Peoples Financial Services Corp. (OTCQB:PFIS) is a small-cap regional bank that is headquartered in Pennsylvania and has a market cap of $108.05 million. When last reported, the bank had $688.9 million in assets, $596.9 million in deposits and a tangible book value of $21.74 per share.
A lot of interesting events have been going on at this neighborhood bank with all of them aimed at increasing shareholder returns and value. With that in mind, below I have outlined the bank's recent performance, current financial position and strategy. All of which I believe set the bank up for a very long period of growth.
2nd Quarter Highlights
- Reported net income of $2.282 million or $0.74 per share bringing
Only subscribers can access this article, which is part of the PRO research library covering 3,570 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: