Penns Woods Bancorp First Quarter 2024 Earnings: EPS: US$0.51 (vs US$0.66 in 1Q 2023)

Penns Woods Bancorp (NASDAQ:PWOD) First Quarter 2024 Results

Key Financial Results

• Revenue: US$16.1m (down 2.5% from 1Q 2023).

• Net income: US$3.81m (down 18% from 1Q 2023).

• Profit margin: 24% (down from 28% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.

• EPS: US$0.51 (down from US$0.66 in 1Q 2023).

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Penns Woods Bancorp shares are up 1.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Penns Woods Bancorp that you need to be mindful of.

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