Peoples Financial Services (PFIS) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Peoples Financial Services Revenue Highlights

Latest Revenue (Y)

$163.61M

Latest Revenue (Q)

$41.81M

Main Segment (Y)

Bank Servicing

Peoples Financial Services Revenue by Period

Peoples Financial Services Revenue by Year

Date	Revenue	Change
2023-12-31	$163.61M	51.39%
2022-12-31	$108.07M	10.14%
2021-12-31	$98.12M	1.74%
2020-12-31	$96.44M	6.40%
2019-12-31	$90.64M	6.65%
2018-12-31	$84.99M	8.07%
2017-12-31	$78.64M	5.38%
2016-12-31	$74.63M	6.49%
2015-12-31	$70.08M	-0.35%
2014-12-31	$70.33M	65.59%
2013-12-31	$42.47M	3.77%
2012-12-31	$40.93M	49.56%
2011-12-31	$27.36M	16.28%
2010-12-31	$23.53M	17.31%
2009-12-31	$20.06M	38.20%
2008-12-31	$14.52M	-13.67%
2007-12-31	$16.81M	14.45%
2006-12-31	$14.69M	-5.00%
2005-12-31	$15.46M	5.87%
2004-12-31	$14.61M	-2.08%
2003-12-31	$14.92M	10.20%
2002-12-31	$13.54M	7.56%
2001-12-31	$12.59M	643.77%
2000-12-31	$1.69M	9.41%
1999-12-31	$1.55M	11.57%
1998-12-31	$1.39M	9.33%
1997-12-31	$1.27M	-

Peoples Financial Services generated $163.61M in revenue during NA 2023, up 51.39% compared to the previous quarter, and up 192.51% compared to the same period a year ago.

Peoples Financial Services Revenue by Quarter

Date	Revenue	Change
2024-06-30	$41.81M	-1.33%
2024-03-31	$42.38M	-2.37%
2023-12-31	$43.41M	73.73%
2023-09-30	$24.99M	-2.58%
2023-06-30	$25.65M	-4.00%
2023-03-31	$26.72M	4.21%
2022-12-31	$25.64M	-9.45%
2022-09-30	$28.32M	2.56%
2022-06-30	$27.61M	5927.95%
2022-03-31	$458.00K	-98.15%
2021-12-31	$24.72M	-2.80%
2021-09-30	$25.43M	7.42%
2021-06-30	$23.68M	-2.50%
2021-03-31	$24.29M	-1.06%
2020-12-31	$24.54M	-1.27%
2020-09-30	$24.86M	3.89%
2020-06-30	$23.93M	3.54%
2020-03-31	$23.11M	-0.08%
2019-12-31	$23.13M	0.92%
2019-09-30	$22.92M	0.17%
2019-06-30	$22.88M	5.37%
2019-03-31	$21.71M	-0.01%
2018-12-31	$21.72M	2.42%
2018-09-30	$21.20M	-0.52%
2018-06-30	$21.31M	2.68%
2018-03-31	$20.76M	2.44%
2017-12-31	$20.26M	-0.11%
2017-09-30	$20.28M	5.63%
2017-06-30	$19.20M	1.63%
2017-03-31	$18.89M	-0.08%
2016-12-31	$18.91M	0.40%
2016-09-30	$18.84M	0.95%
2016-06-30	$18.66M	2.38%
2016-03-31	$18.23M	2.73%
2015-12-31	$17.74M	2.51%
2015-09-30	$17.30M	0.81%
2015-06-30	$17.17M	-3.93%
2015-03-31	$17.87M	3.39%
2014-12-31	$17.28M	-5.39%
2014-09-30	$18.27M	7.22%
2014-06-30	$17.04M	-3.96%
2014-03-31	$17.74M	-14.38%
2013-12-31	$20.72M	181.78%
2013-09-30	$7.35M	-28.27%
2013-06-30	$10.25M	1.92%
2013-03-31	$10.06M	-49.95%
2012-12-31	$20.10M	192.52%
2012-09-30	$6.87M	-2.72%
2012-06-30	$7.06M	2.45%
2012-03-31	$6.89M	0.89%
2011-12-31	$6.83M	5.64%
2011-09-30	$6.47M	-19.00%
2011-06-30	$7.98M	29.48%
2011-03-31	$6.17M	1.93%
2010-12-31	$6.05M	5.02%
2010-09-30	$5.76M	-0.52%
2010-06-30	$5.79M	2.53%
2010-03-31	$5.65M	4.83%
2009-12-31	$5.39M	39.20%
2009-09-30	$3.87M	-32.86%
2009-06-30	$5.76M	14.37%
2009-03-31	$5.04M	-54.16%
2008-12-31	$10.99M	118.15%
2008-09-30	$5.04M	3.51%
2008-06-30	$4.87M	6.43%
2008-03-31	$4.58M	0.07%
2007-12-31	$4.57M	-

Peoples Financial Services generated $41.81M in revenue during Q2 2024, up -1.33% compared to the previous quarter, and up 156.50% compared to the same period a year ago.

