Peoples Bancorp reports second quarter 2025 financial results

Published 28/07/2025, 19:36
Peoples Bancorp reports second quarter 2025 financial results

Peoples Bancorp Inc . (NASDAQ:PEBO) reported its financial results for the quarter ended June 30, 2025, as disclosed in a press release statement filed with the Securities and Exchange Commission. According to InvestingPro analysis, the company currently appears undervalued based on its Fair Value assessment, making it an interesting prospect among regional banks. The stock trades at an attractive P/E ratio of 10.01, with analysts setting price targets between $33 and $36.

For the three months ended June 30, 2025, the company reported net income of $21.2 million. This compares to $29.0 million for the same period in 2024 and $24.3 million for the first quarter of 2025. Net interest income for the quarter was $87.6 million, while total non-interest income was $26.9 million. The company maintains a strong dividend profile, with InvestingPro data showing an impressive 52-year streak of consistent dividend payments and a current yield of 5.58%.

Total (EPA:TTEF) non-interest expense for the quarter was $70.4 million, with adjusted total non-interest expense, which excludes amortization of other intangible assets, at $68.2 million. The efficiency ratio for the quarter was 59.25%.

On a per share basis, tangible book value per common share was $21.18 as of June 30, 2025. The company had 35,673,721 common shares outstanding at the end of the quarter.

Total assets as of June 30, 2025, were $9.54 billion, and total stockholders’ equity was $1.15 billion. Tangible equity totaled $755.6 million, representing 8.26% of tangible assets.

Return on average assets for the quarter was 0.92%, while return on average equity was 7.42%. Return on average tangible equity was 12.31% for the same period.

The company also reported pre-provision net revenue of $44.4 million for the quarter. The provision for credit losses during the period was $16.6 million.

These results were discussed by Peoples Bancorp management during a conference call held on July 22, 2025. A transcript of the call was included as an exhibit in the SEC filing. For deeper insights into PEBO’s financial health, which InvestingPro rates as "GOOD," and access to additional ProTips, investors can explore the comprehensive Pro Research Report, available as part of the platform’s coverage of 1,400+ US equities.

All financial data and statements are based on the company’s press release and SEC filing.

In other recent news, Peoples Bancorp reported its financial results for the second quarter of 2025, showcasing a mixed performance. The company posted earnings per share (EPS) of $0.59, which fell short of the forecasted $0.77, resulting in a 23.38% negative surprise. However, revenue slightly exceeded expectations, reaching $114.46 million compared to the anticipated $113.27 million. Despite the EPS miss, DA Davidson reiterated its Buy rating on Peoples Bancorp stock with a price target of $35.00. The firm noted that the bank’s stronger-than-expected pre-provision net revenue, driven by better net interest income and fees, offset higher operating expenses. Additionally, Peoples Bancorp’s net interest margin expanded by 3 basis points quarter-over-quarter to 4.15%, and loan growth was strong at 11%. These developments have been crucial for investors looking to assess the company’s financial health and future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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