Penns Woods Bancorp (NASDAQ:PWOD) Releases Earnings Results

Penns Woods Bancorp (NASDAQ:PWOD) posted its quarterly earnings results on Wednesday. The financial services provider reported $0.57 earnings per share for the quarter, Zacks reports. Penns Woods Bancorp had a return on equity of 9.95% and a net margin of 16.79%.

Penns Woods Bancorp Stock Down 0.3 %

PWOD traded down $0.09 during trading on Wednesday, reaching $30.24. 2,486 shares of the stock traded hands, compared to its average volume of 18,578. The stock’s 50-day simple moving average is $31.22 and its two-hundred day simple moving average is $26.54. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. Penns Woods Bancorp has a fifty-two week low of $17.01 and a fifty-two week high of $34.56. The stock has a market cap of $228.01 million, a price-to-earnings ratio of 11.45 and a beta of 0.48.

Penns Woods Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend was Tuesday, December 10th. Penns Woods Bancorp’s dividend payout ratio (DPR) is presently 48.49%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Penns Woods Bancorp in a report on Tuesday. They issued a “hold” rating on the stock.

About Penns Woods Bancorp

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts.