Peoples Financial Services Corp.

Peoples Financial Services Corp. (PFIS) achieved net income of $59.2 million in fiscal year 2025 ended December 31, 2025, with basic and diluted earnings per share of $6 and dividends declared of $2 per share. Comprehensive income totaled $75.2 million, including $16.0 million other comprehensive income net of tax. The balance sheet showed total assets of $5.27 billion, net loans of $4.03 billion (gross loans $4.07 billion less $39.0 million allowance), investment securities of $587.2 million, and total deposits of $4.43 billion ($954.5 million noninterest-bearing, $3.48 billion interest-bearing). Net interest income was $166.0 million, derived from $259.7 million total interest income minus $93.7 million interest expense. Noninterest income contributed $21.7 million, while noninterest expense was $115.4 million. Provision for credit losses remained minimal at $98 thousand. The merger with FNCB Bancorp, Inc. provided $28.1 million net cash and noncash additions of $1.76 billion tangible assets, $50.2 million goodwill and intangibles, offset by $1.68 billion liabilities assumed. Operating cash flow was $54.3 million, financing activities provided $103.3 million, resulting in $133.1 million net increase in cash equivalents. Stockholders' equity was $519.8 million. These results reflect solid core banking operations and acquisition-driven scale.

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