Peoples Bancorp (NASDAQ:PEBO) Reaches New 12-Month High Following Strong Earnings

Posted by George Bondi on Jul 24th, 2026

Peoples Bancorp Inc. (NASDAQ:PEBO – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The company traded as high as $40.50 and last traded at $39.50, with a volume of 594545 shares changing hands. The stock had previously closed at $39.39.

The bank reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The business had revenue of $121.95 million for the quarter, compared to analysts’ expectations of $120.05 million. Peoples Bancorp had a net margin of 19.17% and a return on equity of 10.79%.

Peoples Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given a $0.42 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.68 annualized dividend and a yield of 4.2%. Peoples Bancorp’s dividend payout ratio is 53.85%.

Analysts Set New Price Targets

PEBO has been the topic of a number of recent analyst reports. Piper Sandler set a $46.00 price target on Peoples Bancorp in a report on Wednesday. Keefe, Bruyette & Woods increased their price objective on Peoples Bancorp from $38.00 to $42.00 and gave the stock a “market perform” rating in a report on Wednesday. Hovde Group raised their target price on Peoples Bancorp from $33.00 to $36.00 and gave the company a “market perform” rating in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Peoples Bancorp in a research note on Friday, May 29th. Finally, DA Davidson lifted their target price on Peoples Bancorp from $41.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Peoples Bancorp currently has an average rating of “Moderate Buy” and a consensus target price of $42.00.

Check Out Our Latest Report on Peoples Bancorp

Insider Buying and Selling

In related news, Director Dwight Eric Smith bought 1,000 shares of the stock in a transaction on Monday, April 27th. The shares were purchased at an average price of $34.51 per share, with a total value of $34,510.00. Following the purchase, the director owned 9,256 shares in the company, valued at approximately $319,424.56. This represents a 12.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.31% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PEBO. Royal Bank of Canada increased its stake in shares of Peoples Bancorp by 4.9% during the first quarter. Royal Bank of Canada now owns 23,996 shares of the bank’s stock valued at $711,000 after acquiring an additional 1,111 shares during the period. AQR Capital Management LLC lifted its position in Peoples Bancorp by 46.5% in the first quarter. AQR Capital Management LLC now owns 101,653 shares of the bank’s stock worth $3,015,000 after purchasing an additional 32,259 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Peoples Bancorp by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,544 shares of the bank’s stock valued at $609,000 after purchasing an additional 862 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Peoples Bancorp by 6.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,290 shares of the bank’s stock valued at $2,441,000 after purchasing an additional 5,175 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Peoples Bancorp by 87.2% during the 1st quarter. Jane Street Group LLC now owns 64,668 shares of the bank’s stock valued at $1,918,000 after purchasing an additional 30,121 shares in the last quarter. 60.68% of the stock is currently owned by institutional investors.

Peoples Bancorp Trading Down 0.7%

The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 12.02 and a beta of 0.62. The firm has a 50-day moving average price of $36.74 and a 200-day moving average price of $34.22. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.15.

About Peoples Bancorp

(Get Free Report)

Peoples Bancorp, Inc is a bank holding company headquartered in Marietta, Ohio. Through its subsidiary Peoples Bank, the company provides a comprehensive range of commercial and consumer banking services designed to serve individuals, businesses and institutional clients. Its deposit products include checking and savings accounts, money market accounts, certificates of deposit and digital banking platforms that enable secure online and mobile access.

On the lending side, Peoples Bancorp offers commercial and industrial loans, commercial real estate financing, construction and agricultural lending, as well as residential mortgage products.