Penns Woods Bancorp (NASDAQ:PWOD) Releases Quarterly Earnings Results

Penns Woods Bancorp (NASDAQ:PWOD) released its quarterly earnings results on Wednesday. The financial services provider reported $0.57 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 Trading Down 0.3 %

NASDAQ PWOD traded down $0.08 during mid-day trading on Friday, reaching $30.42. 2,548 shares of the stock were exchanged, 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 business’s fifty day simple moving average is $31.24 and its 200 day simple moving average is $26.59. The stock has a market capitalization of $229.37 million, a PE ratio of 12.89 and a beta of 0.48. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09.

Penns Woods Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, December 10th. This represents a $1.28 dividend on an annualized basis and a yield of 4.21%. Penns Woods Bancorp’s dividend payout ratio (DPR) is currently 54.24%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Penns Woods Bancorp in a research report on Tuesday. They issued a “hold” rating on the stock.

About Penns Woods Bancorp

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.