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Frances (BCBA:BBARm) A. Skinner, a director at Peoples Bancorp Inc (NASDAQ:PEBO), a $1.03 billion regional bank trading below its InvestingPro Fair Value, has recently purchased a total of 300 shares of common stock in three separate transactions. The purchases, all executed on July 29, 2025, were priced between $29.4 and $29.69, amounting to a total investment of $8,862.
The transactions involved the acquisition of 100 shares at $29.69, another 100 shares at $29.53, and a final 100 shares at $29.4. Following these transactions, Skinner directly owns 6,511.318 shares of Peoples Bancorp Inc.
In other recent news, Peoples Bancorp reported its financial results for the second quarter of 2025. The company posted net income of $21.2 million, which is a decrease compared to $29.0 million in the same period of 2024 and $24.3 million in the first quarter of 2025. Peoples Bancorp’s revenue for the quarter was $114.46 million, slightly exceeding analyst expectations of $113.27 million. Despite this revenue beat, earnings per share (EPS) were $0.59, falling short of the anticipated $0.77.
DA Davidson reiterated a Buy rating for Peoples Bancorp, maintaining a price target of $35.00, despite the EPS miss. The firm highlighted stronger-than-expected pre-provision net revenue, with improved net interest income and fees. The company’s net interest margin increased by 3 basis points to 4.15%, and loan growth was strong at 11%. These developments indicate a mixed but noteworthy performance for Peoples Bancorp in recent times.
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