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.