Peoples Bancorp director Schneeberger sells $30,827 in stock

Published 09/09/2025, 14:30
Peoples Bancorp director Schneeberger sells $30,827 in stock

Director Carol A. Schneeberger of Peoples Bancorp Inc (NASDAQ:PEBO), a $1.09 billion regional bank trading below book value, sold 1,000 shares of common stock on September 8, 2025, at a price of $30.8273, for a total value of $30,827. According to InvestingPro analysis, the stock is currently undervalued. According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed under a Rule 10b5-1 trading plan. Following the sale, Schneeberger directly owns 24,330 shares of Peoples Bancorp. The bank stands out for its impressive 52-year streak of maintaining dividend payments, currently yielding 5.28%. InvestingPro subscribers can access additional insights, including 6 more ProTips and a comprehensive Pro Research Report analyzing this dividend champion’s fundamentals.

In other recent news, Peoples Bancorp reported its financial results for the second quarter of 2025, revealing a net income of $21.2 million. This figure is a decrease from $29.0 million in the same period in 2024 and $24.3 million in the first quarter of 2025. The company posted earnings per share of $0.59, which fell short of the forecasted $0.77. However, revenue for the quarter was slightly above expectations, coming in at $114.46 million compared to the anticipated $113.27 million. Net interest income stood at $87.6 million, with total non-interest income reaching $26.9 million. Despite the earnings per share miss, DA Davidson has reiterated its Buy rating on Peoples Bancorp, maintaining a price target of $35.00. The bank’s net interest margin improved by 3 basis points to 4.15%, alongside strong loan growth of 11%. These developments provide investors with a mixed yet informative picture of the company’s recent performance.

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