Penns Woods Bancorp, Inc. Reports First Quarter 2025 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 25 2025
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Source: Globenewswire
Financial Performance: Penns Woods Bancorp, Inc. reported a net income of $7.4 million for Q1 2025, significantly up from $3.8 million in the same period last year, with earnings per share increasing to $0.97 and $0.95 diluted. The growth was attributed to a rise in net interest income and a recovery on a commercial loan.
Asset and Deposit Growth: Total assets rose to $2.3 billion, with net loans increasing by $43.3 million, while deposits grew by $105.4 million to $1.7 billion. The bank also saw an increase in non-performing loans, but maintained a strong allowance for credit losses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