Peoples Financial Services Revenue Breakdown

Peoples Financial Services Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Asset Management	$1.58M	-	-	-	-
Bank Servicing	$7.73M	$6.81M	$9.03M	-	-
Commission And Fees On Fiduciary Activities	$2.22M	$2.13M	$2.09M	-	-
Credit Card	$693.00K	$824.00K	$973.00K	-	-
Commission and fees on fiduciary activities	-	$2.23M	$2.27M	-	-
Merchant services income	-	$964.00K	$879.00K	-	-
Service charges, fees, commissions and other	-	$7.08M	-	-	-
Wealth management income	-	$1.43M	$1.54M	-	-
Service charges, fees and commissions	-	-	$6.17M	-	-
Asset Management1	-	-	-	$1.28M	$1.52M

Peoples Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Bank Servicing (63.26%), Commission And Fees On Fiduciary Activities (18.16%), Asset Management (12.90%), and Credit Card (5.67%).

Quarterly Revenue by Product

Product/Service	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Bank Servicing	$2.04M	$1.67M	$1.63M	$1.18M	$2.19M	$1.58M	$1.43M	$1.60M	$2.38M	$2.16M	$2.49M	$2.00M	-	-	-	-	-	-	-	-
Asset Management	$361.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit Card	$115.00K	$158.00K	$508.00K	$93.00K	$101.00K	$137.00K	$472.00K	$114.00K	$136.00K	$182.00K	$457.00K	$198.00K	-	-	-	-	-	-	-	-
Commission And Fees On Fiduciary Activities	$551.00K	$639.00K	$553.00K	$533.00K	$551.00K	$575.00K	$493.00K	$506.00K	$519.00K	$569.00K	$492.00K	$507.00K	-	-	-	-	-	-	-	-
Commission and fees on fiduciary activities	-	$606.00K	$528.00K	$557.00K	$532.00K	$591.00K	$551.00K	$555.00K	$548.00K	-	-	-	-	-	-	-	-	-	-	-
Wealth management income	-	$393.00K	$386.00K	$398.00K	$366.00K	$339.00K	$374.00K	$351.00K	$330.00K	-	-	-	-	-	-	-	-	-	-	-
Service charges, fees, commissions and other	-	$1.90M	$1.98M	$1.97M	$1.91M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merchant services income	-	$170.00K	$254.00K	$118.00K	$131.00K	$157.00K	$562.00K	$114.00K	$120.00K	-	-	-	-	-	-	-	-	-	-	-
Service charges, fees and commissions	-	-	-	-	-	$1.71M	$1.76M	$1.69M	$1.69M	-	-	-	-	-	-	-	-	-	-	-
Asset Management1	-	-	-	-	-	-	-	-	-	$432.00K	$417.00K	$358.00K	$392.00K	$272.00K	$231.00K	$387.00K	$382.00K	$395.00K	$370.00K	$377.00K

Peoples Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Bank Servicing (66.47%), Commission And Fees On Fiduciary Activities (17.99%), Asset Management (11.79%), and Credit Card (3.75%).

Peoples Financial Services Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PFIS	Peoples Financial Services	$163.61M	$41.81M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FNWD	Finward Bancorp	$96.53M	$24.70M
OVLY	Oak Valley Bancorp	$87.34M	$19.50M
FFNW	First Financial Northwest	$80.93M	$20.09M
CWBC	Community West Bancshares	$61.39M	$27.26M
HMNF	HMN Financial	$43.48M	$14.79M
LSBK	Lake Shore Bancorp	$36.39M	$9.64M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
MGYR	Magyar Bancorp	$30.42M	$12.74M
HVBC	HV Bancorp	$25.74M	$6.58M
OFED	Oconee Federal Financial	$16.61M	$3.21M
FCCO	First Community	$10.42M	$26.72M

PFIS Revenue FAQ

What is Peoples Financial Services’s yearly revenue?

Peoples Financial Services's yearly revenue for 2023 was $163.61M, representing an increase of 51.39% compared to 2022. The company's yearly revenue for 2022 was $108.07M, representing an increase of 10.14% compared to 2021. PFIS's yearly revenue for 2021 was $98.12M, representing an increase of 1.74% compared to 2020.

What is Peoples Financial Services’s quarterly revenue?

Peoples Financial Services's quarterly revenue for Q2 2024 was $41.82M, a -1.33% decrease from the previous quarter (Q1 2024), and a 63.03% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $42.38M, a -2.37% decrease from the previous quarter (Q4 2023), and a 58.62% increase year-over-year (Q1 2023). PFIS's quarterly revenue for Q4 2023 was $43.41M, a 73.73% increase from the previous quarter (Q3 2023), and a 69.31% increase year-over-year (Q4 2022).

What is Peoples Financial Services’s revenue growth rate?

Peoples Financial Services's revenue growth rate for the last 3 years (2021-2023) was 66.75%, and for the last 5 years (2019-2023) was 80.51%.

What are Peoples Financial Services’s revenue streams?

Peoples Financial Services's revenue streams in c 23 are Asset Management, Bank Servicing, Commission And Fees On Fiduciary Activities, and Credit Card. Asset Management generated $1.58M in revenue, accounting 12.90% of the company's total revenue Bank Servicing generated $7.73M in revenue, accounting 63.26% of the company's total revenue, up 13.50% year-over-year. Commission And Fees On Fiduciary Activities generated $2.22M in revenue, accounting 18.16% of the company's total revenue, up 4.42% year-over-year. Credit Card generated $693K in revenue, accounting 5.67% of the company's total revenue, down -15.90% year-over-year.

What is Peoples Financial Services’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Peoples Financial Services was Bank Servicing. This segment made a revenue of $7.73M, representing 63.26% of the company's total revenue.