PEOPLES FINANCIAL SERVICES CORP. (PFIS) Form 10-Q — Aug 7, 2026

$PFISForm 10-QFiled Aug 7, 2026, 4:06 PM ET0001104659-26-092684Original filing

Peoples Financial Services Corp. (Nasdaq: PFIS) reported Q2 2026 net income of $14.8 million, or $1.48 diluted EPS, down about 13% from $17.0 million, or $1.68, in Q2 2025. Six-month net income was $29.6 million versus $32.0 million a year ago. Net interest income grew 8% year over year to $45.6 million and loans expanded to $4.30 billion, but the quarter swung to a $3.1 million provision for credit losses from a $0.2 million year-ago benefit while noninterest expense rose 8% to $30.6 million.

Key figures

Eps: $1.48 diluted Q2 2026 (vs $1.68 Q2 2025); $2.95 diluted H1 2026 (vs $3.18 H1 2025)
Net Income: $14.8M Q2 2026 (vs $17.0M Q2 2025); $29.6M H1 2026 (vs $32.0M H1 2025)
Total Debt: $331.4M total borrowings ($85.3M short-term, $154.5M long-term, $83.4M subordinated, $8.2M junior subordinated)
Total Assets: $5.44B at June 30, 2026
Cash Position: $256.3M at June 30, 2026 (vs $269.0M at Dec 31, 2025)
Shares Outstanding: 10010367
Total Loans: $4.30B at June 30, 2026 (vs $4.07B at Dec 31, 2025)
Total Deposits: $4.51B at June 30, 2026
Nonaccrual Loans: $13.7M at June 30, 2026 (vs $10.8M at Dec 31, 2025)
Net Interest Income Q2: $45.6M (vs $42.2M Q2 2025, +8.1%)
Noninterest Income Q2: $6.5M (vs $6.2M Q2 2025)
Noninterest Expense Q2: $30.6M (vs $28.3M Q2 2025)
Total Stockholders Equity: $536.2M at June 30, 2026
Allowance For Credit Losses: $42.3M at June 30, 2026 (vs $39.0M at Dec 31, 2025)
Dividend Per Share Declared: $0.6250 Q3 2026 (vs $0.6175 Q2 2025)
Commercial Real Estate Loans: $2.49B (~58% of total loans)
Provision For Credit Losses Q2: $3.1M (vs $(0.2)M benefit Q2 2025)
Gross Gains On Afs Security Sales H1: $510K

Price after filing

1 day: 0.0%7 days: +1.0%30 days: +1.7%

Close on the filing date to close N calendar days later (from $70.66). Historical, not a forecast.

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