Peoples Financial Services: Q1 Earnings Snapshot

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SCRANTON, Pa. (AP) — SCRANTON, Pa. (AP) — Peoples Financial Services Corp. (PFIS) on Thursday reported net income of $7.6 million in its first quarter.

The bank, based in Scranton, Pennsylvania, said it had earnings of $1.05 per share. Earnings, adjusted for non-recurring gains, were $1.04 per share.

The holding company for Peoples Security Bank and Trust posted revenue of $38 million in the period. Its revenue net of interest expense was $26.7 million, exceeding Street forecasts.

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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

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