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Peoples Bancorp: Q1 Earnings Snapshot

April 26, 2022 GMT

MARIETTA, Ohio (AP) _ Peoples Bancorp Inc. (PEBO) on Tuesday reported first-quarter profit of $23.6 million.

The Marietta, Ohio-based bank said it had earnings of 84 cents per share. Earnings, adjusted for non-recurring costs, were 88 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The financial services and products company posted revenue of $77.5 million in the period. Its revenue net of interest expense was $74.8 million, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $75 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEBO at https://www.zacks.com/ap/PEBO