secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP INC (PEBO)
CIK:        0000318300
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0000318300-24-000176
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp Q1 2024 EPS $0.84, net income $29.6M; dividend raised to $0.40
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- Net income $29.6M ($0.84 diluted EPS) vs $33.8M ($0.96) in Q4 2023 and $26.6M ($0.94) in Q1 2023.
- Net interest income $86.6M, down 2% linked quarter; NIM 4.27% vs 4.44% linked quarter.
- Provision for credit losses $6.1M (EPS impact -$0.14) vs $1.3M linked quarter, driven by macro deterioration and loan growth.
- Quarterly dividend raised to $0.40 per share from prior amount, marking ninth consecutive annual increase.
- Period-end loans grew $43.6M (3% annualized) vs Dec 2023; deposits increased $174.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318300/000031830024000176/0000318300-24-000176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318300/000031830024000176/pebo-20240423.htm
  HTML page:      https://secwatch.observer/filing/0000318300-24-000176

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