
Peoples Bancorp (PEBO) Stock Forecast & Price Target
Peoples Bancorp (PEBO) Analyst Ratings
Bulls say
Peoples Bancorp established a positive outlook supported by a 6% quarter-over-quarter increase in total deposits, maintaining a stable loan-to-deposit ratio of 83.7%. The bank also experienced a modest increase in its core net interest margin (NIM) to 3.92%, driven by a notable rise in non-interest-bearing deposits, which represented 20% of the deposit mix at quarter-end. Additionally, organic loan growth of 5.5% quarter-over-quarter, despite slight misses against projections, highlights strong demand, particularly in commercial and industrial lending, indicating robust financial health moving forward.
Bears say
Peoples Bancorp Inc. has exhibited concerning financial metrics, with a sequential decline in both tangible book value (TBV) and tangible common equity (TCE), which decreased to $19.94 and 8.0%, respectively, due to a significant swing in accumulated other comprehensive income (AOCI). The company reported increased net charge-offs (NCOs) of 61 basis points in the fourth quarter of 2024, driven by substantial losses in its small ticket leasing portfolio, contributing to a broader negative outlook on asset quality. Furthermore, average loans decreased by 3.9% annually, indicating a potential stagnation in loan growth which may hinder future revenue generation and overall financial performance.
This aggregate rating is based on analysts' research of Peoples Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Peoples Bancorp (PEBO) Analyst Forecast & Price Prediction
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