Peoples Ltd. reported net income of $2.796 million for the quarter ended December 31, 2025, up 45.4% from $1.923 million in the same period a year earlier. Earnings per share rose to $1.55 from $1.06. This surge was driven by higher net interest income resulting from loan repricings and controlled funding costs, which more than offset increased salary and operational expenses.

For the full year 2025, net income reached a record $10.11 million, or $5.59 per share, representing a 40.1% increase over the $7.214 million earned in 2024. Excluding a one-time life insurance benefit of $553,000 recognized in the third quarter, adjusted net income was $9.557 million, or $5.27 per share, a 32.5% year-over-year gain.

Return on assets climbed to 1.67% in 2025 from 1.32% a year earlier, while return on equity increased to 16.94% from 14.14%. These improvements reflect efficient leverage of the bank’s balance sheet and disciplined expense management despite investments in new branches and technology.

Total assets grew 10.3% year-over-year to $641.89 million as of December 31, 2025. Deposits rose 9.6% to $559.785 million, and net loans increased 10.7% to $413.764 million. The newly opened Keyser Village Office in Scranton exceeded expectations, contributing significantly to deposit and loan growth in Lackawanna County.