Peoples Ltd. Announces First Quarter Results
Peoples (OTC: PPLL) reported strong Q1 2025 financial results, with consolidated net income reaching $2,068,000 ($2.40 per share), marking a 25.46% increase from Q1 2024's $1,649,000 ($1.91 per share). The improvement was driven by higher net interest income from solid loan growth, loan repricings, and controlled interest expenses.
Key metrics include:
- Total assets grew 2.89% to $598.77M
- Deposits increased 2.89% to $525.39M
- Net loans rose 5.38% to $399.82M
- Return on assets improved to 1.43% from 1.25%
- Return on equity reached 14.90% vs 13.56% prior year
The bank maintained a loans-to-deposits ratio of 77.15% and expanded its presence with a new Scranton branch opening in Lackawanna County.
Peoples (OTC: PPLL) ha riportato solidi risultati finanziari nel primo trimestre 2025, con un utile netto consolidato che ha raggiunto 2.068.000 $ (2,40 $ per azione), segnando un aumento del 25,46% rispetto ai 1.649.000 $ (1,91 $ per azione) del primo trimestre 2024. Il miglioramento è stato guidato da un aumento del reddito netto da interessi, grazie a una solida crescita dei prestiti, rinegoziazioni dei tassi e costi di interesse sotto controllo.
Le principali metriche includono:
- Attivi totali cresciuti del 2,89% a 598,77 milioni di $
- Depositi aumentati del 2,89% a 525,39 milioni di $
- Prestiti netti saliti del 5,38% a 399,82 milioni di $
- Rendimento degli attivi migliorato all'1,43% dall'1,25%
- Rendimento del capitale proprio raggiunto al 14,90% rispetto al 13,56% dell'anno precedente
Banca ha mantenuto un rapporto prestiti/depositi del 77,15% ed ha ampliato la sua presenza con l'apertura di una nuova filiale a Scranton, nella contea di Lackawanna.
Peoples (OTC: PPLL) reportó sólidos resultados financieros en el primer trimestre de 2025, con un ingreso neto consolidado de 2.068.000 $ (2,40 $ por acción), lo que representa un aumento del 25,46% respecto a los 1.649.000 $ (1,91 $ por acción) del primer trimestre de 2024. La mejora se debió a mayores ingresos netos por intereses, impulsados por un sólido crecimiento de préstamos, reajustes en las tasas y gastos de intereses controlados.
Las métricas clave incluyen:
- Los activos totales crecieron un 2,89% hasta 598,77 millones de $
- Los depósitos aumentaron un 2,89% hasta 525,39 millones de $
- Los préstamos netos subieron un 5,38% hasta 399,82 millones de $
- El retorno sobre activos mejoró al 1,43% desde 1,25%
- El retorno sobre el capital alcanzó el 14,90% frente al 13,56% del año anterior
El banco mantuvo una ratio préstamos/depósitos del 77,15% y amplió su presencia con la apertura de una nueva sucursal en Scranton, condado de Lackawanna.
Peoples (OTC: PPLL)는 2025년 1분기 강력한 재무 실적을 보고했으며, 연결 순이익은 2,068,000달러(주당 2.40달러)에 달해 2024년 1분기 1,649,000달러(주당 1.91달러) 대비 25.46% 증가했습니다. 이 성장은 견고한 대출 성장, 대출 금리 재조정, 그리고 통제된 이자 비용으로 인한 순이자수익 증가에 기인합니다.
주요 지표는 다음과 같습니다:
- 총자산은 2.89% 증가한 5억 9,877만 달러
- 예금은 2.89% 증가한 5억 2,539만 달러
- 순대출금은 5.38% 증가한 3억 9,982만 달러
- 총자산수익률(ROA)은 1.25%에서 1.43%로 개선
- 자기자본수익률(ROE)은 전년 13.56%에서 14.90%로 상승
은행은 대출 대비 예금 비율을 77.15%로 유지했으며, 래커와나 카운티의 스크랜턴에 새 지점을 개설하여 입지를 확장했습니다.
Peoples (OTC : PPLL) a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un bénéfice net consolidé atteignant 2 068 000 $ (2,40 $ par action), soit une augmentation de 25,46 % par rapport aux 1 649 000 $ (1,91 $ par action) du premier trimestre 2024. Cette amélioration a été portée par une hausse du revenu net d’intérêts grâce à une forte croissance des prêts, des réajustements tarifaires et des charges d’intérêts maîtrisées.
Les indicateurs clés comprennent :
- Les actifs totaux ont augmenté de 2,89 % pour atteindre 598,77 M$
- Les dépôts ont progressé de 2,89 % pour s’établir à 525,39 M$
- Les prêts nets ont crû de 5,38 % pour atteindre 399,82 M$
- Le rendement des actifs est passé de 1,25 % à 1,43 %
- Le rendement des capitaux propres a atteint 14,90 % contre 13,56 % l’année précédente
La banque a maintenu un ratio prêts/dépôts de 77,15 % et a renforcé sa présence avec l’ouverture d’une nouvelle agence à Scranton, dans le comté de Lackawanna.
Peoples (OTC: PPLL) meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem konsolidierten Nettogewinn von 2.068.000 $ (2,40 $ pro Aktie), was eine Steigerung von 25,46% gegenüber 1.649.000 $ (1,91 $ pro Aktie) im ersten Quartal 2024 darstellt. Die Verbesserung wurde durch höhere Nettozinserträge aufgrund eines soliden Kreditwachstums, Kreditpreisanpassungen und kontrollierter Zinsaufwendungen erzielt.
Wichtige Kennzahlen sind:
- Gesamtvermögen stieg um 2,89 % auf 598,77 Mio. $
- Einlagen erhöhten sich um 2,89 % auf 525,39 Mio. $
- Netto-Kredite stiegen um 5,38 % auf 399,82 Mio. $
- Rendite auf das Vermögen verbesserte sich von 1,25 % auf 1,43 %
- Eigenkapitalrendite erreichte 14,90 % gegenüber 13,56 % im Vorjahr
Die Bank hielt eine Kredite-zu-Einlagen-Quote von 77,15 % und erweiterte ihre Präsenz mit der Eröffnung einer neuen Filiale in Scranton, Lackawanna County.
- Net income increased 25.46% YoY to $2.068M in Q1 2025
- Earnings per share grew to $2.40 from $1.91 YoY
- Net loans increased 5.38% to $399.82M
- Return on assets improved to 1.43% from 1.25%
- Return on equity increased to 14.90% from 13.56%
- Geographic expansion with new Scranton branch opening
- Increased operating expenses in salaries and occupancy
- Higher loan loss provisions ($100,000 vs $35,000 YoY)
Consolidated net income year-to-date was
Year-to-date return on assets was
Total assets increased
"Our bank had another strong quarter of performance to start 2025, with net income up over
Note: This press release may contain forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.
Peoples Ltd. is the holding company for PS Bank. PS Bank is an independent community bank, established 1914, with locations throughout
View original content to download multimedia:https://www.prnewswire.com/news-releases/peoples-ltd-announces-first-quarter-results-302437364.html
SOURCE Peoples Ltd.
FAQ
What was Peoples (PPLL) earnings per share in Q1 2025?
How much did PPLL's net income grow in Q1 2025?
What is PPLL's loans-to-deposits ratio as of Q1 2025?
How much did PPLL's total assets grow in Q1 2025?
Where did PPLL open its new branch in Q1 2025?
