Penns Woods Bancorp (NASDAQ:PWOD) Posts Earnings Results

Penns Woods Bancorp (NASDAQ:PWOD) issued its 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 0.0 %

Shares of NASDAQ:PWOD traded down $0.02 during midday trading on Thursday, hitting $30.68. 2,774 shares of the company’s stock traded hands, compared to its average volume of 18,080. Penns Woods Bancorp has a twelve month low of $17.01 and a twelve month high of $34.56. The company has a market cap of $231.29 million, a PE ratio of 11.62 and a beta of 0.48. 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 firm’s fifty day moving average price is $31.24 and its two-hundred day moving average price is $26.57.

Penns Woods Bancorp Announces Dividend

The firm also recently announced 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 4.17%. The ex-dividend date of this dividend was Tuesday, December 10th. Penns Woods Bancorp’s dividend payout ratio is presently 48.49%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Penns Woods Bancorp in a research note on Tuesday. They set a “hold” rating for the company.

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.