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Peoples Bancorp Inc. (NASDAQ: PEBO) is a diversified financial services holding company based in Marietta, Ohio, since 1902. With $9.3 billion in total assets as of March 31, 2024, Peoples provides comprehensive banking, trust and investment, insurance, premium financing, and equipment leasing solutions through its subsidiaries. The company operates 152 locations, including 133 full-service bank branches across Ohio, West Virginia, Kentucky, Virginia, Washington D.C., and Maryland.
Peoples Bancorp Inc.'s core banking services include demand deposit accounts, savings accounts, real estate mortgage loans, merchant credit card transaction processing services, corporate and personal trust services, life, health, property, and casualty insurance products, and brokerage services. Additionally, it offers telephone and internet-based banking through personal computers and mobile devices.
Peoples Bancorp Inc. trades on the NASDAQ Global Select Market® under the symbol “PEBO” and is a member of the Russell 3000 index of U.S. publicly traded companies. The company has shown consistent financial growth, driven by strategic mergers, such as the Limestone Bancorp merger completed on April 30, 2023. This merger added significant assets and strengthened its market position.
For the first quarter of 2024, Peoples reported net income of $29.6 million, representing earnings per diluted common share of $0.84. The quarter saw a 19% increase in net interest income compared to the same period in 2023, driven by market interest rate increases, the Limestone merger, and organic growth. The company continues to focus on asset quality and efficient management, maintaining a stable financial condition despite fluctuations in market conditions.
Peoples Bancorp Inc. is committed to providing a high level of customer service and enhancing shareholder value. The company has a strong tradition of community involvement, financial stability, and continuous growth. For more detailed information about its operations, financial performance, and services, visit www.peoplesbancorp.com.
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