Peoples Financial Services Corp. · NASDAQ:PFIS
Peoples Financial Services — Investor Presentation (March 2026)
26 slides from Peoples Financial Services's investor presentation, March 2026
Slide 1: 2025 Investor Presentation
Peoples Financial Services Corp. March 2026 2025 Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation has been prepared solely for general informational purposes by Peoples Financial Services Corp. (the “Company,” the “holding company,” “we” or “our”), a bank holding company and owner of Peoples Security Bank and Trust Company (the “Bank”), a Pennsylvania state-chartered
Slide 3: Q4 2025 Results
Q4 2025 Results • Net income of $12.0 million, or $1.19 per diluted share for the three months ended December 31, 2025 • ROAA of 0.92%, ROATCE (1) of 11.5%, net interest margin (FTE) (1) of 3.60%, and efficiency ratio (1) of 59.5% Operating • The Company completed its merger with FNCB on July 1, 202
Slide 4: Peoples Financial Services Corp. (NASDAQ: PFIS)
Peoples Financial Services Corp. (NASDAQ: PFIS) ($ in billions, except per share data) BALANCE SHEET 2022 2023 2024 2025 2024 Q4 2025 Q3 2025 Q4 Assets $3.55 $3.74 $5.09 $5.27 $5.09 $5.16 $5.27 Net Loans $2.70 $2.83 $3.95 $4.03 $3.95 $3.98 $4.03 Deposits $3.05 $3.28 $4.41 $4.43 $4.41 $4.29 $4.43 NPA
Slide 5: Branch Footprint and Deposit Market Share
Branch Footprint and Deposit Market Share Branch Footprint #2 in Scranton MSA Deposit Market Share and #7 Largest Pennsylvania Community Bank(1) ScrantonꟷWilkes-Barre, PA MSA Deposit Market Share Deposits Market # Company ($B) Share (%) 1 The PNC Finl Svcs Grp $3.46 21.1 2 Peoples Financial Services
Slide 6: Principal Markets Overview
Principal Markets Overview Scranton – Wilkes-Barre, PA (MSA) Susquehanna, PA (County) • Population of ~575k people; the Scranton—Wilkes-Barre, • Population of ~38k people; Susquehanna County includes PA MSA includes 23 PFIS branches 4 PFIS branches • ~16% market share; accounts for ~59% of PFIS’s de
Slide 7: Experienced Management Team
Experienced Management Team Gerard A. Champi – Chief Executive Officer Years in Banking: 43 | Years at Bank: 35 Gerard A. Champi, was appointed Chief Executive Officer of the Company and the Bank effective January 1, 2025, age 65. Mr. Champi had been with FNCB Bank since 1991 and served in various l
Slide 8: Experienced Management Team
Experienced Management Team Neal D. Koplin – Senior EVP and Chief Banking Officer Years in Banking: 44 | Years at Bank: 12 Neal D. Koplin, Senior Executive Vice President and Chief Banking Officer of the Company and the Bank, age 65. Mr. Koplin was appointed to his current position in December 2019.
Slide 9: Strong Balance Sheet Growth
Strong Balance Sheet Growth Total Assets Total Net Loans ($ in millions) ($ in millions) $6,000 $6,000 $5,000 $5,271 $5,000 $5,092 $4,000 $4,000 $3,952 $4,029 $3,554 $3,742 $3,000 $3,369 $3,000 $2,703 $2,828 $2,000 $2,000 $2,301 $1,000 $1,000 – – 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Tot
Slide 10: Loan Portfolio Growth & Diversification
Loan Portfolio Growth & Diversification Total Net Loans 12/31/25 Loan Composition(1) ($ in millions) Farm, 0.3% Constr & Land Dev, 6.8% $5,000 Other (2), Non Owner 10.0% Occ. CRE, 20.3% Multifam, 10.3% $4,029 1-4 Family, $3,952 Owner Occ. 20.5% CRE, $3,750 14.5% Commercial & Industrial, 17.5% $2,828
Slide 11: Historical Bank Loan Composition & Yields
Historical Bank Loan Composition & Yields Peoples Security Bank and Trust Company Loan Composition Since 2021 ($ in thousands) 2021 2022 2023 2024 2025 Gross Loan Composition Balance % of Total Balance % of Total Balance % of Total Balance % of Total Balance % of Total Construction $178,560 7.7% $27
Slide 12: CRE Portfolio Detailed Breakdown by Asset Type
CRE Portfolio Detailed Breakdown by Asset Type Non-Owner Occupied CRE Portfolio Composition at December 31, 2025 ($ in thousands) Non-Owner Occupied Number Average Wtd Average Loan Category Loan Balance of Loans Loan Size Interest Rate Multifamily (5+ Units) 332 $ 1,599 $ 530,868 5.20% Office 140 $
Slide 13: CRE Portfolio Detailed Breakdown by Asset Type
CRE Portfolio Detailed Breakdown by Asset Type Owner Occupied CRE Portfolio Composition at December 31, 2025 ($ in thousands) Owner Occupied Number Average Wtd Average Loan Category Loan Balance of Loans Loan Size Interest Rate Industrial / Warehouse 234 $ 722 $ 168,918 5.37% Office 214 $ 401 $ 85,7
