NASDAQ : PFIS
Peoples Financial Services Corp. — Financial statements
Financials · Banks - Regional · United States
Last price 70.32 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 704.06M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 245.26M | 237.22M | 192.26M | 134.64M | 100.59M | 86.45M |
| Interest Income on Investments | 25.42M | 22.47M | 19.20M | 15.21M | 10.74M | 7.61M |
| Total Interest Income | 270.68M | 259.70M | 211.46M | 149.85M | 111.33M | 94.06M |
| Interest Paid on Deposits | 76.62M | 81.17M | 87.93M | 58.56M | 12.63M | 7.31M |
| Interest Paid on Borrowings | 15.27M | 12.56M | 7.54M | 4.54M | 2.95M | 2.11M |
| Total Interest Expense | 91.89M | 93.73M | 95.47M | 63.10M | 15.59M | 9.42M |
| Net Interest Income | 178.79M | 165.96M | 115.99M | 86.75M | 95.75M | 84.64M |
| Trust Income | 5.36M | 5.22M | 4.39M | 3.79M | 3.66M | 3.81M |
| Mortgage Banking Activities | 918.00K | 549.00K | 389.00K | 390.00K | 511.00K | 975.00K |
| Gain (Loss) on Sale of Assets | 132.00K | -74.00K | -165.00K | -3.00K | ||
| Gain (Loss) on Sale of Investments | -1.27M | -2.07M | 133.00K | 70.00K | -2.01M | 12.15M |
| Other Non-Interest Income | 17.70M | 18.10M | 13.59M | 9.88M | 9.68M | 8.70M |
| Total Non-Interest Income | 22.83M | 21.73M | 18.34M | 14.13M | 11.85M | 25.64M |
| Revenues Before Loan Losses | 201.63M | 187.69M | 134.32M | 100.89M | 107.59M | 110.27M |
| Provision for Loan Losses | 4.32M | 98.00K | 19.13M | 566.00K | -449.00K | 1.75M |
| Revenue | 197.31M | 187.59M | 115.19M | 100.32M | 108.04M | 108.52M |
| Salaries and Employee Benefits | 59.84M | 55.99M | 44.96M | 34.40M | 33.02M | 28.89M |
| Occupancy Expenses | 27.82M | 25.25M | 21.10M | 16.15M | 15.58M | 12.09M |
| Federal Deposit Insurance | 2.89M | 3.29M | 3.16M | 2.13M | 1.30M | 1.12M |
| Amortization of Goodwill & Intangibles | 5.90M | 6.40M | 3.37M | 105.00K | 363.00K | 491.00K |
| Selling, General & Administrative | 8.88M | 8.88M | 5.88M | 5.14M | 5.19M | 4.32M |
| Other Non-Interest Expense | 15.50M | 12.91M | 10.24M | 6.46M | 6.32M | 6.88M |
| Total Non-Interest Expense | 123.24M | 115.12M | 90.53M | 66.00M | 62.68M | 55.00M |
| EBT Excluding Unusual Items | 74.07M | 72.47M | 24.67M | 34.32M | 45.37M | 53.52M |
| Pretax Income | 74.07M | 72.23M | 8.47M | 32.50M | 45.37M | 53.52M |
| Income Tax Expense | 13.41M | 13.05M | -30.00K | 5.12M | 7.28M | 10.00M |
| Net Income | 60.66M | 59.19M | 8.50M | 27.38M | 38.09M | 43.52M |
| Net Income to Common | 60.66M | 59.19M | 8.50M | 27.38M | 38.09M | 43.52M |
| Basic Shares Outstanding | 10.00M | 9.99M | 8.53M | 7.11M | 7.17M | 7.20M |
| Diluted Shares Outstanding | 10.05M | 10.07M | 8.59M | 7.15M | 7.21M | 7.24M |
