Peoples Bancorp reports Q4 net income $26.9M, full year $117.2M; tangible book value $19.94

PEOPLES BANCORP INC

2024-FY EPS reported $3.31 revenue$84,776,000

Q4 2024 net income of $26.9M ($0.76 implied EPS) vs $33.8M in Q4 2023; full year net income $117.2M vs $113.4M in 2023.
Net interest income Q4 $86.5M, non-interest income $25.1M; total revenue ~$111.6M for the quarter.
Tangible book value per share rose to $19.94 at Dec 31, 2024, up from $18.16 a year ago.
Efficiency ratio adjusted for non-core items was 58.57% in Q4 2024 vs 54.87% in Q4 2023.
Pre-provision net revenue (PPNR) declined to $42.9M in Q4 2024 from $47.0M in Q4 2023.

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