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Peoples Bancorp Q1 Earnings Up

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Peoples Bancorp, Inc. (PEBC, PPBB,PEBO), on Tuesday, reported an increase in the first quarter compared with the previous year.

For the first quarter, net income increased to $29.01 million from $24.34 million in the previous year.

Earnings per share were $0.81 versus $0.68 last year.

Net interest income increased to $90.42 million from $85.26 million in the previous year.

Noninterest income increased to $28.25 million from $27.10 million in the prior year.

Deposits increased to $7.65 billion from $7.74 billion in the same period last year.

Loans and leases surged to $6.77 billion from $6.43 billion in the prior year.

In the pre-market trading, Peoples Bancorp is 2.39% higher at $35.57 on the Nasdaq.

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