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Carol A. Schneeberger, a director at Peoples Bancorp Inc (NASDAQ:PEBO), sold 1,000 shares of common stock on July 8, 2025, at a price of $31.7649, for a total transaction value of $31,764. The transaction comes as the $1.1 billion market cap bank shows strong financial health, with InvestingPro analysis indicating the stock is currently undervalued. The company maintains a solid 5.1% dividend yield and trades below book value at 0.98x.
The sale was executed under a Rule 10b5-1 trading plan. Following the transaction, Schneeberger directly owns 25,330 shares of Peoples Bancorp Inc. The company has maintained dividend payments for 52 consecutive years, demonstrating remarkable financial stability. For deeper insights into PEBO’s valuation and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In other recent news, Peoples Bancorp Inc. reported its first-quarter financial results, showing a slight miss on earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.68, falling short of the $0.73 forecast, and revenue came in at $112.35 million, slightly below the expected $112.77 million. Despite these misses, the bank’s tangible book value per share increased to $20.68, and its return on average tangible equity ratio was 14.66%. Analyst Terry McEvoy from Stephens adjusted the price target for Peoples Bancorp to $33.00 from $37.50, maintaining an Equal Weight rating due to concerns about elevated credit costs in the small ticket leasing portfolio.
The bank’s management anticipates that credit loss provisions will remain high in the second quarter of 2025 before normalizing. However, there was a decline in criticized and nonperforming loans in the first quarter of 2025. Peoples Bancorp’s net interest income was reported at $85.5 million, with a favorable net interest margin performance contributing to a net interest income beat. The company is also focused on surpassing $10 billion in assets, engaging in merger and acquisition discussions while maintaining a strategic approach. Peoples Bancorp was recognized as one of America’s Best Banks 2025 by Forbes, highlighting its commitment to strategic growth and financial resilience.
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