Peoples Financial reports Q2 EPS $1.68 vs. $1.49 last year

Q2 net interest margin on FTE basis was 3.69%, an increase of 19 basis points vs. 3.50% for Q1. Tangible book value per common share was $38.75 at June 30, 2025 compared to $37.35 and $39.31 at March 31, 2025 and June 30, 2024, respectively. CEO Gerard Champi stated, “One year ago, we merged with FNCB Bancorp, Inc. with the belief that together, we would be stronger. Today, our performance affirms that belief – our net income, earnings per share, net interest margin, efficiency ratio and asset quality all reflect the strength of our combined organization as we continue to build on the synergies and efficiencies of the FNCB merger.”