Peoples Bancorp reports Q2 EPS 64c, consensus 76c

Reports Q2 revenue $108.15M, consensus $101.67M. Reports Q2 CET1 capital ratio 11.36%. Reports Q2 net charge-offs .09%. Reports Q2 tangible book value per share $16.56. “We are delighted to have closed on our merger with Limestone,” said Chuck Sulerzyski, President and CEO. “We have already begun to see the results of the merger throughout the second quarter, which have added to our already impressive first half of 2023. We are grateful for the dedication of all colleagues who made this acquisition possible and remain bullish on our future together.”