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Carol A. Schneeberger, a director at Peoples Bancorp Inc . (NASDAQ:PEBO), a regional bank with a market capitalization of $1 billion, executed a sale of 1,000 shares of common stock, according to a recent SEC filing. The stock currently trades at a P/E ratio of 8.8x and offers a 5.5% dividend yield, having maintained dividend payments for 52 consecutive years. The transaction, which took place on March 10, 2025, was conducted at an average price of $30.2021 per share, amounting to a total of $30,202. Following this sale, Schneeberger holds 25,686 shares in the company. The transaction was made under a pre-established Rule 10b5-1 trading plan. InvestingPro analysis indicates the stock is currently in oversold territory, with analysts setting price targets ranging from $33 to $40. Get access to more exclusive insights and the comprehensive Pro Research Report for PEBO on InvestingPro.
In other recent news, Peoples Bancorp Inc. reported its financial results for the fourth quarter of 2024, revealing a mixed performance against analyst expectations. The company posted a diluted earnings per share (EPS) of $0.76, slightly below the forecast of $0.80, but outperformed revenue expectations with $111.63 million, surpassing the anticipated $105.36 million. Piper Sandler analyst Nathan Race responded positively, raising the price target for Peoples Bancorp shares from $39.00 to $40.00, maintaining an Overweight rating, citing strong fourth-quarter performance and a positive outlook for the bank’s asset quality. Meanwhile, DA Davidson adjusted their price target from $42.00 to $40.00 but sustained a Buy rating, noting solid loan growth and an improved net interest margin.
Peoples Bancorp’s net interest income improved by 3% year-over-year, with a net interest margin of 4.21%, and fee-based income grew by 10%, indicating strong operational efficiency. The company’s tangible equity was reported at $709.2 million, with a tangible equity to tangible assets ratio of 8.01%. Analyst Russell Gunther from DA Davidson expressed confidence in the bank’s ability to manage elevated leasing net charge-offs, projecting a decline moving forward. Looking ahead, Peoples Bancorp anticipates positive operating leverage and an improvement in return on average assets for 2025, with a projected net interest margin between 4.0% and 4.2%.
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