Peoples Bancorp reports Q1 EPS 84c, consensus 80c

Reports Q1 revenue $113.16M, consensus $109.74M. Reports Q1 tangible book value per share $18.40. Reports Q1 CET1 capital ratio 11.69%. Reports Q1 net charge-off .22%. “Our first quarter performance built upon our foundation from 2023, as our diversified mix of revenue sources continued to be a strength. We see most segments of our business thriving as the demand for commercial and industrial loans and leasing remains strong,” said Tyler Wilcox, president and CEO. “We increased our dividend this morning, for the ninth consecutive year, and are focused on shareholder return.”