Quarterly ResultOct 20, 2026, 06:11 AM
Peoples Bancorp Q3 Net Income $32.6M; Declares $0.42 Dividend
AI Summary
Peoples Bancorp Inc. announced its third quarter 2026 financial results, reporting a net income of $32.6 million, or $0.91 per diluted share. The company highlighted a strong performance with an improved net interest margin and growth in fee-based revenue streams. Peoples also declared a quarterly dividend of $0.42 per common share and provided updates on its pending acquisitions of Citizens National Corporation and Capital Bancorp, Inc.
Key Highlights
- Peoples Bancorp Inc. reported Q3 2026 net income of $32.6 million, or $0.91 per diluted share.
- Net interest margin increased to 4.31% in Q3 2026, up from 4.23% in Q2 2026, driven by higher yields.
- Total non-interest income, excluding net gains and losses, increased 5% to $1.5 million compared to the linked quarter.
- Acquisition-related expenses totaled $1.5 million in Q3 2026, impacting diluted EPS by $0.03.
- The company declared a quarterly dividend of $0.42 per common share, payable November 16, 2026.
- Peoples Bancorp Inc. is acquiring Capital Bancorp, Inc. in an all-stock transaction valued at approximately $728.1 million.
- Peoples Bancorp Inc. is acquiring Citizens National Corporation in a cash and stock transaction valued at approximately $76.6 million.
Price Impact
More from PEBO