For the quarter ended December 2023, Peoples Bancorp (PEBO - Free Report) reported revenue of $112.92 million, up 25.4% over the same period last year. EPS came in at $1.04, compared to $0.98 in the year-ago quarter.
The reported revenue represents a surprise of -1.81% over the Zacks Consensus Estimate of $115 million. With the consensus EPS estimate being $0.94, the EPS surprise was +10.64%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Peoples Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency ratio: 56% compared to the 57.9% average estimate based on two analysts.
- Average Balance - Total earning assets: $7.86 billion versus the two-analyst average estimate of $7.99 billion.
- Net Interest Margin: 4.4% compared to the 4.6% average estimate based on two analysts.
- Mortgage banking income: $0.34 million versus $0.20 million estimated by two analysts on average.
- Total Non-interest income: $24.13 million versus the two-analyst average estimate of $23.30 million.
View all Key Company Metrics for Peoples Bancorp here>>>Shares of Peoples Bancorp have returned -5.1% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2023, Peoples Bancorp (PEBO - Free Report) reported revenue of $112.92 million, up 25.4% over the same period last year. EPS came in at $1.04, compared to $0.98 in the year-ago quarter.
The reported revenue represents a surprise of -1.81% over the Zacks Consensus Estimate of $115 million. With the consensus EPS estimate being $0.94, the EPS surprise was +10.64%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Peoples Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency ratio: 56% compared to the 57.9% average estimate based on two analysts.
- Average Balance - Total earning assets: $7.86 billion versus the two-analyst average estimate of $7.99 billion.
- Net Interest Margin: 4.4% compared to the 4.6% average estimate based on two analysts.
- Mortgage banking income: $0.34 million versus $0.20 million estimated by two analysts on average.
- Total Non-interest income: $24.13 million versus the two-analyst average estimate of $23.30 million.
View all Key Company Metrics for Peoples Bancorp here>>>Shares of Peoples Bancorp have returned -5.1% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
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