---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000368"
form_type: "8-K"
ticker: "PFBX"
cik: "0000770460"
company_name: "PEOPLES FINANCIAL CORP /MS/"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T17:41:09.836025+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial Q4 net income down 11% YoY to $1.528M; announces new buyback plan, annual meeting date

## Summary
- Q4 2024 net income $1.528M ($0.33 EPS) vs $1.723M ($0.37 EPS) in Q4 2023, driven by higher noninterest expense and interest expense.
- Full-year 2024 net income $21.703M ($4.66 EPS) includes $15.194M one-time tax benefit from reversal of valuation allowance; pre-tax income fell to $8.380M from $11.287M.
- New stock repurchase program: up to 40,000 shares or $750,000 aggregate price, expiring Dec 31, 2025; prior $1M plan repurchased 44,220 shares.
- Annual meeting of shareholders scheduled for April 23, 2025; common shares outstanding 4,617,466 as of Dec 31, 2024.
- Bank leverage ratio remained strong at 13.95%; shareholders' equity increased to $90.0M from $69.3M.

## SEC filing metadata
- accession: 0001558370-25-000368
- form_type: 8-K
- ticker: PFBX
- cik: 0000770460
- company_name: PEOPLES FINANCIAL CORP /MS/
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/770460/000155837025000368/0001558370-25-000368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/770460/000155837025000368/pfbx-20250123x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000368
- JSON: https://secwatch.observer/filing/0001558370-25-000368.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000368.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.