Peoples Bancorp (PEBK) Declares $0.15 Special Dividend; 0.5% Yield

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Peoples Bancorp Announces Fourth Quarter Earnings Results, Annual Earnings Results and a Special Cash Dividend

January 23, 2020 1:07 PM EST

NEWTON, NC / ACCESSWIRE / January 23, 2020 / Peoples Bancorp of North Carolina, Inc. (NASDAQ: PEBK), the parent company of Peoples Bank, reported fourth quarter and year to date earnings results with highlights as follows:

Fourth quarter highlights:

Net earnings were $3.0 million or $0.50 basic and diluted net earnings per share for the three months ended December 31, 2019, as compared to $3.4 million or $0.57 basic and diluted net earnings per share for the same period one year ago.The Company redeemed $5.0 million of outstanding trust preferred securities in December... More