Peoples Bancorp
Market Cap
US$664.3m
Last Updated
2020/02/22 00:57 UTC
Data Sources
Company Financials +
Executive Summary
Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Peoples Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PEBO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.8%
PEBO
-0.3%
US Banks
0.06%
US Market
1 Year Return
-5.0%
PEBO
11.1%
US Banks
19.3%
US Market
Return vs Industry: PEBO underperformed the US Banks industry which returned 11.1% over the past year.
Return vs Market: PEBO underperformed the US Market which returned 19.3% over the past year.
Shareholder returns
| PEBO | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | -0.3% | 0.06% |
| 30 Day | -8.1% | -0.5% | 1.7% |
| 90 Day | -1.0% | 0.6% | 9.0% |
| 1 Year | -1.0%-5.0% | 14.4%11.1% | 21.8%19.3% |
| 3 Year | 8.9%-1.7% | 24.7%15.7% | 49.5%39.9% |
| 5 Year | 59.7%36.1% | 74.9%55.1% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Peoples Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Peoples Bancorp Inc. (NASDAQ:PEBO) Overpaying Its CEO?3 weeks ago | Simply Wall St
Here's What We Like About Peoples Bancorp Inc. (NASDAQ:PEBO)'s Upcoming Dividend4 weeks ago | Simply Wall St
Key Things To Consider Before Buying Peoples Bancorp Inc. (NASDAQ:PEBO) For Its DividendValuation
Is Peoples Bancorp undervalued compared to its fair value and its price relative to the market?
30.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEBO ($32.62) is trading below our estimate of fair value ($46.23)
Significantly Below Fair Value: PEBO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PEBO is good value based on its PE Ratio (12.2x) compared to the Banks industry average (12.6x).
PE vs Market: PEBO is good value based on its PE Ratio (12.2x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: PEBO is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: PEBO is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Peoples Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
5.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PEBO's forecast earnings growth (5.8% per year) is above the savings rate (1.7%).
Earnings vs Market: PEBO's earnings (5.8% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: PEBO's earnings are forecast to grow, but not significantly.
Revenue vs Market: PEBO's revenue (4.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: PEBO's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PEBO's Return on Equity is forecast to be low in 3 years time (9.5%).
Next Steps
Past Performance
How has Peoples Bancorp performed over the past 5 years?
28.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEBO has high quality earnings.
Growing Profit Margin: PEBO's current net profit margins (26.5%) are higher than last year (25.4%).
Past Earnings Growth Analysis
Earnings Trend: PEBO's earnings have grown significantly by 28.2% per year over the past 5 years.
Accelerating Growth: PEBO's earnings growth over the past year (16.7%) is below its 5-year average (28.2% per year).
Earnings vs Industry: PEBO earnings growth over the past year (16.7%) exceeded the Banks industry 12.2%.
Return on Equity
High ROE: PEBO's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Peoples Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: PEBO has a low level of unsold assets or inventory.
Debt Coverage by Assets: PEBO's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: PEBO's level of assets compared to its equity is low.
Allowance for Bad Loans: PEBO has a low allowance for bad loans.
Low Risk Liabilities: PEBO's liabilities are made up of primarily low risk sources of funding.
Loan Level: PEBO has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PEBO's loans are broadly funded by customer deposits.
Level of Bad Loans: PEBO has an appropriate level of bad loans (0.76%)
Next Steps
Dividend
What is Peoples Bancorp's current dividend yield, its reliability and sustainability?
4.21%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PEBO's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: PEBO's dividend (4.17%) is in the top 25% of dividend payers in the US market (3.71%)
Stability and Growth of Payments
Stable Dividend: PEBO's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEBO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51%), PEBO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PEBO's dividends in 3 years are forecast to be well covered by earnings (47.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Chuck Sulerzyski (61yo)
8.8yrs
Tenure
US$1,399,576
Compensation
Mr. Charles W. Sulerzyski, also known as Chuck, has been the Chief Executive Officer and President of Peoples Bancorp Inc. and Peoples Bank since April 4, 2011. Mr. Sulerzyski served as the President of Gr ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD1.40M) is below average for companies of similar size in the US market ($USD2.48M).
Compensation vs Earnings: Chuck's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$1.40m | 0.26% $1.8m | |
| Executive VP | 4.3yrs | US$602.70k | 0.081% $540.1k | |
| Executive VP & Chief Administrative Officer | 8.6yrs | US$507.73k | 0.29% $1.9m | |
| Executive VP & Chief Credit Officer | 3.7yrs | US$452.97k | 0.065% $430.5k | |
| Executive VP & Chief Commercial Banking Officer | 2.8yrs | US$506.05k | 0.063% $417.8k | |
| Executive VP | 0yrs | no data | 0.026% $170.3k | |
| Controller | 0yrs | no data | no data | |
| Vice President of Treasury Management and Public Funds | 0yrs | no data | no data | |
| Assistant Corporate Secretary | 0yrs | no data | no data | |
| Assistant Corporate Secretary | 0yrs | no data | no data |
4.3yrs
Average Tenure
59yo
Average Age
Experienced Management: PEBO's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$1.40m | 0.26% $1.8m | |
| Director Emeritus | 0yrs | US$9.59k | no data | |
| Vice Chairman of the Board | 6.6yrs | US$74.22k | 0.70% $4.7m | |
| Chairman of the Board | 3.8yrs | US$107.61k | 0.074% $493.9k | |
| Independent Director | 4.9yrs | US$70.45k | 0.11% $744.2k | |
| Independent Director | 5.7yrs | US$86.34k | 0.031% $208.8k | |
| Independent Director | 4.9yrs | US$74.61k | 0.89% $5.9m | |
| Independent Director | 8.5yrs | US$76.34k | 0.077% $514.4k | |
| Director | 8yrs | US$81.61k | 0.038% $251.1k | |
| Independent Director | 7.8yrs | US$79.04k | 0.033% $221.5k |
6.6yrs
Average Tenure
61yo
Average Age
Experienced Board: PEBO's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PEBO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.
Top Shareholders
Company Information
Peoples Bancorp Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Peoples Bancorp Inc.
- Ticker: PEBO
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$664.305m
- Shares outstanding: 20.36m
- Website: https://www.peoplesbancorp.com
Number of Employees
Location
- Peoples Bancorp Inc.
- 138 Putnam Street
- PO Box 738
- Marietta
- Ohio
- 45750
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PEBO | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1990 |
Biography
Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans. It also offers overdraft protection services; debit and automated teller machine (ATM) cards; corporate and personal trust services; safe deposit rental facilities; money orders and cashier’s checks; and telephone, mobile, and Internet-based banking services. In addition, the company provides various life, health, and property and casualty insurance products; and fiduciary and asset management and administration services, as well as employee benefit plans. Further, it offers brokerage services through an unaffiliated registered broker-dealers; and credit cards to individuals and businesses, as well as provides merchant credit card transaction processing services through joint marketing arrangements with third parties. As of March 01, 2019, the company operated 81 locations, including 72 full-service bank branches and 76 ATMs in Ohio, West Virginia, and Kentucky. Peoples Bancorp Inc. was founded in 1902 and is based in Marietta, Ohio.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 00:57 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.