Peoples Financial Services Corp. $(PFIS)$ has been assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 by KBRA. Its subsidiary, Peoples Security Bank and Trust Company, received deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2. All long-term ratings carry a stable outlook, reflecting the company's strong funding profile and solid earnings capacity.
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