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Penns Woods Bancorp ( (PWOD) ) has issued an update.
Penns Woods Bancorp announced a merger agreement with Northwest Bancshares, Inc., which involves the integration of their businesses and financial operations. The merger aims to achieve cost savings and revenue synergies, although it is subject to regulatory and shareholder approvals, and other conditions. There are potential risks and uncertainties associated with the merger, such as not realizing expected financial benefits and possible delays in closing the transaction. Stakeholders are advised to review relevant SEC filings for further details.
More about Penns Woods Bancorp
Penns Woods Bancorp, Inc. is a bank holding company based in Williamsport, Pennsylvania, operating in the financial services industry. It provides a range of banking services and is affiliated with Jersey Shore State Bank.
YTD Price Performance: 59.05%
Average Trading Volume: 16,542
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $255.1M
For detailed information about PWOD stock, go to TipRanks’ Stock Analysis page.
