Peoples Financial Services Corp. has released its Q2 2025 investor presentation, revealing key financial metrics and performance indicators. Here are the notable changes in the company's metrics compared to the previous period:
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Net Income: The company reported a net income of $12.5 million for Q2 2025, a significant increase of 15% from the previous quarter's figure of $10.9 million.
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Total Assets: Total assets saw a substantial growth, reaching $1.8 billion in Q2 2025, up 8% from the previous quarter's total assets of $1.67 billion.
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Tangible Common Equity (TCE): The TCE stood at $190 million in the second quarter, marking a 12% surge from the prior quarter's TCE of $170 million.
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Tangible Book Value per Share (TBVPS): The TBVPS experienced a notable upturn, reaching $23.40 in Q2 2025, compared to $21.10 in the previous quarter, reflecting a 11% increase.
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Return on Average Tangible Common Equity (ROATCE): The company reported a ROATCE of 14.5% in Q2 2025, showing a slight improvement from the previous quarter's ROATCE of 14.2%.
These figures indicate a positive trend in the company's financial performance, marked by increased net income, total assets, tangible common equity, tangible book value per share, and a steady return on average tangible common equity. The market has reacted to these announcements by moving the company's shares 5.85% to a price of $52.87. If you want to know more, read the company's complete 8-K report here.