Peoples Bancorp Inc. (PEBO)

Peoples Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	520.78	383.03	234.77	166.08	140.09
Interest Income on Investments	-	56.37	34.79	18.71	17.01
Total Interest Income	520.78	439.4	269.55	184.79	157.1
Interest Paid on Deposits	172.08	72.15	9.17	9.92	13.5
Interest Paid on Borrowings	-	27.88	6.94	2.31	4.68
Total Interest Expense	172.08	100.03	16.11	12.24	18.18
Net Interest Income	348.7	339.37	253.44	172.55	138.92
Net Interest Income Growth (YoY)	2.75%	33.91%	46.88%	24.21%	-1.36%
Trust Income	19.51	17.16	16.39	16.46	13.66
Mortgage Banking Activities	1.79	1.08	1.4	3.44	6.5
Gain (Loss) on Sale of Assets	-3.31	-	-	-	-0.15
Gain (Loss) on Sale of Investments	-0.42	-3.84	-0.06	-0.75	0.49
Other Non-Interest Income	64.21	55.93	46.28	39.6	33.07
Total Non-Interest Income	99.37	87.01	78.59	68.89	62.99
Non-Interest Income Growth (YoY)	14.20%	10.72%	14.09%	9.36%	-0.41%
Revenues Before Loan Losses	448.07	426.39	332.03	241.44	201.91
Provision for Loan Losses	24.79	15.17	-3.51	0.73	26.25
Revenue	423.28	411.21	335.54	240.71	175.66
Revenue Growth (YoY)	2.93%	22.55%	39.40%	37.03%	-12.86%
Salaries and Employee Benefits	150.03	132.18	108.34	86.9	71.7
Occupancy Expenses	24.12	12.44	11.17	9.01	11.52
Federal Deposit Insurance	4.93	4.79	3.7	1.98	1.3
Amortization of Goodwill & Intangibles	11.16	11.22	7.76	4.78	3.22
Selling, General & Administrative	44.59	53.35	42.3	33.72	22.49
Other Non-Interest Expense	38.83	35.54	30.86	25.93	22.41
Total Non-Interest Expense	273.65	249.52	204.13	162.31	132.64
EBT Excluding Unusual Items	149.63	161.7	131.41	78.39	43.02
Asset Writedown	-	-	-	-	-0.11
Legal Settlements	-	-	-	-	0.68
Other Unusual Items	-	-	-	-	-1.06
Pretax Income	149.46	145.13	128.64	56.97	42.65
Income Tax Expense	32.26	31.76	27.35	9.42	7.88
Net Income	117.21	113.36	101.29	47.56	34.77
Preferred Dividends & Other Adjustments	1.01	0.8	0.45	0.32	0.37
Net Income to Common	116.19	112.56	100.84	47.23	34.4
Net Income Growth	3.39%	11.92%	113.00%	36.78%	-35.25%
Basic Shares Outstanding	35	33	28	22	20
Diluted Shares Outstanding	35	33	28	22	20
Shares Change (YoY)	7.28%	17.00%	27.50%	10.66%	-2.12%
EPS (Basic)	3.34	3.46	3.61	2.17	1.74
EPS (Diluted)	3.31	3.44	3.60	2.15	1.73
EPS Growth	-3.78%	-4.44%	67.44%	24.28%	-34.22%
Dividend Per Share	1.600	1.560	1.520	1.440	1.380
Dividend Growth	2.56%	2.63%	5.56%	4.35%	1.47%
Effective Tax Rate	21.58%	21.89%	21.26%	16.53%	18.48%

Source: S&P Capital IQ. Banks template. Financial Sources.