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Stock impact report

PEOPLES FINANCIAL CORPORATION REPORTS RESULTS FOR 2023, THE THIRD BEST YEAR OF EARNINGS EVER, AND SETS DATE FOR ANNUAL MEETING [Yahoo! Finance]

PEOPLES FINCL CORP MISS (PFBX) 
Company Research Source: Yahoo! Finance
Bank (the "Bank"), announced earnings for 2023 and the fourth quarter ending December 31 , 2023. The Company also announced that its 2024 annual meeting of shareholders will take place on April 24, 2024 Earnings Net income for the fourth quarter of 2023 was compared to net income of for the fourth quarter of 2022. The earnings per weighted average common share for the fourth quarter of 2023 were compared to earnings per weighted average common share of for the fourth quarter of 2022. Per share figures are based on weighted average common shares outstanding of 4,666,349 and 4,678,186 for the fourth quarters of 2023 and 2022, respectively. The decrease in net income for the fourth quarter of 2023 as compared with the fourth quarter of 2022 was primarily due to a nonrecurring deferred tax benefit in the amount of recognized during the fourth quarter of 2022. There was also a decrease in net interest income of to for the fourth quarter of 2023 as compared with for the fourth quarter o Show less Read more
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