Peoples Bancorp (PEBO) Tops Q1 EPS by 7c

Peoples Bancorp (NASDAQ: PEBO) reported Q1 EPS of $0.79, $0.07 better than the analyst estimate of $0.72.

"The year is off to a great start," said Chuck Sulerzyski, President and Chief Executive Officer. "We believe the economy is improving, which is reflected in our results for the quarter. We also announced two acquisitions at the end of the quarter that aligns with our strategy to deploy capital in a prudent manner. North Star Leasing joined Peoples as of April 1, 2021 and will meaningfully add to our net interest income and margin. When completed, the Premier Financial Bancorp deal is expected to provide a natural extension of our existing markets, as well as entry into attractive markets within Virginia, Maryland and Washington, D.C."

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

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