly decreased by 1.2% to $7,214,000 ($8.37 per share) from $7,301,000 ($8.50 per share) in 2023.

Total assets grew 9.3% to $581,946,000, deposits increased 10.4% to $510,640,000, and net loans rose 7.5% to $379,388,000. Return on assets was 1.32% (down from 1.39%), and return on equity was 14.14% (down from 16.66%). The bank maintained strong performance despite sector challenges, attributing success to loan growth, higher yields, increased mortgage sales income, and expense management.

PS Bank ranked #36 on American Banker's 2024 Top 100 Community Banks under $2 billion, marking its twelfth consecutive year on the list. The bank plans to open a new branch in Scranton in late Q1 2025.

Peoples (OTC: PPLL) reported mixed financial results for Q3 2024. Net income reached $1,853,000 ($2.26 per share), up 5.88% from Q3 2023. However, year-to-date net income decreased 4.54% to $5,289,000 ($6.45 per share). Total assets grew 7.31% to $571.27M, deposits increased 5.44% to $487.91M, and loans rose 6.12% to $378.76M compared to December 2023. Return on assets was 1.31%, down from 1.41% in 2023, while return on equity decreased to 14.14% from 16.92%. The company received approval for a new branch in Scranton, planned to open in Q1 2025.

Peoples (OTC: PPLL) has announced its fourth quarter dividend distribution, comprising a $0.63 per share cash dividend and a 5% stock dividend, both payable on December 13, 2024. The cash dividend represents a 7.07% increase compared to Q4 2023. Total cash dividends for 2024 amount to $2.50, marking an 8.03% increase from 2023. Shareholders of record as of November 29, 2024, will be eligible for both dividends.

Peoples (OTC: PPLL) has announced a third quarter cash dividend of $0.63 per share, payable on September 30, 2024. This represents a 7.11% increase compared to the third quarter dividend of 2023. The dividend was declared by the Board of Directors on August 28, 2024, and will be paid to shareholders of record as of September 13, 2024.

The announcement, made by Anthony J. Gabello, President and CEO of Peoples , demonstrates the company's commitment to returning value to shareholders and potentially indicates strong financial performance.

Peoples (OTC: PPLL), holding company for PS Bank, announced its second quarter 2024 results. Key highlights include:

- Net income: $1,787,000 ($2.18 per share), down 1.70% from Q2 2023
- Year-to-date net income: $3,436,000 ($4.19 per share), down 9.34% from H1 2023
- Total assets: $554,707,000, up 4.21% from December 31, 2023
- Deposits: $481,366,000, up 4.03% from December 31, 2023
- Loans: $363,247,000, up 1.78% from year-end 2023

Despite ongoing interest rate margin challenges, the bank's performance remained strong. PS Bank was ranked #36 on American Banker's list of Top 100 Community Banks under $2 billion in the US, improving from #42 in the previous year.

Peoples (OTC: PPLL) has announced a second quarter cash dividend of $0.62 per share. This dividend reflects an 8.98% increase over the same period last year. The dividend will be paid on June 28, 2024, to shareholders of record as of June 10, 2024. President and CEO Anthony J. Gabello made the announcement following the Board of Directors' regular meeting on May 22, 2024.