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Peoples Bancorp: 3Q Earnings Snapshot

MARIETTA, Ohio (AP) _ Peoples Bancorp Inc. (PEBO) on Tuesday reported third-quarter earnings of $12.7 million.

The bank, based in Marietta, Ohio, said it had earnings of 65 cents per share. Earnings, adjusted for non-recurring costs, were 69 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The financial services and products company posted revenue of $54 million in the period. Its revenue net of interest expense was $47.7 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $47.5 million.

Peoples Bancorp shares have increased nearly 3 percent since the beginning of the year. The stock has fallen roughly 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEBO at https://www.zacks.com/ap/PEBO