Penns Woods Bancorp, Inc. (PWOD) Monday reported first-quarter profit of $3.68 million, down from $3.69 million in the same period last year. On a per-share basis, earnings were $0.96, flat with last year.
Net-interest income increased 7 percent to $8.21 million from $7.67 million last year. Non-interest income totaled $2.73 million, down 1.09 percent from $2.76 million last year.
Provision for loan losses was $500 thousand, down 16.7 percent from $600 thousand last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.