Peoples Financial Services Corp. reported net income of $15.0 million, or $1.49 per diluted share, for the first quarter of 2025, a substantial increase from $6.1 million in the prior quarter. This improvement was primarily attributed to higher net interest income, lower provision for credit losses, and reduced noninterest expenses, including a significant decrease in acquisition-related costs.

Peoples Financial Services Corp. reported a net income of $6.1 million, or $0.61 per diluted share, for Q4 2024, which is an increase compared to the net loss of $4.3 million, or $0.43 per diluted share, for the previous quarter. Core net income, excluding non-recurring acquisition-related expenses, was $10.0 million, or $0.99 per diluted share.

Peoples Financial Services Corp. reported a net loss of $4.3 million, or $0.43 per diluted share, for the third quarter of 2024. This decrease in net income was primarily due to non-recurring charges related to the FNCB merger, including a $14.3 million provision for credit losses and $9.6 million in acquisition-related expenses. These charges offset an $18.0 million increase in net interest income, which reached $39.2 million.

Peoples Financial Services Corp. reported a decrease in net income for the second quarter of 2024, primarily due to lower net interest income, a higher provision for credit losses, and increased operating expenses, including acquisition-related costs. The company's strategic combination with FNCB Bancorp, Inc. was completed on July 1, 2024, but the reported results do not include FNCB's financials.

Peoples Financial Services Corp. reported a net income of $3.5 million, or $0.49 per diluted share, for the first quarter of 2024. This represents a 54.3% decrease compared to the same period in 2023. The results were impacted by lower net interest income, higher operating expenses including acquisition-related costs, and decreased noninterest income.

Peoples Financial Services Corp. reported a net income of $3.6 million, or $0.51 per diluted share, for Q4 2023. This represents a 60.3% decrease compared to the $9.1 million, or $1.27 per diluted share, reported for the same period in 2022. The decrease was attributed to lower net interest income, a higher provision for credit losses, and increased operating expenses, partially offset by higher noninterest income.

Peoples Financial Services Corp. reported a net income of $6.7 million, or $0.95 per diluted share, for the three months ended September 30, 2023. This represents a 32.3% decrease compared to the $10.0 million, or $1.38 per share, reported for the same period in 2022. The decline was primarily due to lower net interest income driven by higher deposit costs, and increased operating expenses mainly attributed to acquisition-related expenses.

Peoples Financial Services Corp. reported unaudited financial results for Q2 2023, with net income of $9.4 million, or $1.31 per diluted share, a 0.8% increase compared to Q2 2022. The results reflected lower net interest income, reduced noninterest income, and higher operating expenses, offset by a lower provision for credit losses.

Peoples Financial Services Corp. reported net income of $7.6 million, or $1.05 per diluted share for the three months ended March 31, 2023. This represents a 21.3% decrease when compared to the comparable period of 2022.

Peoples Financial Services Corp. reported a net income of $9.1 million, or $1.27 per diluted share, for the three months ended December 31, 2022. This represents a 44.3% decrease compared to the $16.4 million, or $2.28 per share, for the comparable period of 2021. The decrease was primarily due to an after-tax gain from the sale of Visa Class B shares in the year-ago period and an after-tax loss on the sale of securities available for sale in the current period.

Peoples Financial Services Corp. reported unaudited third quarter earnings with a net income of $10.0 million, or $1.38 per diluted share, a 9.6% increase compared to the same period in 2021.

Peoples Financial Services Corp. reported unaudited financial results for Q2 2022, with net income of $9.4 million, or $1.30 per diluted share, a 10.2% increase compared to Q2 2021. The increase was driven by a $3.4 million increase in net interest income and a $0.5 million increase in noninterest income.

Peoples Financial Services Corp. reported a net income of $9.6 million, or $1.33 per diluted share, for the three months ended March 31, 2022. This represents a 2.0% increase compared to the same period in 2021.

Peoples Financial Services Corp. reported a net income of $16.4 million, or $2.28 per diluted share, for the fourth quarter of 2021. This represents an increase of $8.2 million compared to the same period in 2020. The increase was driven by the sale of Visa Class B shares and a rise in pre-provision net interest income.

Peoples Financial Services Corp. reported a net income of $9.1 million, or $1.26 per diluted share, for the three months ended September 30, 2021, which is a 10.5% increase compared to the same period in 2020. The increase in earnings was primarily due to a $2.1 million increase in pre-provision net interest income and a $0.6 million decrease in the provision for loan losses.

Peoples Financial Services Corp. reported net income of $8.5 million, or $1.18 per diluted share, for the three months ended June 30, 2021, representing a 12.6% increase compared to the same period in 2020.

Peoples Financial Services Corp. reported a strong first quarter with net income of $9.5 million, or $1.31 per diluted share, representing a 79.5% increase compared to the same period in 2020. The increase was primarily driven by a decrease in the provision for loan losses, an increase in pre-provision net interest income, and a decrease in noninterest expenses.

Peoples Financial Services Corp. reported a strong fourth quarter with net income reaching $8.2 million, a 62.6% increase compared to the same period last year. Earnings per share also saw a significant rise, driven by decreases in loan loss provisions and increases in noninterest income.

Peoples Financial Services Corp. reported unaudited financial results for the three months ended September 30, 2020, with net income of $8.3 million, or $1.14 per diluted share, representing a 16.3% increase compared to the same period in 2019.

Peoples Financial Services Corp. reported net income of $7.6 million, or $1.03 per diluted share, for the three months ended June 30, 2020. This represents a 6.0% increase compared to the comparable period of 2019.

Peoples Financial Services Corp. reported a net income of $5.3 million, or $0.72 per share, for the quarter ended March 31, 2020. This represents a decrease compared to the $6.4 million, or $0.87 per share, reported for the same period in 2019. The decrease was primarily due to an increase in the provision for loan losses, which was impacted by the COVID-19 crisis.