Peoples Bancorp (PEBO) Tops Q4 EPS by 4c

Peoples Bancorp (NASDAQ: PEBO) reported Q4 EPS of $0.71, $0.04 better than the analyst estimate of $0.67.

"We finished 2018 with record net income and a return on average assets of 1.38% for the quarter," said Chuck Sulerzyski, President and Chief Executive Officer. "We completed our first bank acquisition in over three years during 2018, and announced a pending bank merger that is expected to close during the second quarter of 2019. We had meaningful growth in loans during the year, continued to improve our efficiency and had solid fee income growth, while continuing to build on our infrastructure from a human capital and technology perspective. We have comprehensive plans to carry the momentum from our accomplishments into the new year and remain committed to continual improvement throughout 2019."

For earnings history and earnings-related data on Peoples Bancorp (PEBO) click here.

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