Latest Peoples Finl Svcs Co (PFIS) Headlines
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Posted On: 03/10/2014 11:44:31 PM
Latest Peoples Finl Svcs Co (PFIS) Headlines
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
PR Newswire - Wed Feb 12, 3:47PM CST
Peoples Financial Services Corp. (OTCQB: PFIS) ("Peoples"), the bank holding company of Peoples Security Bank and Trust Company, announced today that its Board of Directors has authorized a stock repurchase plan providing for the purchase of up to 370,000 shares of its outstanding common stock. The timing, price and volume of repurchases will be based on market conditions, relevant securities laws and other factors. The stock repurchases may be made from time to time on the open market or in privately negotiated transactions. The stock repurchase program does not require Peoples to repurchase any specific number of shares, and Peoples may terminate the repurchase program at any time. After giving effect to its recent merger with Penseco Financial Services Corporation, Peoples currently has approximately 7,552,944 shares of common stock outstanding.
Peoples Financial Services Corp. Reports Earnings
PR Newswire - Wed Feb 12, 3:46PM CST
Peoples Financial Services Corp. ("Peoples") (OTCQB: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve-month periods ended December 31, 2013. Peoples, which completed a merger with Penseco Financial Services Corporation ("Penseco") on November 30, 2013, reported net income of $5.1 million, or $1.07 per basic and diluted weighted average share, compared to $10.6 million, or $2.37 per share, reported by Penseco for the twelve months ended December 31, 2012. Peoples reported a net loss of $2.8 million, $0.50 per share, for the three months ended December 31, 2013, compared to net income of $2.7 million, or $0.61 per share, reported by Penseco for the three months ended December 31, 2012.
Peoples Financial Services Corp. Completes Merger with Penseco Financial Services Corporation
Business Wire - Mon Dec 02, 12:17PM CST
Craig W. Best, President and CEO of Peoples Financial Services Corp. ("Peoples"; OTCQB: PFIS) announced today the closing of its merger with Penseco Financial Services Corporation on November 30, 2013. Peoples also announced the merger of its subsidiary bank, Peoples Neighborhood Bank with Penn Security Bank and Trust Company on December 1, 2013. The combined bank will operate as Peoples Security Bank and Trust Company. Full integration of the banks is expected to be completed in April, 2014.
Peoples Financial Services Corp. Announces Common Stock Repurchase Plan
PR Newswire - Wed Feb 12, 3:47PM CST
Peoples Financial Services Corp. (OTCQB: PFIS) ("Peoples"), the bank holding company of Peoples Security Bank and Trust Company, announced today that its Board of Directors has authorized a stock repurchase plan providing for the purchase of up to 370,000 shares of its outstanding common stock. The timing, price and volume of repurchases will be based on market conditions, relevant securities laws and other factors. The stock repurchases may be made from time to time on the open market or in privately negotiated transactions. The stock repurchase program does not require Peoples to repurchase any specific number of shares, and Peoples may terminate the repurchase program at any time. After giving effect to its recent merger with Penseco Financial Services Corporation, Peoples currently has approximately 7,552,944 shares of common stock outstanding.
Peoples Financial Services Corp. Reports Earnings
PR Newswire - Wed Feb 12, 3:46PM CST
Peoples Financial Services Corp. ("Peoples") (OTCQB: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and twelve-month periods ended December 31, 2013. Peoples, which completed a merger with Penseco Financial Services Corporation ("Penseco") on November 30, 2013, reported net income of $5.1 million, or $1.07 per basic and diluted weighted average share, compared to $10.6 million, or $2.37 per share, reported by Penseco for the twelve months ended December 31, 2012. Peoples reported a net loss of $2.8 million, $0.50 per share, for the three months ended December 31, 2013, compared to net income of $2.7 million, or $0.61 per share, reported by Penseco for the three months ended December 31, 2012.
Peoples Financial Services Corp. Completes Merger with Penseco Financial Services Corporation
Business Wire - Mon Dec 02, 12:17PM CST
Craig W. Best, President and CEO of Peoples Financial Services Corp. ("Peoples"; OTCQB: PFIS) announced today the closing of its merger with Penseco Financial Services Corporation on November 30, 2013. Peoples also announced the merger of its subsidiary bank, Peoples Neighborhood Bank with Penn Security Bank and Trust Company on December 1, 2013. The combined bank will operate as Peoples Security Bank and Trust Company. Full integration of the banks is expected to be completed in April, 2014.
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