Lochen buys Peoples Financial (PFIS) shares worth $5010

Richard S. Lochen Jr., a director at Peoples Financial Services (NASDAQ:PFIS), acquired 100 shares of common stock on August 15, 2025, at a price of $50.10, for a total transaction value of $5010. The purchase price aligns closely with the current market value of $50.22, with the $502 million market cap regional bank currently trading below its Fair Value according to InvestingPro analysis.

Following the transaction, Lochen directly owns 18419.023 shares of Peoples Financial Services Corp. common stock. He also indirectly owns 4246.031 shares through an IRA, and 165.93 shares as custodian for a child under the UTMA/PA. The bank offers a compelling 4.94% dividend yield and has raised dividends for 8 consecutive years. InvestingPro subscribers can access 7 additional key insights about PFIS’s financial health and growth prospects.

In other recent news, Peoples Financial Services Corp. declared a quarterly cash dividend of $0.6175 per share for the third quarter of 2025, payable on September 15 to shareholders of record as of August 29. The company also announced the full redemption of its 5.375% Fixed to Floating Subordinated Notes due 2030, with a principal amount of $33 million, set for June 30, 2025. Additionally, Peoples Financial Services updated its bylaws to clarify the roles of the Chief Executive Officer and President, allowing different individuals to hold these positions. In a separate development, Profusa Inc. announced a $1 million investment in Bitcoin as part of its treasury management strategy, partnering with BlockFills to execute this move. This investment aims to hedge against macroeconomic uncertainties by leveraging the growing adoption of digital assets. These recent developments reflect strategic financial maneuvers by both companies.

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