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Peoples Bancorp's Q1 Earnings Rise, Revenue Declines, Tops Guidance; Raises Quarterly Dividend
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Peoples Bancorp's Q1 Earnings Rise, Revenue Declines, Tops Guidance; Raises Quarterly Dividend
Apr 23, 2024 6:40 AM

09:08 AM EDT, 04/23/2024 (MT Newswires) -- Peoples Bancorp (PEBO) reported Q1 earnings Tuesday of $0.84 per diluted share, down from $0.94 a year earlier.

Analysts surveyed by Capital IQ expected $0.80.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $112.4 million, compared with $91.9 million a year earlier.

Analysts surveyed by Capital IQ expected $110.2 million.

The bank also raised its quarterly dividend to $0.40 from $0.39, payable May 20 to shareholders of record as of May 6.

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