| EPS (Basic) | 6.06 | 5.92 | 1.00 | 3.85 | 5.31 | 6.05 |
| EPS (Diluted) | 6.04 | 5.88 | 0.99 | 3.83 | 5.28 | 6.02 |
| Dividend Per Share | 2.49 | 2.47 | 2.06 | 1.64 | 1.58 | 1.50 |
| Effective Tax Rate | 18.10% | 18.06% | 15.76% | 16.04% | 18.68% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 76.56M | 268.98M | 135.85M | 187.37M | 37.87M | 279.93M |
| Investment Securities | 671.82M | 293.30M | 394.39M | 330.48M | 360.85M | 413.01M |
| Trading Asset Securities | 15.58M | 20.54M | 19.28M | 21.80M | 9.87M | |
| Mortgage-Backed Securities | 66.74M | 314.27M | 235.52M | 158.41M | 213.59M | 181.56M |
| Total Investments | 738.56M | 623.15M | 650.45M | 508.17M | 596.23M | 604.44M |
| Gross Loans | 4.36B | 4.07B | 3.99B | 2.85B | 2.73B | 2.33B |
| Allowance for Loan Losses | -40.78M | -39.01M | -41.78M | -21.89M | -27.47M | -28.38M |
| Other Adjustments to Gross Loans | -1.90M | -1.10M | -400.00K | -300.00K | ||
| Net Loans | 4.32B | 4.03B | 3.95B | 2.83B | 2.70B | 2.30B |
| Property, Plant & Equipment | 88.64M | 78.50M | 73.28M | 61.28M | 55.67M | 51.50M |
| Goodwill | 75.99M | 75.99M | 75.99M | 63.37M | 63.37M | 63.37M |
| Other Intangible Assets | 23.25M | 27.70M | 34.20M | 105.00K | 468.00K | |
| Loans Held for Sale | 1.41M | 805.00K | 250.00K | 408.00K | ||
| Accrued Interest Receivable | 18.32M | 17.63M | 15.63M | 12.73M | 11.71M | 8.53M |
| Other Current Assets | 8.07M | 8.34M | 5.79M | 3.09M | ||
| Long-Term Deferred Tax Assets | 30.59M | 26.55M | 35.69M | 13.77M | 18.74M | 5.36M |
| Other Real Estate Owned & Foreclosed | 2.43M | 765.00K | 121.00K | 609.00K | ||
| Other Long-Term Assets | 183.30M | 112.88M | 109.75M | 61.56M | 63.97M | 54.08M |
| Total Assets | 5.56B | 5.27B | 5.09B | 3.74B | 3.55B | 3.37B |
| Interest Bearing Deposits | 3.70B | 3.25B | 3.29B | 2.51B | 2.18B | 2.13B |
| Institutional Deposits | 229.95M | 184.04M | 121.27M | 92.73M | 90.80M | |
| Non-Interest Bearing Deposits | 971.07M | 954.49M | 935.52M | 644.68M | 772.76M | 737.76M |
| Total Deposits | 4.67B | 4.43B | 4.41B | 3.28B | 3.05B | 2.96B |
| Short-Term Borrowings | 19.72M | 48.07M | 36.05M | 36.40M | 136.40M | 8.81M |
| Current Portion of Long-Term Debt | 51.62M | 555.00K | ||||
| Current Portion of Leases | 1.51M | |||||
| Accrued Interest Payable | 8.62M | 6.79M | 5.50M | 5.76M | 903.00K | 408.00K |
| Long-Term Debt | 83.49M | 83.19M | 33.00M | 33.00M | 33.00M | 33.00M |
| Federal Home Loan Bank Debt, Long-Term | 160.14M | 82.73M | 98.64M | 25.00M | 2.71M | |
| Long-Term Leases | 16.92M | 12.70M | 11.00M | 8.30M | 8.80M | |
| Trust Preferred Securities | 8.22M | 8.14M | 8.04M | |||
