Peoples Bancorp Q3 record net income $31.9M, EPS $0.90; dividend $0.39

PEOPLES BANCORP INC

2023-Q3 EPS reported $2.47 revenue$58,824,000

Net income $31.9M ($0.90 diluted EPS) vs $21.1M ($0.64) linked quarter; record quarterly net income.
Net interest income $93.3M, up 10% QoQ; net interest margin 4.70%, +16 bps.
Provision for credit losses $4.1M (vs $8.0M linked); net charge-offs 0.15% of avg loans.
Limestone merger acquisition-related expenses $4.4M; pension termination charge $2.4M.
Board declared quarterly dividend of $0.39 per common share, unchanged from prior.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PEOPLES BANCORP INC reported the third quarter of 2023 results: net income $31.9 million, EPS $0.90.

Period: the third quarter of 2023
Net income: $31.9 million
EPS: $0.90
Result: reported results

Exact text from the filing

Peoples reported net income of $31.9 million for the third quarter of 2023, representing earnings per diluted common share of $0.90.

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Source: SEC EDGAR

accession 0000318300-23-000395

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