What is the revenue and EPS growth rate for Peoples Bancorp year over year?

What were the key takeaways from Peoples Bancorp’s earnings call?

What is Peoples Bancorp's gross profit margin?

Did Peoples Bancorp beat or miss consensus estimates last quarter?

What guidance did Peoples Bancorp's management provide for the next earnings period?

What does Peoples Bancorp do and what are its main business segments?

What factors drove the changes in Peoples Bancorp's revenue and profit?

What is Peoples Bancorp's latest dividend and current dividend yield?

- **Q4 Results Strong Despite Headwinds**: EPS of $0.89 beat expectations, with full-year loan growth of 6% and fee-based income up 6%.
- **Leasing Challenges Offset by Strategy**: Small ticket lease charge-offs at 44bp, but high-balance leases reduced to $13M, with 2026 charge-off tapering expected.
- **2026 Outlook Positive**: Loan growth 3-5%, fee income $28-30M/Q, and net interest margin 4.0-4.2%, despite rate cuts.
- **Disciplined M&A Approach**: Focus on $3-5B deals in core markets, with no organic growth beyond $10B.

**【CEO Summary Section】**
- Q4 2025 diluted EPS of $0.89, up 7% from linked quarter, despite $0.04 impact from OREO sale and subordinated debt redemption. Full-year loan growth 6%, fee-based income up 6%, and book value per share increased 2%.
- Net charge-offs at 44 basis points (annualized), driven by small ticket leases, with $13M remaining in high-balance leases. Nonperforming loans rose $4M, but nonperforming assets declined due to OREO sale.
- 2026 outlook: loan growth 3-5%, fee-based income $28-30M/Q, net interest margin 4.0-4.2%, and reduced charge-offs in second half.

**【CFO Financial Commentary】**
- Q4 net interest margin 4.04%, down 4 basis points due to lower loan yields. Full-year net interest income up 2%, but margin down 7 basis points due to lower accretion income.
- Fee-based income increased 5% Q/Q and 6% Y/Y, driven by lease income and trust services. Noninterest expenses grew 3% Y/Y, with savings from subordinated debt redemption.
- Efficiency ratio 57.8% for Q4, 58.7% for full year. Capital ratios improved, with tangible equity to assets at 8.8%.

**【Q&A Key Highlights】**
- **Margin Guidance**: 4.0-4.2% for 2026, with 25bp rate cut expected to compress margin 3-4bp. Accretion contribution ~5bp for the year.
- **M&A Strategy**: Prefers $3-5B deals in Ohio, Kentucky, etc., but open to smaller transactions. No plans to exceed $10B organically.
- **North Star Leasing**: Charge-offs to plateau in first half, then decline. Portfolio reduced to $13M, with focus on higher-quality credits.
- **Operating Leverage**: Positive for 2026, despite rate cuts, driven by fee growth and expense control.
- **Capital Actions**: Share buybacks and dividend continuation. No immediate plans for major repositioning of securities portfolio.

Peoples Bancorp Inc. (PEBO) Q4 2025 Earnings Call Transcript

**【CEO Summary Section】**
- **Revenue Growth**: Annualized loan growth of 8% for the quarter, driven by commercial real estate and industrial loan balances. Total loan growth year-to-date 2025 was 6%, with expectations for 4-6% growth in 2026.
- **Net Interest Margin**: Core net interest margin expanded 5 basis points (excluding accretion income), marking the fifth consecutive quarterly increase. Full-year 2025 net interest margin expected between 4.0-4.2%.
- **Efficiency Ratio**: Improved to 57.1%, with plans to achieve positive operating leverage in 2026.
- **Capital Position**: Tangible equity to tangible assets ratio increased to 8.5%, with book value per share up 2%.
- **M&A Strategy**: Targeting $10 billion in assets by 2027 through organic growth, with patience for strategic acquisitions.

**【CFO Financial Commentary】**
- **Net Interest Income**: $420 million for the quarter, with core net interest margin expansion of 5 basis points. Noninterest expenses declined 1% due to lower professional fees.
- **Fee-Based Income**: Grew 7% year-to-date, driven by lease income and commercial loan swap fees.
- **Balance Sheet Management**: Reduced investment in lower-yielding securities by $75 million, reinvesting in higher-yielding assets. Deposit growth outpaced loan growth, with loan-to-deposit ratio at 88%.
- **Capital Allocation**: Buyback program active; dividend payout ratio maintained at ~30%. 

**【Q&A Key Highlights】**
- **Rate Cuts Impact**: Each 25 bps rate cut expected to reduce net interest margin by 3-4 basis points. Floating-rate loan repricing and deposit cost management to mitigate impact.
- **Loan Payoffs**: Anticipated $35-55 million in upgrades/payoffs in Q4 2025. 
- **Consumer Loan Performance**: Auto portfolio FICO average 746, with indirect lending losses at 71 basis points year-to-date.
- **M&A Activity**: Focus on strategic deals, with no immediate pressure to cross $10 billion threshold.
- **North Star Portfolio**: Charge-offs declining as high-balance accounts reduced by 50% year-over-year.

