Quarterly ResultApr 30, 2026, 03:46 PM
PEBO Q1 Net Income $29.0M, EPS $0.81; Net Interest Income Up
AI Summary
Peoples Bancorp Inc. reported strong first-quarter 2026 results with net income increasing to $29.0 million, or $0.81 diluted EPS, compared to $24.3 million, or $0.68 diluted EPS, in Q1 2025. The company saw a rise in net interest income to $90.4 million and an increase in total deposits to $7.65 billion. Net loans and leases also grew to $6.69 billion, reflecting positive operational trends.
Key Highlights
- Net income increased 19.2% to $29.0 million from $24.3 million year-over-year.
- Diluted EPS rose 19.1% to $0.81 from $0.68 year-over-year.
- Net interest income grew 6.1% to $90.4 million from $85.3 million year-over-year.
- Total deposits increased to $7.65 billion at March 31, 2026, from $7.61 billion at December 31, 2025.
- Net loans and leases increased to $6.69 billion at March 31, 2026, from $6.68 billion at December 31, 2025.
- Cash dividends declared per common share increased to $0.41 from $0.40 year-over-year.
- Net cash provided by operating activities was $34.5 million, up from $34.3 million year-over-year.
Price Impact
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