Quarterly ResultAug 4, 2026, 11:16 AM
Peoples Bancorp Q2 Net Earnings $5.23M, EPS $0.96
AI Summary
Peoples Bancorp reported a slight increase in net earnings for Q2 2026, reaching $5.23 million, with diluted EPS rising to $0.96. The company saw strong growth in net interest income, up 9.39% to $15.97 million, and experienced an increase in total assets and loans. However, non-interest income decreased, and the provision for credit losses significantly increased. Additionally, unrealized losses on investment securities available for sale grew to $38.3 million.
Key Highlights
- Q2 2026 net earnings increased to $5.23 million from $5.16 million YoY.
- Q2 2026 diluted EPS rose to $0.96, up from $0.95 in the prior year.
- Net interest income for Q2 2026 grew 9.39% to $15.97 million.
- Total assets increased 3.69% to $1.76 billion since December 31, 2025.
- Total loans grew 6.24% to $1.28 billion since December 31, 2025.
- Provision for credit losses increased to $293K in Q2 2026 from a $(213)K recovery.
- Unrealized losses on investment securities available for sale reached $38.3 million.
- Cash dividends declared per share increased to $0.21 from $0.20 YoY.
Price Impact
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