Quarterly ResultApr 22, 2026, 03:51 PM
Peoples Financial Q1 2026 Net Income Rises to $1.45M
AI Summary
Peoples Financial Corporation reported a significant increase in net income for the first quarter of 2026, rising to $1,446,000 from $1,310,000 in the prior year, an increase of $136,000. This improvement was primarily driven by a $99,000 increase in net interest income, reaching $5,767,000. Consequently, earnings per weighted average common share also saw a positive bump, climbing to $0.31 from $0.28 in the first quarter of 2025.
Key Highlights
- Net income for Q1 2026 increased $136,000 to $1,446,000.
- Net income rose from $1,310,000 in Q1 2025 to $1,446,000 in Q1 2026.
- Earnings per share increased to $0.31 in Q1 2026 from $0.28 in Q1 2025.
- Net interest income increased by $99,000 to $5,767,000.