Revenue Update on Peoples Bancorp(NASDAQ:PEBO)

Peoples Bancorp(NASDAQ:PEBO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $38.67M. Analysts estimated a revenue of $38.84M. Earnings per share were $0.44. Analysts had estimated an EPS of $0.41.

Peoples Bancorp (PEBO) shares turned negative on Fridays trading session with the shares closing down -0.05 points or -0.22% at a volume of 54,313. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $22.68. The peak price level was also seen at $22.68 while the days lowest was $21.71. Finally the shares closed at $22.45. The 52-week high of the shares is $22.68 while the 52-week low is $16.34. According to the latest information available, the market cap of the company is $408 M.

Several Insider Transactions has been reported to the SEC. On May 3, 2016, George W Broughton (director) sold 141 shares at $21.33 per share price.Also, On Mar 11, 2016, Charles W Sulerzyski (President and CEO) sold 11,000 shares at $18.36 per share price.On Mar 2, 2016, S Craig Beam (director) purchased 1,000 shares at $17.93 per share price, according to the Form-4 filing with the securities and exchange commission.

Peoples Bancorp Inc. is a financial holding company. The Company is engaged in banking investment insurance and trust solutions. The Company operates principally through its wholly owned subsidiary Peoples Bank National Association (Peoples Bank). The Company’s products and services include demand deposit accounts savings accounts money market accounts and certificates of deposit. It also offers commercial consumer and real estate mortgage loans for both commercial and residential purposes and lines of credit. The Company also offers corporate and personal trust services safe deposit rental facilities money orders and cashier’s checks. The Company also offers life health property and casualty insurance as well as fiduciary employee benefit plans and asset management services. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency LLC and two asset management companies PBNA L.L.C. and Peoples Tax Credit Equity L.L.C.

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