Slide 14: Commercial Real Estate Portfolio Details
Commercial Real Estate Portfolio Details CRE Maturity Schedule CRE Repricing Schedule ($ in millions) ($ in millions) $250 12.50% $1,000 45.00% 40.93% 10.70% 10.38% $200 9.14% 10.00% $800 36.00% $862 7.91% $225 $218 $192 $150 7.50% $600 27.00% 5.32% $166 15.85% $100 $112 5.00% $400 18.00% 12.31% 8.4
Slide 15: Investment Portfolio Composition & Performance
Investment Portfolio Composition & Performance Asset Class Breakdown(1) Commentary Structured • As of December 31, 2025, the Bank has ~$584.7 million of Financial debt securities(2) Products, 3.0% ABS, 1.2% Govt & Agency • This represents 11.8% of total assets Secs, 0.3% CMBS, 4.1% Other Securities,
Slide 16: Asset Quality Summary
Asset Quality Summary Summary Metrics • Nonperforming loans to total loans: • 0.28% at December 31, 2025 as compared to 0.38% at Q4 2025 Q3 2025 September 30, 2025 ($ in thousands) • Allowance for credit losses on loans to Total nonperforming loans $11,320 $15,272 nonperforming loans: Nonperforming
Slide 17: Deposit Composition and Total Cost of Deposits
Deposit Composition and Total Cost of Deposits Relationship-based core deposits 100% 10% 10% 18% 90% 19% 16% 80% 20% 22% 70% 24% 21% 22% 60% 17% 17% 11% 11% 50% 13% 40% 30% 54% 51% 49% 51% 20% 44% 10% 0% 2021 2022 2023 2024 2025 Cost of Total Deposits vs. Fed Funds Target Rate 6% 5% 4% 3% 2% 1% Late
Slide 18: Regulatory Capital Ratios
Regulatory Capital Ratios 18.0% 16.0% 14.2% 14.3% 14.0% 13.6% 12.3% 12.1% 12.1% 12.3% 12.0% 11.1% 11.3% 10.4% 11.0% 10.2% 10.0% 9.2% 9.0% 8.8% 8.5% 8.0% 8.0% 6.0% 4.0% 2.0% 0.0% 2021 2022 2023 2024 2025 Leverage Ratio CET1 Ratio Tier 1 Ratio Total RBC Ratio Note: Consolidated (GAAP) financial data a
Slide 19: Non-Interest Income & Expense
Non-Interest Income & Expense Highlights Non-Interest Income / Operating Revenue (%) (2) $1.1 Billion 13.74 13.95 13.46 12.64 12.52 in AUM under Trust and Wealth Advisors (1) 59.5% 2021 2022 2023 2024 2025 Efficiency ratio for Q4 ‘25 Net-Operating Expense / Average Assets (%) (3) $111M 1.34 1.43 1.4
Slide 20: Net Interest Income & Net Interest Margin
Net Interest Income & Net Interest Margin Net Interest Income (NII) and Net Interest Margin (NIM) FTE (1) Key Components of NII and NIM ($ in thousands) NII NIM (FTE)¹ Loan Yield Securities Yield Cost of Funds 5.99% $180,000 6.00% 6.00% 5.62% $165,962 $150,000 5.00% 5.00% 4.81% 4.04% 3.94% $120,000
Slide 21: Financial Highlights
Financial Highlights Strong balance sheet growth paired with efficient earnings and high-quality assets. 12/31/2021 For the Years Ended: For the Quarters Ended: 12/31/2025 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2025 6/30/2025 9/30/2025 12/31/2025 CAGR Balance Sheet Total Assets
Slide 22: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Year-Ended December 31, ($ in thousands) 2021 2022 2023 2024 2025 Assets Cash and Cash Equivalents $279,933 $37,868 $187,365 $135,851 $268,984 Available for Sale Securities 517,321 477,703 398,927 526,329 512,563 Held to Maturity Securities 71,213 91,179 84,851
Slide 23: Historical Consolidated Income Statement
Historical Consolidated Income Statement Year-Ended December 31, Quarter-Ended (1) ($ in thousands) 2021 2022 2023 2024 2025 2025Q4 Interest Income $94,057 $111,334 $149,851 $211,460 $259,697 $66,772 Interest Expense 9,422 15,585 63,097 95,471 93,735 23,738 Net Interest Income $84,635 $95,749 $86,75
Slide 24: Non-GAAP Financial Measures
Non-GAAP Financial Measures ($ in thousands) Reconciliation | TCE / TA, TBVPS, & ROATCE 2021Y 2022Y 2023Y 2024Y 2025Y 2025Q1 2025Q2 2025Q3 2025Q4 Total Equity $340,126 $315,350 $340,422 $468,950 $519,847 $481,854 $494,096 $509,260 $519,847 Less: Goodwill 63,370 63,370 63,370 75,986 75,986 75,986 75,
Slide 25: Non-GAAP Financial Measures
Non-GAAP Financial Measures ($ in thousands) Reconciliation | NIM & Efficiency Ratio 2021Y 2022Y 2023Y 2024Y 2025Y 2025Q1 2025Q2 2025Q3 2025Q4 Interest income (GAAP) $94,057 $111,334 $149,851 $211,460 $259,697 $62,426 $65,335 $65,164 $66,772 Plus: Adjustment to FTE 1,512 1,901 1,917 2,367 2,763 702
Slide 26: Provide BETTER BANKING to strengthen the communities where we live, work, and play.
Provide BETTER BANKING to strengthen the communities where we live, work, and play. NASDAQ: PFIS
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