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Financial Performance of Peoples Ltd. for 2025

Peoples Ltd., a well-known holding company for PS Bank, has reported its robust financial results for the fourth quarter and the entire fiscal year of 2025. As conveyed by Anthony J. Gabello, the President and CEO, this year marked a significant achievement, characterized by substantial increases in net income and overall asset growth.

Q4 Financial Highlights

For the quarter ending December 31, 2025, the net income reached approximately $2.8 million, representing a remarkable growth of 45.4% compared to the $1.9 million from the same quarter the previous year. This quarter’s earnings per share (EPS) climbed to $1.55, a sharp rise from the $1.06 per share noted in Q4 of 2024. Gabello attributes this surge to judicious financial strategies and effective management practices that have positively impacted the company's performance.

Annual Performance Overview

When looking at the full year results, the total net income for 2025 was around $10.1 million, translating to an EPS of $5.59. This figure depicts a 40.1% increase from the previous year's net income of $7.2 million, which equated to $3.99 per share. Notably, this year's figures include a one-time income of $553,000 derived from life insurance proceeds, recognized in the third quarter. Excluding this windfall, the year-on-year growth in net income was still commendable, at around 32.5%.

Asset and Deposit Growth

Peoples Ltd. also noted substantial improvements in the company's asset base. By the conclusion of 2025, total assets swelled to $641.9 million, an increase of 10.3% or about $59.9 million from year-end 2024. Total deposits saw a significant uptick of 9.6%, amounting to $559.8 million. Furthermore, net loans experienced growth of 10.7%, reaching $413.8 million as of year-end, illustrating the bank's commitment to lending and supporting community development.

CEO’s Insights and Strategic Directions

In his statement, Gabello praised the company's strategic decisions that led to enhanced net interest income, which more than compensated for heightened operational costs, including salaries. He highlighted that the successful opening of the Keyser Village Office in Scranton has exceeded expectations and served as a growth catalyst in the Lackawanna County region. Looking ahead to 2026, Gabello emphasized the company's dedication to outstanding banking services for their shareholders, customers, and communities.

Market Position and Future Outlook

Peoples Ltd., traded under the OTC symbol PPLL, continues to define its niche as an independent community bank. Established in 1914, PS Bank operates across multiple counties, catering to a diverse customer base. The solid performance during 2025 reflects not only effective financial management but also strategic community engagement and service commitment, particularly as they embark on new initiatives for the upcoming year. In a sector characterized by competitive pressures, Peoples Ltd. is poised for continued growth, leveraging its strengths in customer service and community integration.

In conclusion, the financial results unequivocally illustrate Peoples Ltd.'s forward momentum and its robust position as a financial institution dedicated to both profitability and community service.