SCRANTON, Pa. (AP) — SCRANTON, Pa. (AP) — Peoples Financial Services Corp. (PFIS) on Thursday reported net income of $6.1 million in its fourth quarter.
The Scranton, Pennsylvania-based bank said it had earnings of 61 cents per share. Earnings, adjusted for one-time gains and costs, were 99 cents per share.
The holding company for Peoples Security Bank and Trust posted revenue of $71.5 million in the period. Its revenue net of interest expense was $44.2 million, which beat Street forecasts.
For the year, the company reported profit of $8.5 million, or 99 cents per share. Revenue was reported as $134.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFIS at https://www.zacks.com/ap/PFIS
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