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Peoples Financial Services: 4Q Earnings Snapshot

SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Friday reported fourth-quarter earnings of $6.8 million.

The bank, based in Scranton, Pennsylvania, said it had earnings of 92 cents per share.

The holding company for Peoples Security Bank and Trust posted revenue of $27.5 million in the period. Its revenue net of interest expense was $23.1 million, topping Street forecasts.

For the year, the company reported profit of $27.5 million, or $3.72 per share. Revenue was reported as $90.6 million.

Peoples Financial Services shares have declined almost 5% since the beginning of the year. In the final minutes of trading on Friday, shares hit $48, a climb of 14% in the last 12 months.


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