Peoples Bancorp Inc Stock Price, News & Analysis

The Board of Directors of Peoples Bancorp declared a quarterly cash dividend of $0.35 per share, totaling approximately $6.8 million, which is 33.3% of reported Q4 2020 earnings. The dividend is payable on February 22, 2021, to shareholders of record as of February 8, 2021. With a closing stock price of $30.00 on the declaration date, this dividend yields an annualized rate of 4.67%. Peoples Bancorp offers diversified financial services and has total assets of $4.8 billion as of December 31, 2020.

Peoples Bancorp Inc. (Nasdaq: PEBO) will report its fourth quarter and year-to-date 2020 earnings on January 26, 2021, before market opens. A conference call hosted by CEO Chuck Sulerzyski and CFO Katie Bailey will follow at 11:00 a.m. Eastern Time. Participants can join via phone at (866) 890-9285, with access to a webcast and a one-year audio replay available online. Peoples operates with total assets of $4.9 billion and has 88 locations across Ohio, Kentucky, and West Virginia, demonstrating its financial stability and community impact.

Peoples Bancorp Inc. (NASDAQ: PEBO) announced that David L. Mead will retire as Chairman of the Board on October 31, 2020, after serving since 2016. He will leave the Boards of Directors effective March 31, 2021, after being a member since 2005. Susan D. Rector, an independent director since 2011, has been elected as the new Chairman. Rector has extensive experience in law and leadership within various committees at Peoples. The company, headquartered in Marietta, Ohio, has total assets of $4.9 billion as of September 30, 2020, and operates 88 locations across Ohio, Kentucky, and West Virginia.

The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) declared a quarterly cash dividend of $0.35 per common share on October 19, 2020, payable November 16, 2020, to shareholders of record on November 2, 2020. This dividend totals approximately $6.9 million, providing an annualized yield of 6.46% based on the stock's closing price of $21.67 on the declaration date. Peoples Bancorp operates with $4.9 billion in total assets and maintains 88 locations across Ohio, Kentucky, and West Virginia.

Peoples Bancorp Inc. reported a net income of $10.2 million for Q3 2020, with earnings per diluted share of $0.51, a notable increase from $0.23 in Q2 2020, but down from $0.72 in Q3 2019. For the first nine months of 2020, net income was $14.2 million, down from $38.8 million in the same period last year. The company faced non-core expenses related to COVID-19, impacting earnings. Total loan balances increased by $111.1 million from the previous quarter, reflecting growth from the Peoples Premium Finance acquisition. However, non-interest expenses surged by 8%.

Peoples Bancorp Inc. (Nasdaq: PEBO) will release its third quarter 2020 earnings on October 20, 2020, before market open. The company will host a conference call at 11:00 a.m. EDT, featuring commentary from CEO Chuck Sulerzyski and CFO Kathryn Bailey, who will discuss the earnings results followed by a Q&A session. Interested participants should call in 15 minutes early. Peoples Bancorp has total assets of $5.0 billion and operates 89 locations in Ohio, Kentucky, and West Virginia.

On August 24, 2020, Peoples Bancorp Inc. (NASDAQ: PEBO) announced the retirement of John C. Rogers, Executive Vice President and CFO, effective September 30, 2020, after five years in the role. Katie Bailey has been promoted to CFO, effective October 1, 2020. Bailey, a CPA with 14 years of experience, has been with Peoples since May 2011 and held various financial roles. Peoples Bancorp, a diversified financial services holding company, has total assets of $5.0 billion and operates 88 locations across Ohio, Kentucky, and West Virginia.

The Board of Directors of Peoples Bancorp declared a quarterly cash dividend of $0.34 per common share on July 20, 2020, payable on August 17, 2020. This dividend totals approximately $6.8 million and reflects an annualized yield of 6.76% based on the closing stock price of $20.12 on July 17, 2020. Peoples Bancorp, a diversified financial services holding company founded in 1902 and headquartered in Marietta, Ohio, has total assets of $5.0 billion and operates 89 locations, including 77 full-service bank branches across Ohio, Kentucky, and West Virginia.

Peoples Bancorp Inc. (Nasdaq: PEBO) reported a net income of $4.7 million for Q2 2020, with earnings per diluted share of $0.23, reversing a loss of $(0.04) in Q1 2020. However, earnings declined compared to $0.46 per share in Q2 2019. Non-core expenses affected earnings negatively, totaling $0.06 per share in Q2 2020. Peoples reported a stable credit quality with net charge-offs at 0.01% of average loans. The bank assisted nearly 3,700 businesses with $500 million in PPP loans. Total deposits rose 18% to $4.1 billion, driven by fiscal stimulus payments and PPP funds.