SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Monday reported net income of $16.4 million in its fourth quarter.
The bank, based in Scranton, Pennsylvania, said it had earnings of $2.28 per share. Earnings, adjusted for non-recurring gains, were 95 cents per share.
The holding company for Peoples Security Bank and Trust posted revenue of $38.9 million in the period. Its revenue net of interest expense was $36.9 million, exceeding Street forecasts.
For the year, the company reported profit of $43.5 million, or $6.02 per share. Revenue was reported as $110.3 million.
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