Peoples Financial Service

What Peoples Financial Service does

Peoples Financial Services Corp. is a Pennsylvania-incorporated bank holding company that operates through its wholly-owned subsidiary, Peoples Security Bank and Trust Company, distributing retail and commercial banking products through 40 full-service community banking offices across Pennsylvania (14 counties), New Jersey (Middlesex County), and New York (Broome County). Founded in 1905 and headquartered in Moosic, PA following a 2025 relocation from Scranton, the company is publicly traded on NASDAQ under ticker PFIS with approximately 9.99 million common shares outstanding and a $486.8 million market capitalization at December 31, 2025. It targets individuals, businesses, not-for-profit organizations, and government entities, with municipal deposits representing 20.4% of total deposits.

The core technology stack is described as traditional banking infrastructure supporting community banking operations, with no disclosed proprietary AI, API, or platform components. Revenue is generated primarily through net interest income on commercial loans, real estate loans, consumer loans, equipment financing, and investment securities ($165.96 million in full year 2025), supplemented by noninterest income from service charges, merchant services, wealth management and fiduciary activities, mortgage banking, BOLI cash surrender value, interest rate swap income, and securities gains/losses ($21.7 million in full year 2025). Net interest margin (FTE) was 3.60% in Q4 2025, up 35 basis points year-over-year, and the dividend program reached its 25th consecutive year of payments at $2.50 annualized per share.

The business model is a relationship-based community bank go-to-market executed through physical branches with direct customer access to senior management and local decision-making authority. The most significant recent strategic event is the July 1, 2024 merger with FNCB Bancorp, Inc., which transformed the balance sheet from a sub-$3 billion community bank to a $5.3 billion asset institution, lifted full-year 2025 net income to $59.2 million from $8.5 million in 2024, and expanded the tri-state footprint. Leadership transition is underway with CEO Gerard A. Champi expected to assume the additional President role following Thomas P. Tulaney's planned April 3, 2026 retirement, while Marie L. Luciani serves as Investor Relations Officer.

Name

Peoples Financial Service

Legal name

Peoples Financial Services Corp.

Website

https://ir.psbt.com

Company type

Public

Founded year

1905

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Peoples Financial Services Corp. is a Pennsylvania-based bank holding company that, through its subsidiary Peoples Security Bank and Trust Company, delivers retail and commercial community banking services to individuals, businesses, and government entities across 40 branches in Pennsylvania, New Jersey, and New York.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Offices of Bank Holding Companies (551111), Depository Credit Intermediation (5221), Funds, Trusts, and Other Financial Vehicles (525)

SIC

State Commercial Banks (6022), National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Bank-Affiliated Retail Wealth Management (FSAAAAAB), Affluent / Mass-Affluent Private Banking (FSABADAC), Corporate & Institutional Trust Services (FSAAANAB)

Keywords

• Community banking services
• Retail banking services
• Commercial lending services
• Wealth management services
• Residential mortgage lending

Headquarters

HQ city

Scranton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Net Interest Income: Primary revenue driver from interest earned on loans (commercial, real estate, consumer, equipment financing) and investment securities. Net interest income was $165.96 million for full year 2025, up from $115.99 million in 2024, driven by the FNCB merger and expanded balance sheet.
2. Noninterest Income: Secondary revenue from service charges, fees, merchant services, wealth management, fiduciary activities, mortgage banking, BOLI cash surrender value, interest rate swap income, and gains/losses on securities and assets. Total noninterest income was $21.7 million for full year 2025.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Peoples Financial Services Corp. is the bank holding company for Peoples Security Bank and Trust Company, operating as a regional community bank that delivers retail and commercial banking products and services through 40 full-service community banking offices across Pennsylvania, New Jersey, and New York. Core offerings include deposit products (checking, savings, time deposits), consumer and commercial loans, commercial real estate financing, wealth management and fiduciary services, residential mortgage lending, merchant services, and interest rate swap services. Supplementary investor services include a Dividend Reinvestment & Stock Purchase Plan for shareholders.

Product overview

Peoples Financial Services Corp. is a bank holding company operating through its subsidiary Peoples Security Bank and Trust Company. The company offers a comprehensive array of financial products and services through 40 full-service community banking offices. Its core offerings include retail and commercial banking services (deposits, checking, savings, commercial loans, commercial real estate financing), supplemented by wealth management/fiduciary services, mortgage banking for residential lending, merchant services for payment processing, and interest rate swap services for commercial customers. The company also provides a Dividend Reinvestment & Stock Purchase Plan for shareholder participation. This is a traditional community banking model with a unified product portfolio organized around core banking services plus fee-generating ancillary services.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Banking Services
• Commercial Banking Services
• Wealth Management
• Mortgage Banking
• Merchant Services
• Interest Rate Swap Services
• Dividend Reinvestment & Stock Purchase Plan (DRIP)

Quantifiable outcome

• Net income of $59.2 million for full year 2025, up from $8.5 million in 2024
• +2 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• NBT Bancorp: Northeast community bank holding company (NBTB) with branches across upstate NY, PA, VT and MA. Similar asset size band and community/commercial banking model with adjoining footprint.
• Univest Financial Corporation: PA-based bank holding company (UVSP) with community banking, mortgage and wealth management lines, operating in southeastern and central PA. Highly comparable regional franchise and product mix.
• S&T Bancorp: Pennsylvania-headquartered community bank holding company with comparable Mid-Atlantic branch footprint, similar asset size (~$8-9B), and overlapping commercial/retail banking model. Closest direct comparable for PFIS's post-FNCB scale.
• Citizens & Northern Corporation: Small PA-based community bank holding company (CZNC) operating in northern PA and southern NY. Smaller-scaled but very comparable community banking model with direct footprint overlap.
• Tompkins Financial Corporation: NY-headquartered community bank holding company (TMP) with branches across NY and PA, including similar community banking and wealth management offerings. Direct overlap in PA/NY footprint.
• Northwest Bancshares: Pennsylvania-based bank holding company (NWBI) operating a community/thrift-style branch network across PA, NY, OH and IN. Comparable deposit-funded community banking model with PA overlap.
• First Keystone Corporation: Pennsylvania community bank holding company (FKYS) with branches across multiple PA counties. Smaller-scale but directly comparable community-bank model with overlapping PA geography.
• Community Bank System: Upstate NY-based community bank holding company (CBU) with retail and commercial banking plus wealth management. Overlaps PFIS's NY/PA geography and community-bank business model.
• CNB Financial Corporation: Pennsylvania-based community bank holding company (CCNE) operating retail and commercial banking across central/northern PA. Closely aligned business mix, geography, and community-bank orientation.

Broad incumbents

• WSFS Financial Corporation: Larger Mid-Atlantic regional bank holding company (WSFS) headquartered in Delaware with branches across PA, NJ, DE and VA. Larger-scaled incumbent operating in adjacent markets with overlapping customer segments and similar product set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peoples Financial Service