Peoples Bancorp (PEBO) Reports Q2 EPS of $0.41

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Peoples Bancorp Inc. Reports Second Quarter Results

July 24, 2018 7:02 AM EDT

MARIETTA, Ohio, July 24, 2018 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced results for the quarter ended June 30, 2018.  Net income totaled $7.9 million for the second quarter of 2018, representing earnings per diluted common share of $0.41.  During the second quarter of 2018, earnings per diluted common share were negatively impacted by $0.25 per share for acquisition-related costs, and were positively impacted by $0.04 per share due to the release of a tax valuation allowance.  In comparison, earnings per diluted common share were $0.64 for the first quarter of 2018 and $0.53 for the second quarter of 2017.  For the six... More