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2024

Peoples Bancorp: Q2 Earnings Snapshot

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MARIETTA, Ohio (AP) — MARIETTA, Ohio (AP) — Peoples Bancorp Inc. (PEBO) on Tuesday reported second-quarter earnings of $29 million.

The Marietta, Ohio-based bank said it had earnings of 82 cents per share. Earnings, adjusted for non-recurring costs, were 84 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The financial services and products company posted revenue of $154.5 million in the period. Its revenue net of interest expense was $109.7 million, which also missed Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEBO at https://www.zacks.com/ap/PEBO