Peoples Financial Completes $85M Subordinated Notes Placement

An announcement from Peoples Financial Services ( (PFIS) ) is now available.

On June 6, 2025, Peoples Financial Services Corp. completed a private placement of $85 million in subordinated notes, which are intended to qualify as Tier 2 capital for regulatory purposes. The notes, bearing a fixed-to-floating interest rate, will help repay existing subordinated debt and support general corporate purposes. The transaction was oversubscribed, reflecting strong investor demand, and is seen as a strategic move to strengthen the company’s balance sheet and support growth following its merger with FNCB Bancorp, Inc.

Spark’s Take on PFIS Stock

According to Spark, TipRanks’ AI Analyst, PFIS is a Outperform.

Peoples Financial Services demonstrates strong financial performance with impressive cash flow and stable balance sheets. Technical indicators suggest moderate bullish momentum, while corporate events highlight robust quarterly results. Although the stock may be overvalued based on its P/E ratio, the attractive dividend yield provides a counterbalance. Overall, the company is well-positioned for future stability and growth.

To see Spark’s full report on PFIS stock, click here.

More about Peoples Financial Services

Peoples Financial Services Corp. is the bank holding company of Peoples Security Bank and Trust Company, an independent community bank serving retail and commercial customers through 39 full-service community banking offices across Pennsylvania, New Jersey, and New York. The bank offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations, and government entities, emphasizing direct access to senior management and local decision-making.

Average Trading Volume: 21,338

Technical Sentiment Signal: Strong Buy

Current Market Cap: $473.8M

See more data about PFIS stock on TipRanks’ Stock Analysis page.