Peoples Financial Services Corp. (PFIS)

PFIS Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	140.92	134.64	100.59	86.45	87.42	86.8
Interest Income on Investments	15.29	15.21	10.75	7.61	6.71	6.58
Total Interest Income	156.21	149.85	111.33	94.06	94.13	93.38
Interest Paid on Deposits	72.06	58.56	12.63	7.31	11.74	15
Interest Paid on Borrowings	4.38	4.54	2.95	2.11	2.59	2.87
Total Interest Expense	76.43	63.1	15.59	9.42	14.32	17.87
Net Interest Income	79.78	86.75	95.75	84.64	79.8	75.51
Net Interest Income Growth (YoY)	-15.68%	-9.39%	13.13%	6.06%	5.68%	5.85%
Trust Income	3.77	3.8	3.66	3.81	3.41	3.61
Gain (Loss) on Sale of Investments	-0.01	0.07	-2.01	12.16	0.91	0.16
Other Non-Interest Income	9.73	9.88	9.68	8.7	10.73	10.75
Total Non-Interest Income	13.85	14.13	11.85	25.64	16.64	15.12
Non-Interest Income Growth (YoY)	17.68%	19.32%	-53.80%	54.04%	10.07%	10.70%
Revenues Before Loan Losses	93.63	100.89	107.59	110.27	96.44	90.63
Provision for Loan Losses	2.81	0.57	-0.45	1.75	7.4	6.1
Revenue	90.82	100.32	108.04	108.52	89.04	84.53
Revenue Growth (YoY)	-16.69%	-7.15%	-0.44%	21.87%	5.34%	4.62%
Salaries and Employee Benefits	34.12	34.4	32.82	28.89	30.14	30.46
Federal Deposit Insurance	2.13	2.13	1.3	1.12	0.87	0.65
Amortization of Goodwill & Intangibles	0.05	0.11	0.36	0.49	0.61	0.73
Selling, General & Administrative	5.24	5.24	5.39	4.32	3.28	4.21
Other Non-Interest Expense	7.41	6.38	6.32	6.88	6.5	6.9
Total Non-Interest Expense	67.63	66	62.68	55	54.87	55.64
EBT Excluding Unusual Items	23.2	34.32	45.37	53.52	34.18	28.89
Pretax Income	19.95	32.5	45.37	53.52	34.18	28.89
Income Tax Expense	2.82	5.12	7.28	10	4.82	3.16
Earnings From Continuing Operations	17.12	27.38	38.09	43.52	29.35	25.74
Net Income to Common	17.12	27.38	38.09	43.52	29.35	25.74
Basic Shares Outstanding	7	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7	7
Shares Change (YoY)	-1.20%	-0.83%	-0.33%	-1.40%	-1.01%	0.13%
EPS (Basic)	2.43	3.85	5.31	6.05	4.02	3.48
EPS (Diluted)	2.41	3.83	5.28	6.02	4.00	3.47
EPS Growth	-52.09%	-27.46%	-12.29%	50.50%	15.27%	3.01%
Effective Tax Rate	14.14%	15.76%	16.04%	18.68%	14.11%	10.92%
Dividend Per Share	1.640	1.640	1.580	1.500	1.440	1.370
Dividend Growth	1.23%	3.80%	5.33%	4.17%	5.11%	4.58%

Source: S&P Capital IQ. Banks template.