Peoples Bancorp (PEBO) Tops Q1 EPS by 1c

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Go back to Peoples Bancorp (PEBO) Tops Q1 EPS by 1c

Peoples Bancorp Inc. Reports Record Quarterly Net Income

April 25, 2017 7:44 AM EDT

MARIETTA, Ohio, April 25, 2017 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced results for the quarter ended March 31, 2017.  Net income totaled $8.8 million for the first quarter of 2017, representing earnings per diluted common share of $0.48.  In comparison, reported earnings per diluted common share were $0.41 for the fourth quarter of 2016 and $0.44 for the first quarter of 2016.

"The first quarter of 2017 was a good start to the year.  We generated record quarterly net income and had a return on average assets of 1.04%.  We also reported a return on average stockholders' equity of 8.14%... More