Peoples Bancorp (PEBO) Tops Q1 EPS by 3c

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Go back to Peoples Bancorp (PEBO) Tops Q1 EPS by 3c

Peoples Bancorp Inc. Reports Record Quarterly Net Income

April 26, 2016 7:46 AM EDT

MARIETTA, Ohio, April 26, 2016 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced results for the quarter ended March 31, 2016.  Net income totaled $8.0 million for the first quarter of 2016, representing earnings per diluted common share of $0.44.  In comparison, earnings per diluted common share were $0.14 for the fourth quarter of 2015 and a loss per diluted common share of $0.04 was reported for the first quarter of 2015.

"We had a good start to the year.  Our annualized loan growth for the quarter was in line with our expectations and our reported efficiency ratio was... More