Jeffrey Drobins Acquires Shares in Peoples Financial Services
EVP Jeffrey Drobins purchased 715 shares of Peoples Financial Services on June 26.
Key Points
- Jeffrey Drobins, EVP/Chief Lending Officer at Peoples Financial Services, bought 715 shares on June 26, 2026.
- Peoples Financial Services Corp. has a market cap of $664.4 million and a P/E ratio of 11.33.
- Analysts maintain a hold rating on PFIS with a target price of $56.00.
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Jeffrey Drobins, the Executive Vice President and Chief Lending Officer at Peoples Financial Services Corp. (NasdaqGS: PFIS), purchased 715 shares of the company on June 26, 2026. This insider transaction did not specify a purchase price or total value.
Insider Buying and Selling at Peoples Financial Services Corp.
On June 26, 2026, several executives at Peoples Financial Services Corp. made stock purchases. Besides Jeffrey Drobins, Neal Koplin, Sr. EVP/Chief Banking Officer, bought 773 shares, John Anderson III, EVP/Chief Operating Officer, acquired 673 shares, and James Bone Jr., EVP/Chief Financial Officer, added 793 shares. Amy Vieney, EVP/Chief Human Resources Officer, purchased 610 shares, and Timothy Kirtley, EVP/Chief Risk Officer, bought 662 shares. These transactions were not part of a planned trading program.
Other Institutional Activity in Peoples Financial Services
Several institutional investors adjusted their holdings in Peoples Financial Services. BlackRock, Inc. reduced its position by 15,847 shares, holding 634,696 shares valued at about $33.8 million, a 2.4% decrease. Vanguard Capital Management LLC opened a new position with 392,034 shares worth approximately $20.9 million. Dimensional Fund Advisors LP increased its stake by 17,655 shares to 316,621 shares, valued at $16.9 million, marking a 5.9% increase. Geode Capital Management, LLC added 5,362 shares, bringing its total to 235,370 shares, valued at $12.6 million, a 2.3% increase. Meanwhile, State Street Corp reduced its holdings by 7,702 shares, ending with 200,435 shares worth around $10.7 million, a 3.7% decrease.
Peoples Financial Services Corp. Stock Down 3.8%
Shares of Peoples Financial Services Corp. (NasdaqGS: PFIS) traded near $66.37 on Wednesday. The company has a market capitalization of $664.4 million and a P/E ratio of 11.33. Its stock has a 52-week low of $43.64 and a high of $67.75. The 50-day moving average is $59.71, while the 200-day moving average stands at $53.16. Peoples Financial Services has a beta of 0.762, indicating lower volatility compared to the market.
$PFIS stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Peoples Financial Services Corp. reported revenue of $190.4 million with a revenue growth of 6.1%. The company's net margin stood at 30.95%, and it achieved a return on equity of 11.7%. Earnings per share were $5.86. The next earnings report is scheduled for July 30, 2026.
Dividend
The company offers an annual dividend rate of $2.49, yielding 3.74%. Its dividend payout ratio is 42.28%.
Analysts Set New Price Targets
On February 11, 2026, Stephens & Co. maintained its hold rating on Peoples Financial Services Corp. with a price target of $56.00. The consensus among analysts is a hold, with an average target price of $62.00.
About Peoples Financial Services
Peoples Financial Services Corp. is the bank holding company for Peoples Security Bank and Trust Company. It provides commercial and retail banking services in Pennsylvania, New Jersey, and New York. The company offers various deposit accounts, loans, and fiduciary services. It also provides wealth management, investment, and brokerage services. Headquartered in Moosic, Pennsylvania, Peoples Financial employs 547 people and is led by CEO James M. Bone Jr., CPA.
Bottom Line
Jeffrey Drobins' recent stock purchase is part of a broader insider buying trend at Peoples Financial Services Corp., reflecting potential confidence in the company. With a solid market position and consistent earnings growth, the company remains a key player in the regional banking sector. Investors often monitor such insider activities as they can provide insights into management's view of the company's future prospects.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.