| Pension & Post-Retirement Benefits | 4.90M | 5.10M | 3.10M | 2.80M | 2.60M | |
| Other Long-Term Liabilities | 77.68M | 12.79M | 16.12M | 8.57M | 9.61M | 9.63M |
| Total Liabilities | 5.03B | 4.75B | 4.62B | 3.40B | 3.24B | 3.03B |
| Common Stock | 20.06M | 20.02M | 20.00M | 14.09M | 14.32M | 14.34M |
| Additional Paid-In Capital | 251.72M | 251.02M | 250.69M | 122.13M | 126.85M | 127.55M |
| Retained Earnings | 303.44M | 273.50M | 238.96M | 248.55M | 230.51M | 203.75M |
| Comprehensive Income & Other | -45.91M | -24.69M | -40.70M | -44.35M | -56.34M | -5.51M |
| Shareholders' Equity | 529.30M | 519.85M | 468.95M | 340.42M | 315.35M | 340.13M |
| Total Liabilities & Equity | 5.56B | 5.27B | 5.09B | 3.74B | 3.55B | 3.37B |
| Total Debt | 271.58M | 292.18M | 188.43M | 105.40M | 178.25M | 53.32M |
| Net Cash (Debt) | 33.38M | -7.62M | -32.04M | 101.25M | -118.59M | 236.48M |
| Net Cash Per Share | 3.32 | -0.76 | -3.73 | 14.16 | -16.44 | 32.68 |
| Filing Date Shares Outstanding | 10.01M | 10.00M | 9.99M | 7.06M | 7.16M | 7.17M |
| Total Common Shares Outstanding | 10.01M | 9.99M | 9.99M | 7.04M | 7.16M | 7.17M |
| Book Value Per Share | 52.87 | 52.01 | 46.94 | 48.35 | 44.06 | 47.44 |
| Tangible Book Value | 430.06M | 416.16M | 358.77M | 277.05M | 251.88M | 276.29M |
| Tangible Book Value Per Share | 42.95 | 41.64 | 35.91 | 39.35 | 35.19 | 38.54 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 59.19M | 8.50M | 27.38M | 38.09M | 43.52M | |
| Depreciation & Amortization | 10.62M | 7.24M | 3.50M | 4.03M | 3.64M | |
| Other Amortization | 705.00K | 387.00K | ||||
| Gain (Loss) on Sale of Assets | 79.00K | 165.00K | -15.00K | -653.00K | -176.00K | |
| Gain (Loss) on Sale of Investments | 439.00K | -472.00K | 1.37M | 3.95M | -10.41M | |
| Total Asset Writedown | 212.00K | 818.00K | ||||
| Provision for Credit Losses | 98.00K | 19.13M | 566.00K | -449.00K | 1.75M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -749.00K | 247.00K | -262.00K | 455.00K | 760.00K | |
| Accrued Interest Receivable | -2.00M | 4.55M | -1.02M | -3.19M | -273.00K | |
| Change in Other Net Operating Assets | -2.76M | 10.04M | -4.92M | -1.75M | 3.00M | |
| Other Operating Activities | 3.16M | -5.33M | 895.00K | 885.00K | -930.00K | |
| Operating Cash Flow | 54.27M | 34.73M | 33.25M | 42.36M | 40.77M | |
| Capital Expenditures | -10.93M | -2.58M | -5.92M | -7.83M | -4.88M | |
| Sale of Property, Plant and Equipment | 7.39M | 1.81M | 14.00K | 170.00K | 58.00K | |
| Cash Acquisitions | 28.07M | |||||
| Investment in Securities | 40.50M | 301.80M | 98.90M | -48.27M | -286.05M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -60.65M | 61.68M | -123.33M | -402.70M | -151.96M | |
