Peoples Bancorp Q1 net income $26.6M up 13% YoY; PPNR rises 66%

PEOPLES BANCORP INC

2023-Q1 EPS reported $0.94 revenue$18,905,000

Net income of $26.56M ($0.95 diluted EPS); adjusted net income $28.72M.
Total revenue (net interest+non-interest) $91.9M, up from $74.4M YoY.
Pre-provision net revenue $37.64M vs $22.73M a year ago, up 66%.
Tangible book value per share $17.37, up 7% from $16.23 at Dec 31.
Efficiency ratio improved to 57.78% from 66.79% in Q1 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PEOPLES BANCORP INC reported financial results for the quarter ended March 31, 2023.

Period: the quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On April 25, 2023, management of Peoples Bancorp Inc. (“Peoples”) conducted a facilitated conference call at approximately 11:00 a.m., Eastern Daylight Time, to discuss results of operations for the quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0000318300-23-000203

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