Core Viewpoint - Peoples Financial Corporation reported a significant decrease in net income for both the fourth quarter and the full year of 2025 compared to 2024, primarily due to lower interest income and the absence of a prior year tax benefit [1][4][5]. Financial Performance - Net income for Q4 2025 was $716,000, down from $1,528,000 in Q4 2024, resulting in earnings per share of $0.16 compared to $0.33 in the previous year [2][18]. - For the full year 2025, net income decreased to $3,911,000 from $21,703,000 in 2024, with earnings per share dropping to $0.85 from $4.66 [4][18]. Revenue and Expenses - Total interest income for Q4 2025 decreased by $1,071,000 to $6,569,000, while total interest expense decreased by $134,000 to $1,930,000 [3][18]. - For the year ended 2025, total interest income fell by $4,592,000 to $28,502,000, and total interest expense decreased by $1,496,000 to $8,147,000 [5][18]. Asset Quality and Equity - Total shareholders' equity increased by $10,666,000 to $100,667,000 as of December 31, 2025, partly due to earnings and a reduction in unrealized losses on securities [9][22]. - The company reported unrealized losses on available-for-sale securities of $28,929,000 as of December 31, 2025, down from $38,006,000 in 2024, attributed to higher interest rates affecting market values [9][22]. Liquidity and Deposits - Total deposits decreased by $116,301,000 to $604,429,000 as of December 31, 2025, primarily due to the loss of large public fund deposits [12][22]. - The bank's leverage ratio remained strong at 15.76% as of December 31, 2025, unaffected by unrealized losses due to a prior opt-out election [10][22]. Operational Insights - The company maintains a well-capitalized balance sheet with strong capital and liquidity, providing a full range of banking services in local markets [11]. - The bank's leadership is focused on maintaining high-quality assets and monitoring economic conditions closely [8].