Peoples Bancorp Inc. (PEBO) Q3 2025 Earnings Call Transcript

- **Record Loan Growth**: 4% annualized loan growth in Q1, driven by commercial real estate and consumer lending.
- **Margin Expansion**: Core net interest margin +3 bps to 4.12%, deposit costs down 12 bps.
- **Dividend Growth**: 10th consecutive dividend increase to $0.41/share, tangible book value up 4%.
- **Tariff Resilience**: No material impact on loan demand despite national economic uncertainty.
- **Leasing Turnaround**: Charge-offs declining as expected, high-balance leases reduced by 80%.
- **M&A Focus**: Actively pursuing deals to cross $10B AUM, prioritizing strategic fit over speed.
- **Credit Strength**: Net charge-off rate 52 bps (vs. 61 bps Q4), non-performing assets down 6%.


**【CEO Summary Section】**
- Q1 2025 diluted EPS of $0.68, with 4% annualized loan growth driven by commercial real estate and consumer indirect lending.
- Core net interest margin expanded 3 bps to 4.12%, excluding accretion income.
- Deposit growth of 2% ($145M) supported by money market and governmental accounts, with core deposits up 3%.
- Book value per share increased 2% to $31.90, tangible book value up 4% to $20.68.
- 10th consecutive dividend increase to $0.41/share, annualized yield 5.95%.
- Expect 4-6% loan growth for 2025, positive operating leverage, and net interest margin of 4.0-4.2%.

**【CFO Financial Commentary】**
- Fee-based income grew 2%, driven by performance-based insurance commissions, offset by lower swap fees.
- Non-interest expenses up slightly due to $2M one-time costs (stock comp, health savings accounts).
- Efficiency ratio 60.7%, up from 59.6% Q4, due to higher expenses and lower accretion income.
- Deposit costs declined 12 bps, with retail CDs repriced 20 bps lower than Q4.
- Loan-to-deposit ratio stable at 83%, investment portfolio reduced $40M to 20.3% of assets.
- Target 2025 non-interest expense run rate of $69-71M/Q, excluding one-time items.

**【Q&A Key Highlights】**
- **Loan Growth Risks**: Tariffs have no material impact on loan demand; March 2025 indirect lending production highest on record.
- **Leasing Portfolio**: Charge-offs declining as expected ($7.5M Q4 to $5.4M Q1), high-balance leases reduced to $8-10M from $50M+.
- **M&A Strategy**: Actively evaluating deals, targeting $10B+ AUM; no compulsion to act quickly, focusing on strategic fit.
- **Margin Sensitivity**: Neutral asset sensitivity; 25 bps rate cuts in 2025 expected to have minimal impact on NIM.
- **Share Buybacks**: Actively repurchasing shares under existing plan, with $15-20M/month investment portfolio runoff for loan growth.
- **Credit Quality**: Annualized net charge-off rate 52 bps (vs. 61 bps Q4), non-performing assets down $3M, criticized loans down $14M.


Peoples Bancorp (PEBO)-22 Apr 25-2025 Q1 Earnings call transcript

- **Revenue Outperformance**: FY2024 EPS of $3.31 vs. $3.30 consensus, driven by 3% net interest income growth and 10% fee-based income expansion.
- **Portfolio Shift**: C&I loans up 21% of portfolio, CRE down to 34%, improving risk diversification.
- **Credit Stability**: Book value up 5%, criticized loans at 25% of capital, with net charge-offs at 37 basis points (vs. 15bp in 2023).
- **2025 Guidance**: 4-6% loan growth, 4.0-4.2% net interest margin, and modest decline in charge-off rate.
- **Deposit Efficiency**: Deposit costs lagged Fed hikes by 1.8%, with CD specials at 4% vs. 5.25% in 2023.
- **Strategic Focus**: Talent acquisition in core markets, open to M&A over $10B, with no immediate pressure.


**【CEO Summary Section】**
- **Revenue Performance**: Diluted EPS of $0.76 for Q4 and $3.31 for FY2024, beating consensus estimates. Net interest income grew 3% year-over-year, with a net interest margin of 4.21%, outperforming peers. Fee-based income increased 10%, driven by commercial loan swaps and lease income.
- **Loan Portfolio Shift**: Commercial and Industrial (C&I) loans grew $163 million (21% of portfolio), while Commercial Real Estate (CRE) declined to 34%. Loan-to-deposit ratio improved to 84%.
- **Credit Quality**: Book value per share rose 5% to $31.26, tangible book value up 10% to $19.94. Criticized loans at 25% of risk-based capital, down from 27%. Annualized net charge-off rate at 37 basis points, driven by small-ticket leasing adjustments.
- **2025 Outlook**: Guidance for 4-6% loan growth, mid-single-digit fee-based income growth, and stabilization of net interest margin between 4.0-4.2%. Expect modest decline in net charge-off rate.

