
Peoples Bancorp (PEBO) Stock Forecast & Price Target
Peoples Bancorp (PEBO) Analyst Ratings
Bulls say
Peoples Bancorp Inc. demonstrated solid financial performance with total deposits increasing by 6% on a quarter-over-quarter annualized basis, maintaining a loan-to-deposit ratio of 83.7%. The company's core net interest margin (NIM) improved by 4 basis points to 3.92%, driven by a growth in noninterest-bearing deposits, which constituted 20% of the deposit mix by quarter-end. Additionally, organic loan growth of 5.5% quarter-over-quarter, along with controlled operating expenses, positions the company favorably for continued stability and momentum in 2025.
Bears say
Peoples Bancorp's financial reports indicate a decline in tangible book value (TBV) and tangible common equity (TCE), which fell to $19.94 and 8.0%, respectively, due to an unfavorable adjustment in Accumulated Other Comprehensive Income (AOCI). Additionally, the company experienced a significant increase in total net charge-offs (NCOs) to 61 basis points in 4Q24, driven by outsized losses in its small-ticket leasing portfolio. Furthermore, average loans decreased by 3.9% annually, which raises concerns about the bank's ability to achieve positive operating leverage, further contributing to a negative outlook for the stock.
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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