Peoples Bancorp: Q2 Earnings Snapshot

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MARIETTA, Ohio (AP) — MARIETTA, Ohio (AP) — Peoples Bancorp Inc. (PEBO) on Tuesday reported second-quarter net income of $21.1 million.

The Marietta, Ohio-based bank said it had earnings of 64 cents per share. Earnings, adjusted for non-recurring costs, were 83 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.

The financial services and products company posted revenue of $127.4 million in the period. Its revenue net of interest expense was $106.3 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $101.3 million.

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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

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