Peoples Bancorp (PEBO) Tops Q1 EPS by 16c

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Go back to Peoples Bancorp (PEBO) Tops Q1 EPS by 16c

PEOPLES BANCORP INC. ANNOUNCES FIRST QUARTER 2022 RESULTS

April 26, 2022 6:00 AM EDT

MARIETTA, Ohio, April 26, 2022 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced results for the three months ended March 31, 2022.  Peoples reported net income of $23.6 million for the first quarter of 2022, representing earnings per diluted common share of $0.84.  In comparison, Peoples recognized earnings per diluted common share of $0.98 for the fourth quarter of 2021, and earnings per diluted common share of $0.79 for the first quarter of 2021. 

Non-core items, and the related tax effect of each, in net income primarily included acquisition-related expenses.  Non-core items negatively impacted earnings per diluted common share... More