Peoples Financial Services (NASDAQ:PFIS - Get Free Report) announced its quarterly earnings data on Thursday, May 1st. The financial services provider reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.16, Zacks reports. The business had revenue of $62.43 million during the quarter, compared to analyst estimates of $44.35 million. Peoples Financial Services had a return on equity of 8.97% and a net margin of 3.70%.
Peoples Financial Services Stock Performance
Shares of NASDAQ:PFIS traded up $1.74 during trading on Thursday, hitting $47.59. 13,786 shares of the company were exchanged, compared to its average volume of 24,444. The company has a market cap of $475.66 million, a PE ratio of 42.12 and a beta of 0.70. Peoples Financial Services has a 52-week low of $37.47 and a 52-week high of $59.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a 50 day moving average of $44.13 and a 200 day moving average of $48.91.
Peoples Financial Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.6175 per share. This represents a $2.47 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date is Friday, May 30th. Peoples Financial Services's payout ratio is currently 115.96%.
Insider Activity at Peoples Financial Services
In other news, Director Richard S. Lochen, Jr. acquired 1,000 shares of Peoples Financial Services stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average price of $47.12 per share, with a total value of $47,120.00. Following the completion of the purchase, the director now owns 17,129 shares in the company, valued at approximately $807,118.48. The trade was a 6.20 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 8.00% of the stock is currently owned by corporate insiders.
Peoples Financial Services Company Profile
(
Get Free Report)
Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.
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