SCRANTON, Pa. (AP) _ Peoples Financial Services Corp. (PFIS) on Friday reported second-quarter earnings of $7.6 million.
The bank, based in Scranton, Pennsylvania, said it had earnings of $1.03 per share.
The holding company for Peoples Security Bank and Trust posted revenue of $27.3 million in the period. Its revenue net of interest expense was $23.9 million, exceeding Street forecasts.
Peoples Financial Services shares have decreased 28% since the beginning of the year. The stock has dropped 21% in the last 12 months.
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
The Associated Press