Peoples Financial Corporation Reports Third Quarter 2026 Results and Announces a 5.6% Increase in Its Regular Semi-Annual Dividend, From $0.18 to $0.19 per Common Share
Key Highlights
- ➤Q3 net income rose 74% to $1.116 million, or $0.24 per share
- ➤Regular semi-annual dividend increased 5.6% to $0.19 per share
- ➤Q3 net interest income increased $560,000 to $5.136 million
- ➤Deposits increased $41.722 million to $646.151 million by September 30
- ➤Unrealized securities losses rose $5.053 million amid higher interest rates
Expert Statements
Chevis C. Swetman, Chairman and Chief Executive Officer of Peoples Financial Corporation and The Peoples Bank
“The Bank’s leadership remains committed to maintaining high asset quality. We continue to monitor economic conditions closely, including interest-rate changes. Significant loan growth during the nine months ended September 30, 2026, reflects the strength of our markets, the effectiveness of our lending team, and our ability to expand earning assets while preserving credit quality.”
BILOXI, Miss., Oct. 28, 2026 (GLOBE NEWSWIRE) -- 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, 2026 and the declaration of a 5.6% increase of its regular semi-annual cash dividend from $0.18 to $0.19 per common share payable on November 13, 2026, to shareholders of record as of November 10, 2026.
Third Quarter Earnings Net income for the third quarter of 2026 increased $473,000 to $1,116,000 compared to net income of $643,000 for the third quarter of 2025. The earnings per weighted average common share for the third quarter of 2026 were $0.24 compared to earnings per weighted average common share of $0.14 for the third quarter of 2025. Per share figures are based on weighted average common shares outstanding of 4,617,466 for the third quarters of 2026 and 2025, respectively.
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