Penns Woods Bancorp (NASDAQ:PWOD) Posts Earnings Results

Penns Woods Bancorp (NASDAQ:PWOD) released its quarterly earnings results on Wednesday. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, Zacks reports. Penns Woods Bancorp had a net margin of 14.87% and a return on equity of 9.26%.

Penns Woods Bancorp Stock Performance

Shares of NASDAQ PWOD traded down $0.08 during midday trading on Friday, hitting $30.42. The company’s stock had a trading volume of 2,548 shares, compared to its average volume of 17,600. Penns Woods Bancorp has a 1-year low of $17.01 and a 1-year high of $34.56. The firm’s fifty day moving average price is $31.24 and its 200-day moving average price is $26.59. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $229.37 million, a P/E ratio of 12.89 and a beta of 0.48.

Penns Woods Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.21%. The ex-dividend date was Tuesday, December 10th. Penns Woods Bancorp’s dividend payout ratio (DPR) is presently 54.24%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Penns Woods Bancorp in a report on Tuesday. They set a “hold” rating for the company.

Penns Woods Bancorp Company Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.