MARIETTA, Ohio (AP) — MARIETTA, Ohio (AP) — Peoples Bancorp Inc. (PEBO) on Tuesday reported second-quarter earnings of $28 million.
The bank, based in Marietta, Ohio, said it had earnings of 78 cents per share. Earnings, adjusted for non-recurring costs, were 96 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.
The financial services and products company posted revenue of $148 million in the period. Its revenue net of interest expense was $113.1 million, which did not meet Street forecasts.
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