Penns Woods Bancorp (PWOD) Reports Q2 EPS of $0.65

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Go back to Penns Woods Bancorp (PWOD) Reports Q2 EPS of $0.65

Penns Woods Bancorp, Inc. Reports Second Quarter 2015 Operating Earnings

July 20, 2015 6:06 PM EDT

WILLIAMSPORT, Pa., July 20, 2015 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. continued its solid earnings and growth achieving net income of $6,788,000 for the six months ended June 30, 2015 resulting in basic and dilutive earnings per share of $1.42.

Highlights

Net income from core operations (operating earnings), which is a non-generally accepted accounting principles (GAAP) measure of net income excluding net securities gains and bank owned life insurance gains on death benefits, decreased to $3,088,000 for the three months ended June 30, 2015 compared to $3,142,000 for the same period of 2014.  Net... More