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Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides commercial and retail banking services in Pennsylvania, New Jersey and New York. The company accepts deposits through money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts. It also provides residential real estate, automobile, manufactured housing, personal, and home equity loans; and commercial real estate and working capital, as well as loans for equipment and other commercial needs. In addition, the company offers fiduciary and investment services, including investment management, IRA trustee, estate administration, living and life insurance trust, trustee under will, guardianship, custodial/IRA custodial, and corporate trust services, as well as pension and profit-sharing plans. Further, it provides wealth management products and services comprising investment portfolio management, estate and business succession planning, annuities, insurance, retirement plan, and tax planning, as well as education funding strategies; and securities, brokerage, and investor services. Additionally, the company offers remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, safe deposit box, night depository, direct deposit, and official check services. It serves business, non-profit, governmental, municipal agency, and professional customers, as well as retail customers. The company was founded in 1905 and is headquartered in Moosic, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $188M | - | $59M | $43M | 11.4% | 39.6% | 596.5% |
| 2024 | $134M | - | $8M | $32M | 1.8% | 33.3% | -69.0% |
| 2023 | $101M | - | $27M | $27M | 8.0% | -6.6% | -28.1% |
| 2022 | $108M | - | $38M | $35M | 12.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 108.07 | 100.91 | 134.49 | 187.76 |
| Pretax Income | 45.37 | 32.50 | 8.47 | 72.23 |
| Tax Provision | 7.28 | 5.12 | -0.03 | 13.05 |
| Net Income | 38.09 | 27.38 | 8.50 | 59.19 |
| Net Income Common Stockholders | 38.09 | 27.38 | 8.50 | 59.19 |
| Interest Expense | 15.59 | 63.10 | 95.47 | 93.73 |
| Interest Income | 111.33 | 149.85 | 211.37 | 259.54 |
| Selling General And Administration | 34.85 | 37.86 | 49.53 | 60.99 |
| Normalized Income | 37.69 | 28.90 | 21.43 | 59.45 |
| Basic EPS | 5.31 | 3.85 | 1 | 0 |
| Diluted EPS | 5.28 | 3.83 | 0.99 | 0 |
| Tax Effect Of Unusual Items | 0.08 | -0.28 | -3.44 | -0.06 |
| Tax Rate For Calcs | 0.16 | 0.16 | 0.21 | 0.18 |
| Total Unusual Items | 0.48 | -1.80 | -16.36 | -0.32 |
| Total Unusual Items Excluding Goodwill | 0.48 | -1.80 | -16.36 | -0.32 |
| Net Income From Continuing Operation Net Minority Interest | 38.09 | 27.38 | 8.50 | 59.19 |
| Reconciled Depreciation | 4.03 | 3.50 | 7.24 | 10.62 |
| Net Interest Income | 95.75 | 86.75 | 115.90 | 165.80 |
| Net Income From Continuing And Discontinued Operation | 38.09 | 27.38 | 8.50 | 59.19 |
| Diluted Average Shares | 7.21 | 7.15 | 8.59 | 0 |
| Basic Average Shares | 7.17 | 7.11 | 8.53 | 0 |
| Diluted NI Availto Com Stockholders | 38.09 | 27.38 | 8.50 | 59.19 |
| Net Income Including Noncontrolling Interests | 38.09 | 27.38 | 8.50 | 59.19 |
| Net Income Continuous Operations | 38.09 | 27.38 | 8.50 | 59.19 |
| Special Income Charges | -1.38 | -1.82 | -16.36 | -0.31 |
| Gain On Sale Of Business | 0 | 0 | 0 | 0 |
| Other Special Charges | 1.38 | 0 | 0.17 | 0.07 |
| Restructuring And Mergern Acquisition | 0 | 1.82 | 16.20 | 0.24 |
| Gain On Sale Of Security | -1.39 | 0.46 | 0.42 | -0.97 |
| Depreciation Amortization Depletion Income Statement | 0.36 | 0.10 | 3.37 | 6.40 |
| Depreciation And Amortization In Income Statement | 0.36 | 0.10 | 3.37 | 6.40 |
| Amortization | 0.36 | 0.10 | 3.37 | 6.40 |
| Amortization Of Intangibles Income Statement | 0.36 | 0.10 | 3.37 | 6.40 |
| Selling And Marketing Expense | 0 | 0.44 | 0.63 | 1.36 |
| General And Administrative Expense | 34.85 | 37.42 | 48.90 | 59.63 |
| Insurance And Claims | 1.30 | 2.13 | 3.16 | 3.29 |
| Salaries And Wages | 33.55 | 35.28 | 45.75 | 56.34 |
| Operating Revenue | 108.07 | 100.91 | 134.49 | 187.76 |
| Occupancy And Equipment | 16.58 | 17.15 | 22.30 | 27.45 |
| Professional Expense And Contract Services Expense | 2.71 | 2.81 | 3.27 | 4.97 |
| Other Non Interest Expense | 8.65 | 8.10 | 12.06 | 15.31 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Peoples Financial Services Corp.this co. | PFIS | $566M | 9.62↓ discount | 1.09 | 11.4% | - |
| Washington Trust Bancorp, Inc. | WASH | $591M | 11.32 | 1.09 | 9.6% | - |
| Northfield Bancorp, Inc. | NFBK | $582M | 107.23 | 0.84 | 0.1% | - |
| AMERISAFE, Inc. | AMSF | $577M | 12.04 | 2.26 | 18.7% | - |
| Bar Harbor Bankshares | BHB |
| $577M |
| 14.00 |
| 1.07 |
| 6.9% |
| - |
| American Coastal Insurance Corporation | ACIC | $573M | 5.51 | 1.80 | 33.6% | 3.29 |
| Carter Bankshares, Inc. | CARE | $558M | 5.17 | 1.11 | 7.5% | - |
| Northrim BanCorp, Inc. | NRIM | $543M | 8.45 | 1.65 | 19.8% | - |
| Flushing Financial Corporation | FFIC | $542M | 16.00 | 0.76 | 2.7% | - |
| Peer Median | - | 11.68 | 1.10 | 8.5% | 3.29 | |