Peoples Bancorp Q3 net income $31.7M ($0.89 EPS); declares $0.40 dividend

PEOPLES BANCORP INC

2024-Q3 EPS reported $2.55 revenue$62,925,000

Net income $31.7M ($0.89 diluted EPS), vs $29.0M ($0.82) linked quarter and $31.9M ($0.90) year ago.
Net interest margin 4.27%, up 9 bps from linked quarter; accretion income $8.1M added 39 bps.
Provision for credit losses $6.7M, up from $5.7M linked quarter, driven by net charge-offs.
Board declared quarterly dividend $0.40 per common share, payable to shareholders of record as of Nov 1, 2024.

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