earnings
confidence high
sentiment negative
materiality 0.60
Peoples Financial Q2 net income down 28% to $897K; EPS $0.19 vs $0.27
PEOPLES FINANCIAL CORP /MS/
- Net income $897K, down $345K YoY; EPS $0.19 vs $0.27.
- Net interest income fell $553K to $4.9M on lower securities/fed funds income.
- Efficiency ratio worsened to 80% from 78%; ROAA slipped to 0.63%.
- Unrealized losses on AFS securities rose to $29.4M; leverage ratio 15.22%.
- Total deposits up $5.3M to $609.8M; total assets $771M.