Core Insights - First Commonwealth Financial reported a core EPS of $0.43 for Q4 2025, exceeding consensus estimates, with a net interest margin (NIM) of 3.98% and a core return on assets (ROA) of 1.45% [4][7] - The company anticipates a short-term dip in NIM of 5 to 10 basis points in Q1 2026, followed by gradual improvement to around 4% by the end of 2026 [1][7] Financial Performance - Spread income increased by $2.1 million from the prior quarter, primarily due to a 6 basis point rise in NIM, with earning-asset yields up 3 basis points and funding costs down 3 basis points [2] - Average deposits rose by 2.8% and total loans increased by 1.2% during the quarter, attributed to seasonal factors and larger commercial loan payoffs [3] Loan and Deposit Metrics - The bank designated approximately $225 million in commercial loans as held for sale, primarily from the Philadelphia market, with plans to reinvest proceeds into lower-yielding securities [9][10] - Deposit costs fell by 1 basis point to 1.83%, supporting the expansion of net interest income [3] Credit Quality - Non-performing loans (NPLs) rose to 94 basis points, totaling approximately $98 million, with reserves at 1.32% [6][13] - The provision for credit losses decreased to $7 million, down $4.3 million from the prior quarter, as the dealer floor plan credit issue neared resolution [12][14] Capital Management - The company repurchased $23.1 million of stock in Q4 2025, with an additional $25 million authorized for buybacks, funded by excess capital generation [17] - Core non-interest expenses increased by $1.7 million to $74.3 million, primarily due to salaries and benefits [16] Leadership Changes - Bank President and Chief Revenue Officer Jane Grebenc will retire at the end of March, marking a significant leadership transition [18]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported net earnings of $55 million or $0.40 per share, an increase from $52.6 million or $0.38 per share in Q3 2025 and $50.9 million or $0.36 per share in Q4 2024 [3][4] - The return on average tangible common equity was 14.4% and return on average assets was 1.40% for Q4 2025 [3] - Pre-tax income increased by $5.4 million quarter-over-quarter and $6.3 million year-over-year [4] Business Line Data and Key Metrics Changes - Net interest income grew by $7 million, or 6%, from Q3 2025 and by $12.2 million, or 11%, from Q4 2024 [4] - Non-interest income was $11.2 million in Q4 2025, which was $1.8 million lower than Q3 2025 and $1.9 million lower than Q4 2024 [5] - Total loans increased to $8.7 billion, a $228 million, or 2.7%, increase from Q3 2025 and a $163 million, or 2%, increase from the end of 2024 [6][7] Market Data and Key Metrics Changes - Average total deposits were $12.6 billion in Q4 2025, compared to $12.5 billion in Q3 2025 [9] - Non-interest-bearing deposits declined by $122 million compared to Q3 2025, while interest-bearing non-maturity deposits grew by $234 million [9][10] - The cost of deposits decreased to 86 basis points in Q4 2025 from 90 basis points in Q3 2025 [10] Company Strategy and Development Direction - The company is focused on maintaining profitability and has a strong commitment to its mission of serving small to medium-sized businesses [96] - The pending merger with Heritage Bank of Commerce is expected to close in Q2 2026, with integration plans already underway [27][66] - The company aims to leverage the merger to enhance its product offerings and expand into new markets [87] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for 2026, citing strong loan pipelines and positive customer sentiment [26] - The economic forecast indicates modest growth, with real GDP expected to remain below 1.5% through 2027 [14] - The company is prepared for competitive pressures in the loan market but remains committed to maintaining credit quality [40] Other Important Information - The company incurred $1.6 million in one-time merger-related expenses during Q4 2025 [17] - The allowance for credit losses was $77 million, or 0.89% of gross loans, reflecting a decrease from the previous quarter [12] - The company repurchased 1.96 million shares at an average price of $18.80 during Q4 2025 [16] Q&A Session Summary Question: Non-interest-bearing deposits and customer behavior - Management indicated that the decline in non-interest-bearing deposits was due to normal seasonality and not a significant behavioral change among customers [22][23] Question: Non-dairy and livestock loan growth sustainability - Management noted that loan pipelines remain strong and expressed optimism about stable loan growth moving forward [24][26] Question: Update on the Heritage Bank deal - Management confirmed that the merger is progressing well and is on track for a Q2 2026 close [27] Question: Competitive landscape for deposits - Management stated that they are winning deposit business primarily from operating companies and are not focused on attracting customers with the highest rates [33][35] Question: Loan modifications and outlook for loan growth - Management explained that loan modifications can occur for various reasons, but the overall impact on the loan portfolio remains minimal [85]

BERRYVILLE, Va., Jan. 21, 2026 /PRNewswire/ -- Eagle Financial Services, Inc. (NASDAQ: EFSI) (the Company), the holding company for Bank of Clarke, declared a regular cash dividend on January 21, 2026, of $0.31 per common share payable February 13, 2026, to shareholders of record on February 2, 2026. Eagle Financial Services, Inc. will release its financial results for the quarter and year ended December 31, 2025, after the market closes on January 26, 2026. The Company will also host a listen-only confere ...

Core Viewpoint - Hancock Whitney Corporation has authorized a new stock buyback program allowing the purchase of up to 5% of its outstanding common stock, replacing the previous program that was fully utilized in Q4 2025 [1][2]. Group 1: Stock Buyback Program Details - The new Stock Buyback Program is effective from January 1, 2026, and will expire on December 31, 2026 [2]. - The company may repurchase shares through various methods including open market purchases, block purchases, accelerated share repurchase plans, and privately negotiated transactions, depending on market conditions [2]. - The Board of Directors retains the right to terminate or amend the Stock Buyback Program at any time before the expiration date [2]. Group 2: Company Background - Hancock Whitney has a long-standing history since the late 1800s, emphasizing core values such as Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility [3]. - The company provides a wide range of financial products and services across multiple states, including traditional and online banking, commercial and small business banking, private banking, trust and investment services, healthcare banking, and mortgage services [3]. - Hancock Whitney operates combined loan and deposit production offices in metropolitan areas such as Nashville, Tennessee, and Atlanta, Georgia [3].

