Peoples Bancorp (PEBO) Tops Q4 EPS by 36c

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Peoples Bancorp Inc. Announces 4th Quarter And Annual Results For 2020

January 26, 2021 6:53 AM EST

MARIETTA, Ohio, Jan. 26, 2021 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced results for the quarter and year ended December 31, 2020.  Net income totaled $20.6 million for the fourth quarter of 2020, representing record quarterly results and earnings per diluted common share of $1.05.  In comparison, earnings per diluted common share were $0.51 for the third quarter of 2020 and $0.72 for the fourth quarter of 2019.  For the full year, net income was $34.8 million in 2020 versus $53.7 million  in 2019, representing earnings per diluted common share of $1.73 and $2.63, respectively.

The record quarterly earnings were largely driven by a... More