PEOPLES BANCORP INC PEBO
Peoples Bancorp Inc. is a financial holding company, which was organized in 1980. Peoples operates principally through its wholly-owned subsidiary, Peoples Bank, an Ohio state-chartered bank that was first chartered in 1902. Peoples' other wholly-owned operating subsidiary is Peoples Investment Company ("PIC"). Peoples also holds all of the common securities of NB&T Statutory Trust III, FNB Capital Trust One, Ascencia Statutory Trust I, and Porter Statutory Trusts II-IV. Peoples Bank's operating subsidiaries include Peoples Insurance Agency, LLC ("Peoples Insurance") and Vantage Financial, LLC ("Vantage"), a nationwide provider of equipment financing.
Peoples makes available a complete line of commercial and consumer banking, trust and investment, insurance, premium financing solutions, equipment leases and equipment financing agreements through its financial subsidiaries – Peoples Bank, Peoples Insurance and Vantage. These products and services include the following:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.7M | $84.8M | $79.5M | $70.0M | $184.8M | $157.1M | $170.1M | $151.3M | $126.5M | $115.4M |
| Operating income | $134.8M | $149.5M | $145.1M | $128.6M | $57.0M | $42.6M | $65.4M | $54.9M | $57.2M | $45.3M |
| Interest expense | $355.2M | $348.7M | $339.4M | $253.4M | $12.2M | $18.2M | $29.3M | $21.7M | $13.1M | $10.6M |
| Pre-tax income | $134.8M | $149.5M | $145.1M | $128.6M | $57.0M | $42.6M | $65.4M | $54.9M | $57.2M | $45.3M |
| Income tax | $28.0M | $32.3M | $31.8M | $27.3M | $9.4M | $7.9M | $11.7M | $8.7M | $18.7M | $14.1M |
| Net income | $106.8M | $117.2M | $113.4M | $101.3M | $47.6M | $34.8M | $53.7M | $46.3M | $38.5M | $31.2M |
| EPS, basic | 3.03 | 3.34 | 3.46 | 3.61 | 2.17 | 1.74 | 2.65 | 2.42 | 2.12 | 1.72 |
| EPS, diluted | 2.99 | 3.31 | 3.44 | 3.60 | 2.15 | 1.73 | 2.63 | 2.41 | 2.10 | 1.71 |
| Shares, diluted (wtd. avg.) | $35.4M | $35.1M | $32.8M | $28.0M | $22.0M | $19.8M | $20.3M | $19.1M | $18.2M | $18.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $189.0M | $217.7M | $426.7M | $154.0M | $415.7M | $152.1M | $115.2M | $77.6M | $72.2M | $66.1M |
| Property, plant and equipment | $100.5M | $103.7M | $103.9M | $82.9M | $89.3M | $60.1M | $61.8M | $56.5M | $52.5M | $53.6M |
| Goodwill | $363.2M | $363.2M | $362.2M | $292.4M | $264.2M | $171.3M | $165.7M | $151.2M | $133.1M | $132.6M |
| Other intangibles | $30.1M | $39.2M | $50.0M | $33.9M | $26.8M | $13.3M | $11.8M | $10.8M | $11.5M | $13.4M |
| Total assets | $9.65B | $9.25B | $9.16B | $7.21B | $7.06B | $4.76B | $4.35B | $3.99B | $3.58B | $3.43B |
| Short-term debt | $530.3M | $193.5M | $650.5M | $500.1M | $166.5M | $73.3M | $317.0M | $356.2M | $209.5M | $305.6M |
| Long-term debt | $204.1M | $238.1M | $216.2M | $101.1M | $99.5M | $110.6M | $83.1M | $109.6M | $144.0M | $145.2M |
| Total liabilities | $8.44B | $8.14B | $8.10B | $6.42B | $6.22B | $4.19B | $3.76B | $3.47B | $3.12B | $3.00B |
| Retained earnings | $436.7M | $388.1M | $327.2M | $265.9M | $207.1M | $190.7M | $187.1M | $160.3M | $134.4M | $110.3M |
| Total equity | $1.21B | $1.11B | $1.05B | $785.3M | $845.0M | $575.7M | $594.4M | $520.1M | $458.6M | $435.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $134.7M | $143.2M | $143.6M | $119.8M | $156.4M | $85.5M | $67.2M | $75.2M | $61.0M | $60.7M |
| Depreciation and amortisation | $14.5M | $3.5M | $3.7M | $17.3M | $24.6M | $25.6M | $17.9M | $18.2M | $18.1M | $19.2M |
| Stock-based compensation | $6.9M | $7.3M | $6.0M | $4.3M | $3.9M | -$377.0K | $313.0K | $298.0K | $295.0K | $245.0K |
| Capital expenditure | $6.0M | $6.8M | $13.5M | $6.8M | $6.7M | $4.3M | $2.8M | $4.5M | $4.9M | $5.4M |
| Investing cash flow | -$424.4M | -$344.3M | -$132.9M | -$414.2M | -$74.4M | -$393.9M | $1.1M | -$130.2M | -$162.7M | -$198.4M |
| Financing cash flow | $261.0M | -$7.9M | $262.0M | $32.7M | $181.6M | $345.3M | -$30.6M | $60.3M | $107.7M | $132.7M |
| Dividends paid | $58.1M | $56.3M | $52.1M | $42.4M | $31.0M | $27.1M | $25.9M | $20.9M | $14.7M | $11.2M |
| Buybacks | $838.0K | $3.0M | $3.0M | $7.4M | $0 | $29.3M | $805.0K | $0 | $0 | $5.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000318300-26-000099.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |