earnings
confidence high
sentiment negative
materiality 0.65
Peoples Financial Q2 net income falls 20% to $0.50 EPS on higher deposit costs
PEOPLES FINANCIAL CORP /MS/
2025-Q2 EPS reported
$1.02
- Net income $2.33M vs $2.91M in Q2 2023; EPS $0.50 vs $0.62.
- Net interest income fell $1.3M to $5.9M as interest expense surged 93% to $2.79M.
- Income tax benefit of $229K vs $811K expense due to release of valuation allowance on tax credits.
- Deposits down $13.6M from year-end to $674.9M due to loss of public fund accounts in bids.
- Unrealized losses on AFS securities improved to $38.9M from $43.5M; leverage ratio 11.84%.