PEOPLES BANCORP INC. ANNOUNCES RESULTS FOR THE THIRD QUARTER 2026
Peoples Bancorp reported Q3 2026 net income of $32.6 million, or $0.91 diluted EPS, up from $0.83 a year ago and $0.78 in the linked quarter, despite $0.13 of non-core charges. Net interest margin expanded to 4.31% from 4.23%, net interest income rose $1.1 million sequentially, and the provision for credit losses fell to $3.6 million from $4.7 million; asset quality was broadly stable with NPAs down 10% QoQ, though classified loans rose 21% to 2.50% of loans. The bank sold $58.5 million of AFS securities at a $4.5 million loss to stay under $10 billion in assets ahead of the pending Citizens merger ($76.6 million) and the larger $728.1 million all-stock Capital Bancorp merger.
Key figures
- Eps
- 0.91
- Revenue
- $124.5M adjusted revenue (net interest income plus non-interest income excluding gains/losses)
- Nim
- 4.31%
- Roaa core
- 1.57%
- Net income
- 32606000
- Nim prior q
- 4.23%
- Total assets
- 9652095000
- Efficiency ratio
- 58.50%
- Capital deal value
- 728100000
- Net income prior q
- 27953000
- Noncore eps impact
- -$0.13
- Citizens deal value
- 76600000
- Net interest income
- 93842000
- Book value per share
- 34.15
- Efficiency ratio core
- 57.30%
- Net income year ago q
- 29476000
- Provision credit losses
- 3569000
- Tangible book value per share
- 23.35
- Aoci unrealized losses net of tax
- 99800000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.