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Recent Updates — PFIS

July 30, 2026View Source ↗

Peoples Financial Services Corp. reported unaudited second quarter and year-to-date 2026 financial results for the periods ended June 30, 2026. Net income decreased to $14.8 million, or $1.48 per diluted share, in Q2 from $17.0 million, or $1.68 per share, in Q2 2025. Year-to-date net income totaled $29.6 million, or $2.95 per diluted share, down from $32.0 million, or $3.18 per share, in the prior year period. The decline was driven by a higher provision for credit losses of $3.1 million and increased noninterest expense, partially offset by higher net interest income of $45.6 million. Total loans grew to $4.3 billion, while total deposits reached $4.5 billion. Book value per share rose to $53.56. The company operates as a bank holding company providing retail and commercial banking services through its subsidiary, Peoples Security Bank and Trust Company.