Peoples Financial Services PFIS Amortization Of Low Income Housing Partnerships
Amortization Of Low Income Housing Partnerships at other companies
Other financials
Where this comes from
Reported directly by Peoples Financial Services in its filing.
Tagged under the XBRL concept pfis:AmortizationOfLowIncomeHousingPartnerships.
The official record: Peoples Financial Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Peoples Financial Services's amortization of low income housing partnerships?
- Peoples Financial Services (PFIS) reported amortization of low income housing partnerships of $828K in Q1 2026.
- How has Peoples Financial Services's amortization of low income housing partnerships changed year-over-year?
- Peoples Financial Services's amortization of low income housing partnerships increased by 90.8% year-over-year, from $434K to $828K.
- What is the long-term trend for Peoples Financial Services's amortization of low income housing partnerships?
- Over 4 years (2021 to 2025), Peoples Financial Services's amortization of low income housing partnerships has grown at a 41.7% compound annual growth rate (CAGR), from $427K to $1.72M.
- What does amortization of low income housing partnerships mean?
- This represents the periodic amortization of investments in low-income housing tax credit partnerships. It reflects the systematic recovery of the investment cost, often offset by the realization of tax credits that reduce the company's overall tax burden.