Welcome to our dedicated page for People Bncp Nc news (Ticker: PEBK), a resource for investors and traders seeking the latest updates and insights on People Bncp Nc stock.
People Bancorp of North Carolina Inc (PEBK) provides essential financial services through its subsidiary Peoples Bank, serving communities across multiple North Carolina regions. This news hub offers investors and stakeholders centralized access to official announcements and market-moving developments.
Track critical updates including quarterly earnings reports, strategic initiatives, leadership changes, and regulatory filings. Our curated collection ensures timely access to press releases detailing loan portfolio performance, dividend declarations, and community banking expansions.
Key focus areas include updates on commercial lending activities, deposit growth trends, and credit quality metrics. Users will find information about branch network developments, digital banking enhancements, and corporate governance matters relevant to regional banking operations.
Bookmark this page for streamlined monitoring of PEBK's financial trajectory. Check regularly for verified updates directly from company sources, ensuring informed decision-making based on authoritative information.
Peoples Bancorp (Nasdaq:PEBK) has declared a regular cash dividend of $0.20 per share for the third quarter of 2025. The dividend will be paid on September 15, 2025 to shareholders of record on September 3, 2025.
Peoples Bank, the company's wholly-owned subsidiary, operates 15 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, and Iredell Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Peoples Bancorp (NASDAQ:PEBK) reported strong Q2 2025 financial results, with net earnings of $5.2 million ($0.97 per share), up from $4.9 million ($0.93 per share) in Q2 2024. The company's net interest margin improved to 3.57% from 3.35% year-over-year.
For the first half of 2025, net earnings reached $9.5 million ($1.79 per share), compared to $8.8 million in H1 2024. Total loans grew to $1.16 billion, while deposits increased to $1.51 billion. The bank maintained strong asset quality with non-performing assets at just 0.28% of total assets.
Core deposits, representing 90.05% of total deposits, stood at $1.36 billion. The company's allowance for credit losses was $9.8 million, or 0.85% of total loans, reflecting stable credit quality.
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has declared its regular quarterly cash dividend of $0.20 per share for Q2 2025. The dividend will be paid on June 13, 2025 to shareholders of record as of June 3, 2025.
The company operates through its wholly-owned subsidiary, Peoples Bank, which maintains 16 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties. Additionally, the bank operates loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Peoples Bancorp (NASDAQ:PEBK) reported strong Q1 2025 financial results with net earnings of $4.3 million ($0.82 per share), up from $3.9 million ($0.74 per share) in Q1 2024. The bank saw improvements in key metrics including:
- Net interest income increased to $13.9 million from $13.3 million year-over-year
- Total loans grew to $1.15 billion vs $1.14 billion in December 2024
- Total deposits reached $1.52 billion, up from $1.48 billion in December 2024
- Net interest margin improved to 3.51% from 3.33% year-over-year
The bank maintained strong asset quality with non-performing assets at 0.30% of total assets. Cash dividends were $0.36 per share for Q1 2025, compared to $0.35 in the prior year period.
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has announced a new stock repurchase program authorized by its Board of Directors. The program allocates up to $3.0 million to repurchase the company's common stock in open market or privately-negotiated transactions.
As of December 31, 2024, the company reported total assets of $1.65 billion and shareholders' equity of $130.6 million. The timing and amount of share repurchases will be determined by management based on market conditions and can be suspended at any time without prior notice.
Peoples Bank currently operates 16 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has announced its regular cash dividend for the first quarter of 2025. The company will distribute $0.20 per share to shareholders of record on March 3, 2025, with the payment scheduled for March 14, 2025.
The company operates through its wholly-owned subsidiary, Peoples Bank, which maintains 16 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties. Additionally, the bank operates loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Shareholders are invited to participate in the Company's Dividend Reinvestment and Stock Purchase Plan, with support available through their transfer agent, Broadridge Corporate Issuer Solutions.
Peoples Bancorp (NASDAQ:PEBK) reported strong financial results for Q4 and full year 2024. Q4 net earnings increased to $3.6 million ($0.67 per share) from $3.4 million in Q4 2023. Full-year 2024 net earnings rose to $16.4 million ($3.08 per share) from $15.5 million in 2023.
Key metrics showed positive trends: total loans grew to $1.14 billion (up from $1.09 billion), total deposits increased to $1.48 billion (from $1.39 billion), and core deposits represented 90.17% of total deposits. The net interest margin was 3.39% in Q4 2024, up from 3.32% in Q4 2023, though the full-year margin decreased to 3.36% from 3.51%.
Non-performing assets slightly increased to 0.27% of total assets, while cash dividends rose to $0.92 per share for 2024, compared to $0.91 in 2023.
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has announced a special cash dividend of $0.16 per share, payable on February 14, 2025, to shareholders of record as of February 3, 2025. The company operates 16 banking offices across North Carolina, including locations in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
Shareholders are invited to participate in the company's Dividend Reinvestment and Stock Purchase Plan, with support available through designated contact channels.
Peoples Bancorp of North Carolina (Nasdaq: PEBK) has declared a regular cash dividend of $0.19 per share for the fourth quarter of 2024. The dividend will be paid on December 13, 2024 to shareholders of record on December 3, 2024. The company operates through its subsidiary, Peoples Bank, which maintains 16 banking offices across North Carolina in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties, along with loan production offices in Lincoln, Mecklenburg, Rowan, and Forsyth Counties.
iRhythm Technologies (NASDAQ:IRTC) presented five new studies at the American Heart Association's 2024 Scientific Sessions, focusing on three key areas of long-term continuous monitoring (LTCM): digital patient engagement, arrhythmia patterns during sleep/activity, and healthcare economic impact. Key findings showed that digital tools improved device return compliance to 94.8% when both app and text messaging were used, compared to 74.6% without digital intervention. The new Zio monitor demonstrated 14% better wear comfort than its predecessor. A significant cost analysis revealed higher healthcare costs for arrhythmia patients with diabetes and COPD, suggesting potential savings through early detection.
FAQ
What is the current stock price of People Bncp Nc (PEBK)?
What is the market cap of People Bncp Nc (PEBK)?
