Brief: Penns Woods Bancorp Posts Qtrly Profit of $0.77 per Share

Penns Woods Bancorp

29/01/2024 16:12

Jan 29 (Reuters) - Penns Woods Bancorp Inc  PWOD.O :
    * PENNS WOODS BANCORP INC - QTRLY  EARNINGS PER SHARE $0.77
    * PENNS WOODS BANCORP INC - QTRLY PROVISION FOR CREDIT
LOSSES WAS
A RECOVERY OF $1.7 MILLION
    * PENNS WOODS BANCORP INC -  DEPOSITS INCREASED $33.0
MILLION TO
$1.6 BILLION AT DECEMBER 31, 2023
    * PENNS WOODS BANCORP- QTRLY INTEREST EXPENSE INCREASED
SIGNIFICANTLY DUE TO VELOCITY, MAGNITUDE OF RATE INCREASES BY
FEDERAL OPEN MARKET COMMITTEE

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