Peoples Financial Services: 2Q Earnings Snapshot
Posted July 31, 2020 11:48 am.
Last Updated July 31, 2020 12:02 pm.
SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Friday reported second-quarter earnings of $7.6 million.
The bank, based in Scranton, Pennsylvania, said it had earnings of $1.03 per share.
The holding company for Peoples Security Bank and Trust posted revenue of $27.3 million in the period. Its revenue net of interest expense was $23.9 million, exceeding Street forecasts.
Peoples Financial Services shares have decreased 28% since the beginning of the year. The stock has dropped 21% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFIS at https://www.zacks.com/ap/PFIS
The Associated Press