Core Viewpoint - Peoples Financial Corporation has declared a regular semi-annual cash dividend of $0.18 per common share, payable on December 12, 2025, to shareholders of record as of December 8, 2025 [1][2]. Company Overview - Founded in 1896, Peoples Financial Corporation has total assets of $758 million as of September 30, 2025, and operates 18 bank facilities along the Mississippi Gulf Coast [3]. - The Peoples Bank offers a comprehensive range of retail and commercial banking services, along with trust and investment services since 1936 [3]. Stock Information - Peoples Financial Corporation's common stock is listed on the OTCQX Best Market under the symbol PFBX [4].

Core Insights - Zahid Afzal, a board member of WesBanco, purchased 3,321 shares on October 30, 2025, indicating confidence in the company's stock performance [1][9] - The transaction represents a 33.54% increase in Mr. Afzal's direct holdings, raising them from 9,902 to 13,223 shares [3] - The purchase was valued at approximately $100,000, bringing the total market value of his direct holdings to around $398,000 [2][4] Transaction Details - The shares were acquired at a weighted average price of $30.11, close to the closing price of $30.10 on October 31, 2025 [6] - This acquisition is the largest individual open-market transaction disclosed by Mr. Afzal to date [3] - The increase in direct ownership reflects an expansion of holdings rather than a reallocation among existing shares [5] Company Performance - WesBanco reported a net income of $81 million for Q3 2025, significantly up from $34.7 million in the previous year, resulting in diluted earnings per share of $0.84 compared to $0.54 in 2024 [10] - The company has seen a 54% year-over-year increase in deposits, totaling $21.3 billion, attributed to the acquisition of Premier Financial Corp. and organic growth [11] - Despite facing short-term challenges from the acquisition, WesBanco is expected to emerge as a stronger financial institution in the long run [12] Company Overview - WesBanco operates as a regional financial institution with a diversified product portfolio, including community banking and trust/investment services [8] - The company generates revenue from various sources, including loans, deposits, trust, brokerage, and insurance operations [8] - As of the latest report, WesBanco's revenue for the trailing twelve months (TTM) stands at $762.17 million, with a net income of $125.20 million and a dividend yield of 4.79% [7]

Core Points - Peoples Bancorp Inc. reported a net income of $29.5 million for Q3 2025, with earnings per diluted common share of $0.83, an increase from $21.2 million and $0.59 in Q2 2025, but a slight decrease from $31.7 million and $0.89 in Q3 2024 [1][2] Financial Performance - Net interest income for Q3 2025 was $91.3 million, up $3.8 million or 4% from the previous quarter, with a net interest margin of 4.16%, slightly higher than 4.15% in Q2 2025 [4][13] - Compared to Q3 2024, net interest income increased by $2.4 million or 3%, while net interest margin decreased by 11 basis points [5] - Accretion income for Q3 2025 was $1.7 million, down from $2.6 million in Q2 2025 and $8.1 million in Q3 2024, impacting net interest margin [6][8] Credit Losses - The provision for credit losses was $7.3 million in Q3 2025, significantly lower than $16.6 million in Q2 2025 and slightly higher than $6.7 million in Q3 2024 [9][11] - For the first nine months of 2025, the provision for credit losses totaled $34.1 million, compared to $18.5 million in the same period of 2024 [10] Non-Interest Income and Expenses - Total non-interest income, excluding net gains and losses, decreased by $0.3 million or 1% in Q3 2025 compared to Q2 2025, primarily due to a decrease in lease income [16] - Total non-interest expense decreased by $0.5 million in Q3 2025 compared to the linked quarter, driven by lower professional service costs [19] Asset Quality - Key asset quality metrics improved, with 99.0% of the loan portfolio considered current as of September 30, 2025 [32] - Nonperforming assets decreased by $1.8 million or 4% compared to Q2 2025 and by $25.0 million or 36% compared to Q3 2024 [32] Loans and Deposits - Total loan and lease balances increased by $127.1 million or 8% annualized from Q2 2025, driven by growth in commercial real estate and industrial loans [27] - Total deposits decreased by $5.0 million compared to Q2 2025, with customer deposits increasing by $19.5 million [37] Stockholders' Equity - Total stockholders' equity increased by $29.4 million or 3% compared to Q2 2025, primarily due to net income and a decrease in accumulated other comprehensive loss [43]

