Peoples Financial Corporation, the parent entity of The Peoples Bank, has announced a regular semi-annual cash dividend of $0.18 per common share. This dividend is scheduled for payment on June 13, 2025, to shareholders recorded as of June 11, 2025. Chevis C. Swetman, the Chairman and CEO of both the holding company and the bank, highlighted the organization's ongoing financial enhancement and its commitment to rewarding shareholders. This move underscores the company's robust financial status and its strategic efforts to deliver value to its investors.
Established in 1896, The Peoples Bank boasts a network of 18 banking facilities spread across four counties on the Mississippi Gulf Coast: Hancock, Harrison, Jackson, and Stone. As of March 31, 2025, the bank reported total assets amounting to $867 million. It provides a wide array of retail and commercial banking services, alongside trust and investment offerings that have been aiding customers with financial, estate, and retirement planning since 1936.
The company's common stock is traded on the OTCQX Best Market, identified by the symbol PFBX. For further details, interested parties can visit the company's official website at www.thepeoples.com or the Securities and Exchange Commission's site at www.sec.gov.
While the announcement of the dividend is a testament to the company's financial resilience, Peoples Financial Corporation also recognizes the existence of potential risks and uncertainties that could influence future outcomes. These forward-looking statements are contingent upon a variety of factors that may lead actual results to deviate from those currently expected.
