SCRANTON, Pa., Jan. 26,
2024 /PRNewswire/ -- The Board of Directors of
Peoples Financial Services Corp. (NASDAQ: PFIS) declared a first
quarter dividend of $0.41 per share.
The $0.41 dividend represents the
same amount of dividend declared in the first quarter of 2023. The
dividend is payable March 15, 2024 to
shareholders of record February 29,
2024.
Peoples Financial Services Corp. (the "Company") is the parent
company of Peoples Security Bank and Trust Company (the "Bank"), an
independent community bank serving its retail and commercial
customers through twenty-eight full-service community banking
offices located within the Allegheny, Bucks, Lackawanna,
Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, and Wyoming Counties in Pennsylvania, Middlesex County in New Jersey and Broome County in New York. Each office, interdependent with the
community, offers a comprehensive array of financial products and
services to individuals, businesses, not-for-profit organizations
and government entities. The Company's business philosophy includes
offering direct access to senior management and other officers and
providing friendly, informed and courteous service, local and
timely.
Safe Harbor Forward-Looking Statements:
We make statements in this press release, and we may from time
to time make other statements regarding our dividend program,
outlook or expectations for future financial or operating results
and/or other matters regarding or affecting Peoples Financial
Services Corp., Peoples Security Bank and Trust Company, and its
subsidiaries (collectively, "Peoples") that are considered
"forward-looking statements" as defined in Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such forward-looking
statements may be identified by the use of such words as "believe,"
"expect," "anticipate," "should," "planned," "estimated," "intend"
and "potential." For these statements, Peoples claims the
protection of the statutory safe harbors for forward-looking
statements.
Peoples cautions you that a number of important factors could
cause actual results to differ materially from those currently
anticipated in any forward-looking statement. Such factors include,
but are not limited to: prevailing economic and political
conditions, particularly in our market area; credit risk associated
with our lending activities; changes in interest rates, loan
demand, real estate values and competition; changes in accounting
principles, policies, and guidelines; changes in any applicable
law, rule, regulation or practice with respect to tax or legal
issues; our ability to identify and address cyber-security risks
and other economic, competitive, governmental, regulatory and
technological factors affecting Peoples' operations, pricing,
products and services and other factors that may be described in
Peoples' Annual Reports on Form 10-K and Quarterly Reports on Form
10-Q as filed with the Securities and Exchange Commission from time
to time.
The forward-looking statements are made as of the date of this
release, and, except as may be required by applicable law or
regulation, Peoples assumes no obligation to update the
forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements.
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SOURCE Peoples Financial Services Corp.