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence [1] - The service includes daily updates on Zacks Rank, Zacks Industry Rank, and various stock research reports [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank [3] - Stocks are rated from A to F, with A indicating the highest potential for market outperformance [4] Value Score - The Value Score identifies attractive stocks using financial ratios like P/E and Price/Sales, focusing on undervalued opportunities [4] Growth Score - The Growth Score assesses a company's financial health and future outlook, emphasizing long-term sustainable growth [5] Momentum Score - The Momentum Score helps investors capitalize on price trends, utilizing recent price changes and earnings estimate shifts [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive assessment of stocks based on value, growth, and momentum [7] Zacks Rank - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks averaging a +23.64% annual return since 1988 [8] - There are over 800 stocks rated 1 or 2, making it essential to use Style Scores for selection [9] Stock to Watch: Webster Financial (WBS) - Webster Financial Corporation is rated 3 (Hold) with a VGM Score of B, providing various banking and financial services [12] - The stock has a Momentum Style Score of B, with a 7% increase in shares over the past four weeks [13] - Analysts have raised earnings estimates for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.17 to $5.86 per share [13]

Core Points - Peoples Bancorp Inc. reported a net income of $21.2 million for Q2 2025, down from $24.3 million in Q1 2025 and $29.0 million in Q2 2024, resulting in diluted earnings per share of $0.59 [1][57] - The company experienced strong annualized loan growth and net interest margin expansion, with a net interest margin of 4.15% for Q2 2025, up from 4.12% in the previous quarter [2][10] - The provision for credit losses increased significantly to $16.6 million in Q2 2025, compared to $10.2 million in Q1 2025 and $5.7 million in Q2 2024, primarily due to net charge-offs and increased reserves [9][11] Financial Performance - Net interest income for Q2 2025 was $87.6 million, an increase of $2.3 million from the previous quarter and $1.0 million from Q2 2024 [4][5] - Total non-interest income, excluding net gains and losses, decreased by $0.3 million, or 1%, compared to the linked quarter, primarily due to a decrease in insurance income [10][16] - Total non-interest expense decreased by $0.4 million compared to the linked quarter, driven by lower salaries and employee benefit costs [19][20] Asset Quality - Key asset quality metrics remained stable, with delinquency trends improving as loans considered current comprised 99.1% of the loan portfolio [33] - Criticized loans increased by $17.9 million, or 8%, compared to the previous quarter, driven by the downgrade of one commercial relationship [34] - The allowance for credit losses increased to $9.4 million compared to the previous quarter, with a ratio of 1.13% of total loans [37] Loans and Deposits - Total loan and lease balances increased by $173.1 million, or 11% annualized, compared to the previous quarter, driven by growth in commercial and industrial loans and residential real estate loans [28][29] - Total deposits decreased by $97.5 million compared to the previous quarter, primarily due to decreases in governmental deposit accounts and money market deposits [38][39] - Retail deposit balances represented 78% of total deposits as of June 30, 2025, consistent with previous periods [41] Stockholders' Equity - Total stockholders' equity increased by $15.5 million, or 1%, compared to the previous quarter, driven by net income and a decrease in accumulated other comprehensive loss [44][45] - The book value per common share was $32.33 as of June 30, 2025, reflecting an increase from previous periods [57]