Penns Woods Bancorp (NASDAQ:PWOD) Posts Quarterly Earnings Results

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

Penns Woods Bancorp Price Performance

Shares of PWOD stock traded down $0.09 during mid-day trading on Wednesday, hitting $30.24. 2,486 shares of the stock traded hands, compared to its average volume of 18,578. Penns Woods Bancorp has a twelve month low of $17.01 and a twelve month high of $34.56. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The company’s 50-day simple moving average is $31.22 and its 200-day simple moving average is $26.54. The firm 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 firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Tuesday, December 10th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date was Tuesday, December 10th. Penns Woods Bancorp’s dividend payout ratio (DPR) is 48.49%.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Penns Woods Bancorp in a research report on Tuesday. They issued a “hold” rating for the company.

Penns Woods Bancorp Company Profile

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.