Peoples Bancorp (PEBO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 26, 2024 (July 23, 2024) PEOPLES BANCORP INC. (Exact name of Registrant as specified in its charter) Ohio 000-16772 31-0987416 (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification Number) 138 Putnam Street, PO Box 738 Marietta, Ohio 45750- ...

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.88 on $111.8 million in revenues for the coming quarter and $3.46 on $449.1 million in revenues for the current fiscal year. This bank is expected to post quarterly earnings of $0.33 per share in its upcoming report, which represents a year-over-year change of -19.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 d ...

Individuals wishing to participate in the live conference call are encouraged to call or sign in at least 15 minutes prior to the scheduled start time. MARIETTA, Ohio, June 25, 2024 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced it intends to release second quarter 2024 earnings before the market opens on Tuesday, July 23, 2024, and conduct a facilitated conference call with analysts, media and individual investors at 11:00 a.m. Eastern Daylight Time on the same date. The co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. (Exact name of Registrant as specified in its charter) Ohio 31-0987416 (State or other jur ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 29, 2024 (April 23, 2024) PEOPLES BANCORP INC. | (Exact name of Registrant as specified in its charter) | | | | --- | --- | --- | | Ohio | 000-16772 | 31-0987416 | | (State or other jurisdiction | (Commission File | (I.R.S. Employer | | of incorporation) | Number) | Identification Number) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. (Exact name of registrant as specified in its charter) | Ohio | 31-0987416 | | --- | --- | | (Stat ...

Peoples Bancorp Inc. (NASDAQ:PEBO) Q4 2023 Earnings Conference Call January 23, 2022 11:00 AM ET Company Participants Chuck Sulerzyski - President & Chief Executive Officer Katie Bailey - Chief Financial Officer & Treasurer Tyler Wilcox - Chief Operating Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Nick Cucharale - Hovde Group Tim Switzer - KBW Manuel Navas - D.A. Davidson Daniel Cardenas - Janney Montgomery Scott Operator Good morning and welcome to Peoples Ban ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 000-16772 PEOPLES BANCORP INC. (Exact name of Registrant as specified in its charter) | Ohio | 31-0987416 | | --- | - ...

Financial Data and Key Metrics Changes - The company reported earnings of $31.9 million for Q3 2023, a 51% increase compared to the linked quarter and a 23% increase from the prior year quarter [4] - Net interest income grew by 10% compared to the linked quarter, while fee-based revenue increased by 3% [3] - Return on average stockholder equity improved to 12.6%, and return on average tangible stockholder equity was 23% [3] - Return on average assets increased to 1.44% for the third quarter [3] - Diluted earnings per share were $0.90, negatively impacted by one-time costs totaling $0.15 [4] Business Line Data and Key Metrics Changes - The construction loan portfolio saw a decline in outstanding balances, with $374 million in outstanding balances compared to $689 million in commitments [31] - Multifamily loans accounted for 38% of the funded multifamily portfolio, with six projects in the construction phase [7] - Hospitality loan balances grew to $192 million, comprising 3% of the total loan portfolio, with occupancy trends remaining above market competitors [32] - The dealer floor plan portfolio had $340 million of exposure, with strong liquidity positions among larger clients [9] Market Data and Key Metrics Changes - The company experienced a 7% annualized growth in total loan balances, with commercial real estate loans being the largest contributor [9] - Deposit balances increased by $78 million compared to the linked quarter, driven by retail CDs and seasonal increases in governmental deposits [12] - The average customer deposit relationship was $29,000, with a median of $2,400 [37] Company Strategy and Development Direction - The company is focused on achieving a successful transition to cross $10 billion in assets, making investments in systems, associates, and processes [19] - The efficiency ratio is expected to be between 55% and 57% for the full year, excluding one-time expenses [20] - The company anticipates organic loan growth of 6% to 8% for 2023, with fee-based income growth in the low to mid double digits compared to 2022 [44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the current core consensus estimate for diluted EPS for 2023, which is $3.87 [20] - The company expects some compression in net interest income and margin in Q4 2023 but remains optimistic about overall performance [44] - Management noted that the current economic environment has not significantly impacted vehicle sales, with larger clients having the liquidity to withstand short-term delays [9] Other Important Information - The company recorded a pension settlement charge of $2.4 million, which will not incur future ongoing costs [4] - The investment securities portfolio declined to 19.7% of total assets, with cash flows utilized to fund loan growth [17] - The company was recognized as one of the top workplaces in the financial services industry for 2023 [13] Q&A Session Summary Question: What are the expectations for loan yields and margin? - Management indicated that loan yields were at 8.5% and suggested there might be room for improvement, depending on future rate increases [23] Question: How are deposit costs expected to trend? - The company expects deposit costs to be around 18% to 20% in the current environment, with a focus on managing short-term borrowings [88] Question: What are the expectations for leasing income and credit quality? - Leasing income saw a significant drop due to purchase accounting related to the Vantage transaction, but management expects stability moving forward [97] - Charge-off rates in the leasing business are anticipated to increase but remain manageable [99] Question: How is the company managing its balance sheet? - The company is actively managing its balance sheet in response to loan growth and deposit flows, with ongoing evaluations of the investment securities portfolio [68]