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Peoples Ltd. Announces First Quarter Results

WYALUSING, Pa., April 26, 2024 /PRNewswire/ -- Anthony J. Gabello, President and Chief Executive Officer of Peoples Ltd. (OTC:PPLL), holding company for PS Bank, has announced results for the first quarter 2024. Consolidated net income year-to-date was $1,649,000 or $2.01 earnings per share versus net income for the first quarter 2023 of $1,973,000 or $2.41 per share. Net income for the first quarter of 2024 decreased 16.42% from the first quarter of 2023, due primarily to increased interest expense and salaries / personnel expenses, partially offset by ...