8-K/A filed September 16, 2024, 7:59 PM ET ticker PFIS CIK 0001056943

M&A confidence high sentiment neutral materiality 0.65

Peoples files pro forma financials for FNCB merger; $133.7M purchase price, $15.1M goodwill

PEOPLES FINANCIAL SERVICES CORP.

Total purchase price $133.7M using 0.146x exchange ratio and Peoples stock at $45.54.
Pro forma combined total assets $5.3B as of March 31, 2024.
Pro forma Q1 2024 net income $10.9M; basic EPS $1.10.
Includes $241.5M balance sheet restructuring: securities sale, FHLB payoff, federal funds.
Goodwill of $15.1M recorded from the merger.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.