Peoples Monetary Providers Corp. Declares 1st Quarter 2021 Dividend
SCRANTON, Pa., Jan. 29, 2021 /PRNewswire/ — The Board of Directors of Peoples Economic Companies Corp. (NASDAQ: PFIS) declared a 1st quarter dividend of $.37 for every share. The $.37 dividend signifies a 2.8% boost around the dividend declared in the fourth quarter of 2020. The dividend is payable March 15, 2021 to shareholders of history February 26, 2021.
Peoples Monetary Companies Corp. (the “Organization”) is the mum or dad organization of Peoples Stability Bank and Have confidence in Business (the “Financial institution”), an unbiased community lender serving its retail and commercial clients by way of 20-6 whole-services group banking places of work situated in just the Bucks, Lackawanna, Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, and Wyoming Counties in Pennsylvania and Broome County in New York. Every business, interdependent with the community, presents a in depth array of financial items and providers to people, businesses, not-for-earnings businesses and government entities. The Firm’s business enterprise philosophy features presenting immediate entry to senior administration and other officers and delivering friendly, informed and courteous assistance, neighborhood and timely.
Harmless Harbor Forward-Searching Statements:
We make statements in this push launch, and we may well from time to time make other statements with regards to our outlook or anticipations for foreseeable future fiscal or operating results and/or other matters regarding or influencing Peoples Money Solutions Corp., Peoples Security Bank and Believe in Enterprise, and its subsidiaries (collectively, “Peoples”) that are regarded as “forward-wanting statements” as defined in Part 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Trade Act of 1934, as amended. These kinds of forward-seeking statements could be discovered by the use of such text as “believe,” “count on,” “foresee,” “should,” “prepared,” “estimated,” “intend” and “opportunity.” For these statements, Peoples promises the defense of the statutory protected harbors for forward-hunting statements.
Peoples cautions you that a quantity of crucial aspects could cause precise final results to differ materially from individuals now expected in any forward-searching statement. Such aspects involve, but are not limited to: prevailing financial and political conditions, particularly in our industry place the unfolding COVID-19 disaster and the governmental responses to the crisis: credit danger affiliated with our lending things to do modifications in interest charges, bank loan demand, authentic estate values and competition adjustments in accounting ideas, guidelines, and pointers alterations in any applicable law, rule, regulation or exercise with regard to tax or legal difficulties our means to identify and address cyber-safety dangers and other economic, competitive, governmental, regulatory and technological things impacting Peoples’ operations, pricing, goods and companies and other variables that may perhaps be described in Peoples’ Annual Studies on Kind 10-K and Quarterly Stories on Sort 10-Q as submitted with the Securities and Trade Commission from time to time.
In addition to these pitfalls, acquisitions and business enterprise mixtures, existing hazards other than individuals offered by the mother nature of the business acquired. Acquisitions and business combinations could be significantly a lot more high-priced to finish than originally expected, and the anticipated advantages may perhaps be appreciably more difficult-or just take lengthier-to attain than predicted. As controlled economical establishments, our pursuit of interesting acquisition and organization mixture alternatives could be negatively impacted by regulatory delays or other regulatory issues. Regulatory and/or authorized troubles associated to the pre-acquisition operations of an obtained or combined organization may perhaps cause reputational damage to Peoples subsequent the acquisition or mix, and integration of the obtained or mixed business enterprise with ours could outcome in added long run charges arising as a outcome of people difficulties.
The ahead-searching statements are built as of the day of this launch, and, other than as may possibly be required by relevant legislation or regulation, Peoples assumes no obligation to update the forward-wanting statements or to update the reasons why real benefits could differ from individuals projected in the ahead-seeking statements.
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