Peoples Bancorp Inc. (PEBO)

Peoples Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	460.86	383.03	234.77	166.08	140.09	143.34
Interest Income on Investments	56.37	56.37	34.79	18.71	17.01	26.76
Total Interest Income	517.23	439.4	269.55	184.79	157.1	170.1
Interest Paid on Deposits	138.81	72.15	9.17	9.92	13.5	22.21
Interest Paid on Borrowings	27.88	27.88	6.94	2.31	4.68	7.05
Total Interest Expense	166.69	100.03	16.11	12.24	18.18	29.26
Net Interest Income	350.53	339.37	253.44	172.55	138.92	140.84
Net Interest Income Growth (YoY)	8.99%	33.91%	46.88%	24.21%	-1.36%	8.66%
Trust Income	18.85	17.16	16.39	16.46	13.66	13.16
Mortgage Banking Activities	1.95	1.08	1.4	3.44	6.5	4.33
Gain (Loss) on Sale of Assets	-	-	-	-	-0.15	-
Gain (Loss) on Sale of Investments	-2.16	-3.84	-0.06	-0.75	0.49	1
Other Non-Interest Income	61.79	55.93	46.28	39.6	33.07	33.07
Total Non-Interest Income	98.01	87.01	78.59	68.89	62.99	63.25
Non-Interest Income Growth (YoY)	19.43%	10.72%	14.09%	9.36%	-0.41%	11.03%
Revenues Before Loan Losses	448.55	426.39	332.03	241.44	201.91	204.09
Provision for Loan Losses	19.81	15.17	-3.51	0.73	26.25	2.5
Revenue	428.74	411.21	335.54	240.71	175.66	201.58
Revenue Growth (YoY)	10.64%	22.55%	39.40%	37.03%	-12.86%	11.29%
Salaries and Employee Benefits	138.06	132.18	108.34	86.9	71.7	73.9
Occupancy Expenses	14.94	12.44	11.17	9.01	11.52	8.39
Federal Deposit Insurance	4.94	4.79	3.7	1.98	1.3	0.6
Amortization of Goodwill & Intangibles	11.63	11.22	7.76	4.78	3.22	3.36
Selling, General & Administrative	50.83	53.35	42.3	33.72	22.49	24.9
Other Non-Interest Expense	33.64	35.54	30.86	25.93	22.41	26.1
Total Non-Interest Expense	254.03	249.52	204.13	162.31	132.64	137.25
EBT Excluding Unusual Items	174.71	161.7	131.41	78.39	43.02	64.33
Asset Writedown	-	-	-	-	-0.11	-0.24
Legal Settlements	-	-	-	-	0.68	0.79
Other Unusual Items	-	-	-	-	-1.06	-
Pretax Income	158.14	145.13	128.64	56.97	42.65	65.36
Income Tax Expense	34.04	31.76	27.35	9.42	7.88	11.66
Net Income	124.1	113.36	101.29	47.56	34.77	53.7
Preferred Dividends & Other Adjustments	0.98	0.8	0.45	0.32	0.37	0.4
Net Income to Common	123.12	112.56	100.84	47.23	34.4	53.3
Net Income Growth	16.65%	11.92%	113.00%	36.78%	-35.25%	16.08%
Basic Shares Outstanding	35	33	28	22	20	20
Diluted Shares Outstanding	35	33	28	22	20	20
Shares Change (YoY)	13.56%	17.00%	27.50%	10.66%	-2.12%	6.02%
EPS (Basic)	3.54	3.46	3.61	2.17	1.74	2.65
EPS (Diluted)	3.51	3.44	3.60	2.15	1.73	2.63
EPS Growth	2.94%	-4.44%	67.44%	24.28%	-34.22%	9.13%
Dividend Per Share	1.590	1.560	1.520	1.440	1.380	1.360
Dividend Growth	2.58%	2.63%	5.56%	4.35%	1.47%	17.24%
Effective Tax Rate	21.52%	21.89%	21.26%	16.53%	18.48%	17.84%

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