**【CFO Financial Commentary】**
- **Net Interest Income**: Q4 net interest income declined 3% due to lower accretion income ($4.9M vs. $8.1M). Full-year net interest income up 3%, with margin compression from slower deposit repricing.
- **Cost Management**: Efficiency ratio improved to 58% for FY2024 (vs. 58.7% in 2023). Deposit costs declined 6 basis points in Q4, with CD specials at 4% vs. 4.75-5.25% in 2023.
- **Balance Sheet**: Loan growth of 5% annualized in Q4, with C&I up $97M and residential real estate up $57M. CRE declined $24M due to payoffs. Lease balances fell $26M due to charge-offs.
- **Capital Position**: Tangible equity to tangible assets ratio at 8.01%, up from 7.33%. Dividend yield of 5.11% maintained.

**【Q&A Highlights】**
- **Loan Growth Timing**: Q4 end-of-period growth (5% annualized) vs. lower average loans due to December production timing. C&I growth broad-based across markets.
- **Deposit Repricing**: Deposit rates lagged Fed hikes by 1.8% since 2021. Expect continued cost declines, with CD specials at 4%.
- **Credit Trends**: Asset quality strong outside leasing, with commercial charge-offs at 2 basis points. Consumer indirect portfolio charge-off rate declining.
- **Interest Rate Sensitivity**: Neutral position with 1-2 basis point impact per 25bp rate cut. Fee-based income growth expected in mid-single digits.
- **M&A Activity**: Active in talent acquisition, adding 9 commercial bankers in core markets. Open to strategic deals over $10B, but no immediate urgency.


Peoples Bancorp (PEBO)-21 Jan 25-2024 Q4 Earnings call transcript

Peoples Bancorp (PEBO)-22 Oct 24-2024 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Jul 24-2024 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Apr 24-2024 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Jan 24-2023 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-24 Oct 23-2023 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-25 Jul 23-2023 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-25 Apr 23-2023 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-24 Jan 23-2022 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-26 Oct 22-2022 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-26 Jul 22-2022 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-26 Apr 22-2022 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-25 Jan 22-2021 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-26 Oct 21-2021 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-20 Jul 21-2021 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-20 Apr 21-2021 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-26 Jan 21-2020 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-20 Oct 20-2020 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-21 Jul 20-2020 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-21 Apr 20-2020 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-21 Jan 20-2019 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-22 Oct 19-2019 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Jul 19-2019 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Apr 19-2019 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-22 Jan 19-2018 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Oct 18-2018 Q3 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-24 Jul 18-2018 Q2 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-24 Apr 18-2018 Q1 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-23 Jan 18-2017 Q4 Earnings call transcript

Peoples Bancorp, Inc. (PEBO)-24 Oct 17-2017 Q3 Earnings call transcript

Actual											0.0029	0.2744	0.5628	1.1066	0.8286	0.5803	-0.2055	1.0034	0.8811	0.9677	1.0075	0.9845	1.0597	1.125	1.1475	1.0594	0.84	0.8376	0.8971	0.8596	0.6924	0.5996	0.9345	0.9578
Forecast											0.5217	0.1033	0.4757	0.7029	0.7283	0.69	0.6057	0.7457	0.68	0.7357	0.8283	0.9367	0.9086	0.7643	0.93	0.9567	0.8	0.845	0.8245	0.7532	0.73	0.7729	0.8257	0.8786	0.7957
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-99.44%	+165.63%	+18.31%	+57.43%	+13.77%	-15.90%	-133.93%	+34.56%	+29.57%	+31.53%	+21.63%	+5.10%	+16.63%	+47.19%	+23.39%	+10.73%	+5.00%	-0.88%	+8.81%	+14.13%	-5.15%	-22.42%	+13.18%	+9.01%	0.00%

PEBO

PEBO fundamentals

PEBO Q1 2026 Earnings Preview

Earnings Call

You can ask Aime

PEBO

PEBO fundamentals

PEBO Q1 2026 Earnings Preview

Earnings Call

PEBO Earnings Call Summary for Q1/2026Upcoming11:00 AM on Apr 21, 2026

PEBO Earnings Call Summary for Q4/202511:00 AM on Jan 20, 2026

PEBO Earnings Call Summary for Q3/202511:00 AM on Oct 21, 2025

PEBO Earnings Call Summary for Q2/202511:00 AM on Jul 22, 2025

PEBO Earnings Call Summary for Q1/202511:00 AM on Apr 22, 2025

You can ask Aime