WILLIAMSPORT, Pa. (AP) — WILLIAMSPORT, Pa. (AP) — Penns Woods Bancorp Inc. (PWOD) on Wednesday reported net income of $3.7 million in its fourth quarter.
The Williamsport, Pennsylvania-based bank said it had earnings of 49 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 57 cents per share.
The holding company for Jersey Shore State Bank and Luzerne Bank posted revenue of $31 million in the period. Its revenue net of interest expense was $18.3 million, which beat Street forecasts.
For the year, the company reported profit of $17.7 million, or $2.35 per share. Revenue was reported as $68.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PWOD at https://www.zacks.com/ap/PWOD
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