earnings
confidence high
sentiment positive
materiality 0.80
Peoples Bancorp reports record annual net income of $101.3M for 2022; Q4 EPS $0.95
PEOPLES BANCORP INC
2022-FY EPS reported
$3.60
revenue$69,956,000
- Full-year 2022 net income $101.3M ($3.60 diluted EPS) vs $47.6M ($2.15) in 2021.
- Q4 2022 net income $26.8M ($0.95 diluted EPS); net interest margin improved 107 bp YoY to 4.44%.
- Board declared quarterly dividend of $0.38 per share, payable to shareholders of record Feb 10, 2023.
- Pending all-stock acquisition of Limestone Bancorp valued at ~$208.2M, expected close Q2 2023.
- Net charge-offs were $2.1M in Q4, up from $1.3M in Q4 2021; criticized loans increased $26.6M.