Penns Woods: 3Q Earnings Snapshot
WILLIAMSPORT, Pa. (AP) _ Penns Woods Bancorp Inc. (PWOD) on Friday reported third-quarter earnings of $3.8 million.
The bank, based in Williamsport, Pennsylvania, said it had earnings of 82 cents per share.
The holding company for Jersey Shore State Bank and Luzerne Bank posted revenue of $17.8 million in the period. Its revenue net of interest expense was $14.8 million, exceeding Street forecasts.
Penns Woods shares have dropped 13 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $40.50, a decrease of 17 percent in the last 12 months.