Penns Woods Bancorp
PWOD

$23.98

0.55%

Market Cap: $181M

About: Penns Woods Bancorp Inc is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. The Banks are engaged in commercial and retail banking which includes the acceptance of time, savings, and demand deposits, the funding of commercial, consumer, and mortgage loans, and safe deposit services. Utilizing a branch office network, ATMs, Internet, and telephone banking delivery channels, the Banks deliver their products and services to the communities residing in.

Employees: 308

Financials State Commercial Banks

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

15% more funds holding

Funds holding: 54 [Q1] → 62 (+8) [Q2]

5.11% less ownership

Funds ownership: 29.09% [Q1] → 23.99% (-5.11%) [Q2]

12% less capital invested

Capital invested by funds: $42.4M [Q1] → $37.1M (-$5.29M) [Q2]

41% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 22

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Research analyst outlook

We haven’t received any recent analyst ratings for PWOD.

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Financial journalist opinion

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

WILLIAMSPORT, Pa., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company's Board of Directors declared a third quarter 2024 cash dividend of $0.32 per share.

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

Penns Woods Bancorp: 5.9% Dividend Yield, But Earnings Outlook Is Lackluster

Rate cuts will lift the residential loan balance, thereby boosting the bottom line. However, rate cuts will hurt the margin as assets are more rate-sensitive than liabilities. Earnings will likely be lower this year, then stabilize next year. PWOD is offering an attractive dividend yield of 5.9%. Although the capital is a bit low, the dividend appears to be safe.

Penns Woods Bancorp: 5.9% Dividend Yield, But Earnings Outlook Is Lackluster

Penns Woods Bancorp, Inc. Reports Second Quarter 2024 Earnings

WILLIAMSPORT, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $9.2 million for the six months ended June 30, 2024, resulting in basic and diluted earnings per share of $1.22.

Penns Woods Bancorp, Inc. Reports Second Quarter 2024 Earnings

Penns Woods Bancorp, Inc. Amends CEO Grafmyre Contract

WILLIAMSPORT, Pa., June 04, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ:PWOD) announced today that a mutual agreement has been reached with its Chief Executive Officer, Richard A. Grafmyre CFP®, to amend Mr. Grafmyre's employment agreement. The amendment was agreed upon after conducting a review of reported compensation data for the Company's peer group, industry compensation analysis, and discussions with shareholders. The amendment, effective June 3, 2024 removes the provision for Mr. Grafmyre to be compensated for unused paid time off (beginning with paid time off earned during the 2024 annual period), reduces Mr. Grafmyre's base salary to $850,000, and sets his maximum annual potential bonus amount at $325,000. These changes will reduce the maximum total annual compensation for Mr. Grafmyre by approximately $150,000 and will place a greater emphasis on at-risk compensation to better reflect the changes being seen within the Company's peer group.

Penns Woods Bancorp, Inc. Amends CEO Grafmyre Contract

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

WILLIAMSPORT, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company's Board of Directors declared a second quarter 2024 cash dividend of $0.32 per share.

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

Penns Woods Bancorp, Inc. Announces Stock Repurchase Program

WILLIAMSPORT, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre, CEO of Penns Woods Bancorp, Inc., (NASDAQ: PWOD) (“Company”) has announced that the Company's Board of Directors has authorized the repurchase of up to 5% of the outstanding shares of the Company. The repurchase plan is for a one-year period ending May 31, 2025 and allows for the repurchase of up to 376,000 shares. The repurchase plan replaces the existing previously authorized repurchase plan, which expires on May 31, 2024.

Penns Woods Bancorp, Inc. Announces Stock Repurchase Program

Penns Woods Bancorp: Short-Term Headwinds But Unreasonably Undervalued

Penns Woods is a small bank holding company operating in Pennsylvania. Its loan portfolio is well-diversified and has a high credit quality. Therefore, it is interesting to see how large a discount the market has assigned to the tangible book value here.

Penns Woods Bancorp: Short-Term Headwinds But Unreasonably Undervalued

Penns Woods Bancorp, Inc. Reports First Quarter 2024 Earnings

WILLIAMSPORT, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $3.8 million for the three months ended March 31, 2024, resulting in basic and diluted earnings per share of $0.51.

Penns Woods Bancorp, Inc. Reports First Quarter 2024 Earnings

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

WILLIAMSPORT, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Richard A. Grafmyre CFP®, Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company's Board of Directors declared a first quarter 2024 cash dividend of $0.32 per share.

Penns Woods Bancorp, Inc. Announces Quarterly Dividend

Penns Woods Bancorp, Inc. Reports Fourth Quarter and Year Ended 2023 Earnings

WILLIAMSPORT, Pa., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $16.6 million for the twelve months ended December 31, 2023, resulting in basic and diluted earnings per share of $2.34.

Penns Woods Bancorp, Inc. Reports Fourth Quarter and Year Ended 2023 Earnings

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