Peoples Financial Expert services Corp. Declares First Quarter 2021 Dividend

SCRANTON, Pa., Jan. 29, 2021 /PRNewswire/ — The Board of Administrators of Peoples Fiscal Companies Corp. (NASDAQ: PFIS) declared a very first quarter dividend of $.37 per share. The $.37 dividend represents a 2.8% increase over the dividend declared in the fourth quarter of 2020. The dividend is payable March 15, 2021 to shareholders of document February 26, 2021.

Peoples Fiscal Companies Corp. (the “Enterprise”) is the mother or father corporation of Peoples Safety Lender and Trust Firm (the “Financial institution”), an impartial group financial institution serving its retail and business consumers as a result of twenty-six complete-services group banking workplaces situated within the Bucks, Lackawanna, Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, and Wyoming Counties in Pennsylvania and Broome County in New York. Each and every office environment, interdependent with the neighborhood, provides a extensive array of economical products and solutions and products and services to individuals, enterprises, not-for-revenue corporations and govt entities. The Company’s company philosophy consists of providing immediate entry to senior management and other officers and giving friendly, educated and courteous services, neighborhood and timely.

Risk-free Harbor Ahead-Seeking Statements:

We make statements in this press release, and we may perhaps from time to time make other statements relating to our outlook or expectations for upcoming money or running effects and/or other matters relating to or affecting Peoples Economical Expert services Corp., Peoples Protection Financial institution and Trust Business, and its subsidiaries (collectively, “Peoples”) that are regarded “ahead-hunting statements” as outlined in Area 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Exchange Act of 1934, as amended. These ahead-looking statements may well be recognized by the use of these types of words as “consider,” “hope,” “anticipate,” “need to,” “prepared,” “approximated,” “intend” and “probable.” For these statements, Peoples claims the defense of the statutory risk-free harbors for forward-hunting statements.

Peoples cautions you that a variety of vital aspects could result in true benefits to vary materially from those currently predicted in any ahead-on the lookout statement. These kinds of variables involve, but are not constrained to: prevailing economic and political circumstances, notably in our market place space the unfolding COVID-19 disaster and the governmental responses to the disaster: credit risk connected with our lending things to do adjustments in curiosity premiums, mortgage desire, real estate values and competitors adjustments in accounting principles, guidelines, and pointers modifications in any relevant legislation, rule, regulation or observe with regard to tax or legal concerns our means to identify and deal with cyber-stability pitfalls and other financial, competitive, governmental, regulatory and technological factors influencing Peoples’ functions, pricing, goods and services and other things that may be described in Peoples’ Annual Reports on Sort 10-K and Quarterly Stories on Sort 10-Q as submitted with the Securities and Trade Fee from time to time.

In addition to these risks, acquisitions and enterprise combos, existing challenges other than people introduced by the mother nature of the business enterprise obtained. Acquisitions and small business mixtures may perhaps be substantially extra costly to comprehensive than originally predicted, and the anticipated benefits may possibly be drastically tougher-or choose for a longer period-to realize than envisioned. As regulated financial institutions, our pursuit of beautiful acquisition and business blend alternatives could be negatively impacted by regulatory delays or other regulatory concerns. Regulatory and/or legal troubles similar to the pre-acquisition operations of an acquired or put together organization might induce reputational hurt to Peoples subsequent the acquisition or blend, and integration of the obtained or combined small business with ours could result in added potential costs arising as a end result of those challenges.

The ahead-hunting statements are designed as of the date of this launch, and, except as may be essential by relevant law or regulation, Peoples assumes no obligation to update the forward-on the lookout statements or to update the reasons why true final results could vary from those people projected in the forward-hunting statements.

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