| Other Investing Activities | -1.27M | -4.43M | 4.45M | -10.15M | 1.80M | |
| Investing Cash Flow | -24.44M | 386.35M | -25.75M | -467.82M | -440.10M | |
| Short-Term Debt Issued | 16.82M | 114.93M | ||||
| Long-Term Debt Issued | 159.19M | 25.00M | ||||
| Total Debt Issued | 176.01M | 25.00M | 114.93M | |||
| Short-Term Debt Repaid | -131.39M | -97.34M | -50.00M | |||
| Long-Term Debt Repaid | -73.89M | -23.29M | -555.00K | -2.16M | -12.06M | |
| Total Debt Repaid | -73.89M | -154.68M | -97.89M | -2.16M | -62.06M | |
| Net Debt Issued (Repaid) | 102.12M | -154.68M | -72.89M | 112.77M | -62.06M | |
| Repurchase of Common Stock | -5.89M | -1.25M | -2.36M | |||
| Common Dividends Paid | -24.64M | -18.09M | -11.66M | -11.32M | -10.79M | |
| Net Increase (Decrease) in Deposit Accounts | 25.82M | -299.81M | 232.44M | 83.20M | 526.28M | |
| Financing Cash Flow | 103.30M | -472.58M | 142.00M | 183.40M | 451.07M | |
| Net Cash Flow | 133.13M | -51.51M | 149.50M | -242.06M | 51.74M | |
| Free Cash Flow | 43.34M | 32.15M | 27.33M | 34.53M | 35.89M | |
| Free Cash Flow Margin | 23.10% | 27.91% | 27.24% | 31.96% | 33.07% | |
| Free Cash Flow Per Share | 4.30 | 3.74 | 3.82 | 4.79 | 4.96 | |
| Cash Interest Paid | 92.45M | 95.73M | 58.23M | 15.09M | 9.75M | |
| Cash Income Tax Paid | 7.56M | 1.85M | 3.46M | 10.00M | 6.74M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 704.06M | 486.84M | 511.53M | 342.89M | 371.32M | 377.93M |
| Last Close Price | 70.32 | 47.24 | 47.23 | 42.99 | 44.10 | 43.46 |
| PE Ratio | 11.64 | 8.22 | 60.19 | 12.52 | 9.75 | 8.68 |
| PS Ratio | 3.57 | 2.60 | 4.44 | 3.42 | 3.44 | 3.48 |
| PB Ratio | 1.33 | 0.94 | 1.09 | 1.01 | 1.18 | 1.11 |
| P/FCF Ratio | 15.68 | 11.23 | 15.91 | 12.55 | 10.76 | 10.53 |
| P/OCF Ratio | 13.17 | 8.97 | 14.73 | 10.31 | 8.77 | 9.27 |
| Debt / Equity Ratio | 0.51 | 0.56 | 0.40 | 0.31 | 0.56 | 0.16 |
| Debt / FCF Ratio | 6.74 | 5.86 | 3.86 | 5.16 | 1.49 | |
| Net Debt / Equity Ratio | -0.06 | 0.01 | 0.07 | -0.30 | 0.38 | -0.69 |
| Net Debt / FCF Ratio | 0.18 | 1.00 | -3.71 | 3.44 | -6.59 | |
| Return on Equity (ROE) | 11.68% | 11.97% | 2.10% | 8.35% | 11.62% | 13.25% |
| Return on Assets (ROA) | 1.13% | 1.14% | 0.19% | 0.75% | 1.10% | 1.39% |
| Earnings Yield | 8.59% | 12.16% | 1.66% | 7.99% | 10.26% | 11.52% |
| FCF Yield | 6.38% | 8.90% | 6.29% | 7.97% | 9.30% | 9.50% |
| Dividend Yield | 3.55% | 5.07% | 4.02% | 3.37% | 3.05% | 2.85% |
| Payout Ratio | 41.40% | 41.63% | 212.91% | 42.58% | 29.73% | 24.80% |
| Buyback Yield / Dilution | 0.16% | -17.33% | -20.06% | 0.83% | 0.33% | 1.40% |
| Total Shareholder Return | 3.71% | -12.26% | -16.04% | 4.20% | 3.37% | 4.24% |