1 week Ago By ABMN Staff
Peoples Bancorp Inc. ( NASDAQ:PEBO – Free Report ) – DA Davidson dropped their FY2025 earnings per share estimates for shares of Peoples Bancorp in a note issued to investors on Thursday, December 19th. DA Davidson analyst M.
Navas now anticipates that the bank will post earnings of $3.30 per share for the year, down from their prior estimate of $3.35.
The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.31 per share. Peoples Bancorp ( NASDAQ:PEBO – Get Free Report ) last released its quarterly earnings results on Tuesday, October 22nd.
The bank reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.
07. The firm had revenue of $158.41 million for the quarter, compared to analysts’ expectations of $112.
30 million. Peoples Bancorp had a net margin of 20.16% and a return on equity of 11.
84%. During the same quarter in the prior year, the firm posted $1.06 earnings per share.
Get Our Latest Report on PEBO Peoples Bancorp Price Performance PEBO stock opened at $32.15 on Monday. The firm has a 50 day simple moving average of $33.
54 and a two-hundred day simple moving average of $31.52. The stock has a market cap of $1.
14 billion, a PE ratio of 9.16 and a beta of 0.77.
Peoples Bancorp has a one year low of $26.74 and a one year high of $37.07.
The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.
83. Institutional Investors Weigh In On Peoples Bancorp Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in Peoples Bancorp by 1.
4% during the 2nd quarter. Bank of New York Mellon Corp now owns 318,966 shares of the bank’s stock valued at $9,569,000 after acquiring an additional 4,270 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Peoples Bancorp by 19.
1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,741 shares of the bank’s stock worth $322,000 after acquiring an additional 1,725 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of Peoples Bancorp in the second quarter worth $46,000.
Principal Financial Group Inc. raised its position in shares of Peoples Bancorp by 7.5% in the 2nd quarter.
Principal Financial Group Inc. now owns 18,112 shares of the bank’s stock worth $543,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Hantz Financial Services Inc.
bought a new position in Peoples Bancorp in the 2nd quarter worth about $981,000. 60.68% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Peoples Bancorp In other news, Director Carol A. Schneeberger sold 1,000 shares of Peoples Bancorp stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $34.
13, for a total value of $34,130.00. Following the sale, the director now directly owns 29,322 shares in the company, valued at approximately $1,000,759.
86. This trade represents a 3.30 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director S Craig Beam sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $34.
31, for a total value of $137,240.00. Following the transaction, the director now owns 23,760 shares of the company’s stock, valued at approximately $815,205.
60. This represents a 14.41 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 11,445 shares of company stock valued at $393,806 in the last quarter. Company insiders own 3.
46% of the company’s stock. Peoples Bancorp Announces Dividend The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Monday, November 4th were issued a dividend of $0.
40 per share. The ex-dividend date was Monday, November 4th. This represents a $1.
60 dividend on an annualized basis and a yield of 4.98%. Peoples Bancorp’s dividend payout ratio is currently 45.
58%. About Peoples Bancorp ( Get Free Report ) Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.
Read More Receive News & Ratings for Peoples Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Bancorp and related companies with MarketBeat.com's FREE daily email newsletter ..
