secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES BANCORP INC (PEBO)
CIK:        0000318300
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000318300-24-000371
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Bancorp Q3 net income $31.7M; tangible book value rises to $20.29
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- Net income of $31.7M for Q3 2024, essentially flat vs $31.9M in Q3 2023.
- Net interest income $88.9M, down 4.6% YoY from $93.3M; non-interest income $24.8M, up 6.8%.
- Efficiency ratio improved to 55.1% from 58.4% in Q3 2023, driven by lower non-interest expense.
- Tangible book value per share $20.29, up 22.8% from $16.52 a year ago.
- Return on average tangible equity 19.4% vs 23.0% prior year; provisions for credit losses $6.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318300/000031830024000371/0000318300-24-000371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318300/000031830024000371/pebo-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000318300-24-000371

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