Peoples Bancorp Inc Stock Price, News & Analysis

Peoples Bancorp (NASDAQ: PEBO) reported Q1 2025 financial results with net income of $24.3 million, or $0.68 per diluted share, down from $26.9 million ($0.76/share) in Q4 2024 and $29.6 million ($0.84/share) in Q1 2024.

Key highlights:

• Net interest income decreased $1.3 million (1%) quarter-over-quarter to $85.3 million
• Net interest margin declined to 4.12% from 4.15% in Q4 2024
• Provision for credit losses increased to $10.2 million from $6.3 million in Q4 2024
• Total loans grew by $70.5 million (4% annualized) from Q4 2024
• Total deposits increased by $144.5 million (2%) from Q4 2024
• Efficiency ratio increased to 60.7% from 59.6% in Q4 2024

Peoples Bancorp (Nasdaq: PEBO) has scheduled its first quarter 2025 earnings release for April 22, 2025, before market opens, followed by a conference call at 11:00 a.m. EDT. President and CEO Tyler Wilcox and CFO Kathryn Bailey will provide commentary and host a Q&A session.

The diversified financial services holding company, headquartered in Marietta, Ohio, reported $9.3 billion in total assets as of December 31, 2024. The company maintains 148 locations, including 129 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland.

Peoples Bank offers comprehensive financial solutions including banking, trust and investment, insurance, premium financing, and equipment leasing through its subsidiaries. The company is a member of the Russell 3000 index.

Peoples Bancorp (Nasdaq: PEBO) has declared a quarterly cash dividend of $0.40 per common share, payable on February 18, 2025, to shareholders of record on February 3, 2025. The dividend totals approximately $14.2 million, representing 52.8% of the company's Q4 2024 earnings. Based on the January 17, 2025 closing price of $31.30, this dividend yields an annualized 5.11%.

The financial services holding company reported $9.3 billion in total assets as of December 31, 2024, and operates 148 locations, including 129 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. The company, headquartered in Marietta, Ohio since 1902, is a member of the Russell 3000 index.

Peoples Bancorp Inc. (NASDAQ: PEBO) reported fourth quarter 2024 net income of $26.9 million ($0.76 per diluted share), down from $31.7 million ($0.89) in Q3 2024 and $33.8 million ($0.96) in Q4 2023. Full-year 2024 net income reached $117.2 million ($3.31 per share) compared to $113.4 million ($3.44) in 2023.

Key Q4 2024 metrics include: net interest income decreased $2.4 million (3%) quarter-over-quarter, net interest margin declined to 4.15% from 4.27%, and provision for credit losses was $6.3 million. Period-end total loan balances increased $86.2 million (5% annualized), while total deposits grew $111.9 million (2%). The efficiency ratio rose to 59.6% from 55.1% in Q3.

The company completed its Limestone Bancorp merger on April 30, 2023, valued at $177.9 million, which contributed to the year's performance.

Peoples Bancorp Inc. (Nasdaq: PEBO) has scheduled its fourth quarter and full year 2024 earnings release for January 21, 2025, before market opens. A conference call with analysts, media, and investors will follow at 11:00 a.m. Eastern Time, featuring commentary from President and CEO Tyler Wilcox and CFO Kathryn Bailey.

The diversified financial services holding company, headquartered in Marietta, Ohio, reported $9.1 billion in total assets as of September 30, 2024. The company operates 149 locations, including 130 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. Peoples is included in the Russell 3000 index and provides banking, trust, investment, insurance, premium financing, and equipment leasing solutions.

Peoples Bancorp Inc. (Nasdaq: PEBO) has declared a quarterly cash dividend of $0.40 per common share, payable on November 18, 2024, to shareholders of record on November 4, 2024. This dividend represents a payout of approximately $14.2 million, or 44.9% of Peoples' reported third quarter 2024 earnings. Based on the closing stock price of $31.70 on October 18, 2024, the dividend yields an annualized 5.05%.

Peoples Bancorp Inc. is a diversified financial services holding company with $9.1 billion in total assets as of September 30, 2024. The company operates 149 locations, including 130 full-service bank branches across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland. Peoples is included in the Russell 3000 index of U.S. publicly-traded companies.

Peoples Bancorp Inc. (NASDAQ: PEBO) announced Q3 2024 results with a net income of $31.7 million, translating to $0.89 per diluted share. This is an increase from Q2 2024's $29.0 million ($0.82/share) but a slight decrease from Q3 2023's $31.9 million ($0.90/share). Key highlights include:

• Net interest income rose by $2.3 million compared to the previous quarter.
• Net interest margin improved to 4.27%.
• Provision for credit losses increased to $6.7 million, impacting earnings by $0.15 per share.
• Total non-interest income grew by $1.2 million, driven by higher mortgage banking income.
• Total non-interest expense decreased by $2.7 million quarter-over-quarter.
• Deposits increased by $185.4 million, while loans and leases decreased by $53.5 million.
• Stockholders' equity to total assets ratio improved to 12.31%.

The Limestone Merger contributed to the financials, with acquisition-related expenses reducing significantly.

Peoples Bancorp Inc. (Nasdaq: PEBO) has announced its plans to release third quarter 2024 earnings before the market opens on Tuesday, October 22, 2024. The company will also conduct a conference call at 11:00 a.m. EDT on the same day. The call will feature commentary from Tyler Wilcox, President and CEO, and Kathryn Bailey, CFO and Treasurer, followed by a Q&A session.

Peoples is a diversified financial services holding company headquartered in Marietta, Ohio since 1902. As of June 30, 2024, the company had $9.2 billion in total assets and 150 locations, including 130 full-service bank branches across six states. Peoples is a member of the Russell 3000 index and offers services through various subsidiaries including Peoples Bank, Peoples Insurance Agency, , and Vantage Financial,

Peoples Bancorp Inc. (Nasdaq: PEBO) has declared a quarterly cash dividend of $0.40 per common share, payable on August 19, 2024, to shareholders of record on August 5, 2024. This dividend represents a payout of approximately $14.2 million, or 49.0% of Peoples' reported second quarter 2024 earnings. Based on the closing stock price of $32.89 on July 19, 2024, the dividend yields an annualized 4.86%.

Peoples Bancorp Inc., headquartered in Marietta, Ohio, is a diversified financial services holding company with $9.2 billion in total assets as of June 30, 2024. The company operates 150 locations, including 130 full-service bank branches across six states. Peoples is also a member of the Russell 3000 index.