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Stock impact report

Peoples Financial Corporation Reports Results for the First Quarter of 2025 [Yahoo! Finance]

PEOPLES FINCL CORP MISS (PFBX) 
Company Research Source: Yahoo! Finance
First Quarter Earnings Net income for the first quarter of 2025 decreased $1,105,000 to $1,310,000 compared to net income of $2,415,000 for the first quarter of 2024. The earnings per weighted average common share for the first quarter of 2025 were $0.28 compared to earnings per weighted average common share of $0.52 for the first quarter of 2024. Per share figures are based on weighted average common shares outstanding of 4,617,466 and 4,661,686 for the first quarters of 2025 and 2024, respectively. The decrease in net income for the first quarter of 2025 was primarily due to a decrease in net interest income of $1,025,000 to $5,668,000 for the first quarter of 2025 compared with $6,693,000 for the first quarter of 2024. Total interest income decreased by $1,370,000 to $7,559,000 for the first quarter of 2025 as compared with $8,929,000 for the first quarter of 2024 due to lower interest income on securities caused by a decrease in balances and yields. Total interest expense dec Show less Read more
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