NASDAQ$PEBO
Peoples Bancorp Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported improved financial metrics with stable net interest income and considerable non-interest income growth.
Peoples Bancorp reported diluted EPS of $0.51 for the quarter, compared to $0.23 in the linked quarter. The company completed the acquisition of a premium finance company on July 1st. Loan modifications related to COVID-19 have decreased significantly. The company is optimistic about growth opportunities within the premium finance line of business, branch footprint, and PPP clients.
- Completed the acquisition of the premium finance company on July 1st.
- Total loan balances that were on COVID-related modifications at June 30, 2020 were $529 million, but only $14 million at the end of September.
- Delinquency rates continue to be a positive with 99.2% of the total loan portfolio considered “current”.
- Record quarterly consumer indirect and mortgage lending production was achieved.
Headline financials
Revenue & EPS history
Peoples Bancorp · Revenue · Quarterly
$519K
Forward guidance
The company anticipates some sort of future impact on credit quality metrics from the pandemic, but recent reviews of the loan portfolio provide a better understanding of the current impact. Commercial loan growth has been diminished by payoffs in recent periods, but the company is optimistic that the fourth quarter production will be more positive.
Tailwinds
- Branches remain open.
- Modifications have slowed.
- Growth opportunities exist within the premium finance line of business, branch footprint and PPP clients.
- Number of client households continues to grow each month.
- Strategic priorities to reduce expenses in future periods will be executed.
Headwinds
- Potential future impact on credit quality metrics from the pandemic is anticipated.
- Commercial loan growth has been diminished by payoffs in recent periods.
- Uncertainty from COVID-19.
- Hesitation from businesses due to uncertainty.
- Downgrades related to the lodging industry
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.1%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+2.0%
Avg return
30 days after
63%
41 / 65 earnings
Positive
+8.4%
Q3 2020
Best reaction
-12.7%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | -1.8% | -0.4% | |
| Q4 2025 | +1.2% | +0.6% | +7.7% | |
| Q3 2025 | +1.6% | +4.9% | -0.7% | |
| Q2 2025 | +0.0% | -1.6% | +1.2% | |
| Q1 2025 | +2.0% | +4.0% | +6.9% | |
| Q3 2024 | +1.6% | -0.3% | +15.7% | |
| Q2 2024 | -0.4% | +1.8% | -9.5% | |
| Q1 2024 | +5.2% | +4.2% | +2.6% | |
| Q4 2023 | -7.3% | -3.0% | -5.9% | |
| Q3 2023 | +3.4% | +7.0% | +15.9% | |
| Q2 2023 | +2.7% | +1.0% | -6.2% | |
| Q1 2023 | +1.1% | +1.7% | +3.5% | |
| Q4 2022 | +1.9% | +3.7% | +9.8% | |
| Q3 2022 | -6.2% | -2.5% | -4.6% | |
| Q2 2022 | +5.5% | +8.9% | +8.0% | |
| Q1 2022 | -5.7% | -8.4% | -6.9% | |
| Q4 2021 | +0.3% | -0.8% | -7.2% | |
| Q3 2021 | -5.7% | -3.8% | -0.2% | |
| Q2 2021 | +4.9% | +3.5% | +10.5% | |
| Q1 2021 | +0.6% | +0.2% | -3.8% | |
| Q4 2020 | -1.7% | -2.2% | +1.8% | |
| Q3 2020 | +8.4% | +13.4% | +19.0% | |
| Q2 2020 | +4.0% | +5.5% | +7.4% | |
| Q1 2020 | -6.6% | -5.5% | -3.7% | |
| Q4 2019 | +2.3% | +0.7% | -5.7% | |
| Q3 2019 | +1.5% | +0.5% | +0.3% | |
| Q2 2019 | +2.1% | +2.5% | -1.4% | |
| Q1 2019 | +4.1% | +3.6% | +1.1% | |
| Q4 2018 | +4.3% | +4.7% | +8.4% | |
| Q3 2018 | -0.6% | +0.9% | +1.9% | |
| Q2 2018 | -2.4% | -4.8% | -9.3% | |
| Q1 2018 | +1.2% | -1.1% | +1.2% | |
| Q4 2017 | +2.0% | +5.8% | +2.0% | |
| Q3 2017 | +3.6% | +3.4% | +0.4% | |
| Q2 2017 | +7.6% | +5.3% | -1.1% | |
| Q1 2017 | +2.5% | -0.8% | -8.6% | |
| Q4 2016 | -3.9% | -3.4% | +2.1% | |
| Q3 2016 | +0.4% | +0.4% | +18.0% | |
| Q2 2016 | +1.3% | +1.2% | +6.4% | |
| Q1 2016 | +7.8% | — | — | |
| Q4 2015 | +4.3% | — | — | |
| Q3 2015 | -12.7% | — | — | |
| Q2 2015 | -9.7% | — | — | |
| Q1 2015 | -3.4% | — | — | |
| Q4 2014 | -8.9% | — | — | |
| Q3 2014 | -6.7% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +2.6% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q4 2012 | -5.0% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | +2.9% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q3 2010 | -1.0% | — | — | |
| Q3 2011 | -1.0% | — | — | |
| Q2 2011 | -4.0% | — | — | |
| Q2 2010 | -4.0% | — | — | |
| Q1 2011 | -1.8% | — | — | |
| Q1 2010 | -1.8% | — | — |
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