Peoples Financial Services ( (PFIS) ) has released a notification of late filing.
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Peoples Financial Services Corp. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the additional audit procedures required following the merger with FNCB Bancorp, Inc., which was completed in the fourth quarter of 2024. The company expects to file the report within fifteen calendar days of the original due date. The merger has significantly impacted the financial results, with a notable decrease in net income from $27.4 million in 2023 to $8.5 million in 2024. Peoples Financial Services is actively working to ensure compliance, with the notification signed by Executive Vice President and CFO, John R. Anderson, III.
More about Peoples Financial Services
YTD Price Performance: -9.28%
Average Trading Volume: 26,937
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $461.4M
See more insights into PFIS stock on TipRanks’ Stock Analysis page.
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