PEOPLES FINANCIAL CORPORATION REPORTS RESULTS FOR THE THIRD QUARTER OF 2023 AND ANNOUNCES A 50% INCREASE IN REGULAR CASH DIVIDENDS AND THE PAYMENT OF A SPECIAL DIVIDEND
BILOXI, Miss., Oct. 27, 2023 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank (the "Bank"), announced earnings for the third quarter ending September 30, 2023.
- BILOXI, Miss., Oct. 27, 2023 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank (the "Bank"), announced earnings for the third quarter ending September 30, 2023.
- Net income for the third quarter of 2023 was $1,910,000 compared to net income of $1,786,000 for the third quarter of 2022.
- The earnings per weighted average common share for the third quarter of 2023 were $0.41 compared to earnings per weighted average common share of $0.38 for the third quarter of 2022.
- Per share figures are based on weighted average common shares outstanding of 4,677,827 and 4,678,186 for the third quarters of 2023 and 2022, respectively.