Peoples Bancorp reports Q3 EPS 89c, consensus 82c

Reports Q3 revenue $114.89M, consensus $111.68M. Reports Q3 tangible book value per share $20.29. Reports Q3 CET1 capital ratio 11.79%. Reports Q3 net charge-offs .38%. “We are very pleased with our results for the first nine months of 2024. We saw core improvements in deposit growth, net interest margin, and fee-based income,” said Tyler Wilcox, President and Chief Executive Officer. “Our total stockholders’ equity to total assets ratio improved to 12.31% compared to 11.68% and our tangible equity to tangible assets ratio improved to 8.25% from 7.61% compared to the prior quarter. We continue to focus on driving shareholder value through consistent financial performance.”