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Penns Woods: 4Q Earnings Snapshot

January 28, 2019

WILLIAMSPORT, Pa. (AP) _ Penns Woods Bancorp Inc. (PWOD) on Monday reported net income of $4.2 million in its fourth quarter.

The Williamsport, Pennsylvania-based bank said it had earnings of 89 cents per share.

The holding company for Jersey Shore State Bank and Luzerne Bank posted revenue of $18.7 million in the period. Its revenue net of interest expense was $15.1 million, which beat Street forecasts.

For the year, the company reported profit of $14.7 million, or $3.14 per share. Revenue was reported as $57.3 million.

Penns Woods shares have dropped 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.14, a decrease of 18 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PWOD at https://www.zacks.com/ap/PWOD

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