NASDAQ$PFIS

Peoples Financial Services · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Net income increased due to lower provisions for credit losses and noninterest expenses, offsetting reduced net interest income. The merger with FNCB Bancorp was consummated on July 1, 2024, impacting financial results.

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.

  • Net income increased primarily due to lower provisions for credit losses and noninterest expenses.
  • Core net income, excluding non-recurring acquisition related expenses, totaled $10.0 million or $0.99 per diluted share.
  • Pre-provision net revenue (PPNR) was $9.6 million or $0.96 per diluted share.
  • Core pre-provision net revenue (PPNR) was $14.6 million or $1.46 per diluted share.

Headline financials

Total Revenue

$44.9M

Previous: $23.5M+91.1%
EPS (adj)

$0.99

Previous: $0.61+62.3%
Core Return on Average Assets

0.8%

No prior period
Allowance for Credit Losses to Loans, Net

1.1%

No prior period
Net Income

$6.1M

Previous: $3.6M+69.4%
Operating Income

$5.8M

No prior period

Revenue & EPS history

Peoples Financial · Revenue · Quarterly

$44.9M

Q4 2024+91.1%vs Q4 2023
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

Peoples Financial · $4.48M total across 7 segments · Q3 2020

  • Service Charges, Fees, Commissions and Other
    $1.58M
  • Interest Rate Swap Income (Loss)
    $1.23M
  • Commissions and Fees on Fiduciary Activities
    $575K
  • Mortgage Banking Income
    $488K
  • Wealth Management Income
    $272K
  • Increase in Cash Surrender Value of Life Insurance
    $192K
  • Merchant Services Income
    $137K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.8%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+2.5%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+16.8%

Q3 2024

Best reaction

-12.8%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%+0.6%+4.8%
Q4 2025+0.0%+6.9%+4.2%
Q3 2025+2.9%+3.9%+10.6%
Q1 2025+3.5%+6.0%+1.7%
Q4 2024-3.5%+0.5%-11.3%
Q3 2024+16.8%+6.7%+16.0%
Q2 2024+3.6%+1.1%-3.2%
Q1 2024-1.2%-2.2%+6.0%
Q4 2023-1.6%-2.2%-15.9%
Q3 2023+0.1%+2.6%+9.2%
Q2 2023+1.0%+0.7%-5.1%
Q1 2023+0.5%-5.8%+1.9%
Q4 2022-0.3%+0.0%-1.9%
Q3 2022+0.3%+4.3%+11.3%
Q2 2022-1.3%-1.4%+1.7%
Q1 2022-0.5%+0.8%+7.2%
Q4 2021+2.5%+1.0%-2.6%
Q3 2021+1.4%-0.1%+8.6%
Q2 2021-0.7%-0.5%+5.2%
Q1 2021+0.6%+1.0%+4.8%
Q4 2020+8.3%+9.2%+22.9%
Q3 2020+2.0%+2.1%+5.7%
Q2 2020-0.4%-0.2%+2.6%
Q1 2020+7.9%+27.1%+9.5%
Q4 2019-12.8%-12.2%-9.6%
Q3 2019+0.2%+2.6%+2.4%
Q2 2019+0.2%+1.3%-2.7%
Q1 2019-0.0%-0.1%-2.6%
Q4 2018+1.1%+6.7%+6.7%
Q3 2018-1.1%+5.7%+5.2%
Q2 2018-0.6%-0.6%-3.0%
Q1 2018+0.5%-0.9%+3.1%
Q4 2017-3.0%-5.6%-6.7%
Q3 2017-0.9%+3.5%+5.2%
Q2 2017-0.2%-0.9%-5.8%
Q1 2017-1.6%+2.2%-6.8%
Q4 2016+1.2%+3.9%-2.2%
Q3 2016-0.8%+2.6%+16.0%
Q2 2016+2.5%+2.1%+3.4%
Q1 2016-1.3%
Q4 2015+0.2%
Q3 2015-1.3%
Q2 2015+4.0%
Q1 2015-0.6%
Q4 2014-0.3%
Q3 2014+1.3%
Q2 2014+3.0%
Q1 2013-0.2%
Q1 2014+4.3%
Q2 2013+3.8%
Q4 2012+3.8%
Q4 2013+3.8%
Q3 2012+0.0%
Q3 2013+0.0%
Q2 2012+5.9%
Q1 2012+3.4%
Q4 2010+0.0%
Q4 2009+0.0%
Q4 2011+0.0%
Q3 2011-0.0%
Q3 2010-0.0%
Q2 2011-1.8%
Q2 2010-1.8%
Q1 2011-1.8%
Q1 2010+1.0%

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