NasdaqGS:PEBO

Stock Analysis Report

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Executive Summary

Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


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

7.3%

PEBO

1.2%

US Banks

-1.3%

US Market


1 Year Return

-32.4%

PEBO

-28.5%

US Banks

18.5%

US Market

Return vs Industry: PEBO underperformed the US Banks industry which returned -28.5% over the past year.

Return vs Market: PEBO underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

PEBOIndustryMarket
7 Day7.3%1.2%-1.3%
30 Day8.9%3.5%5.3%
90 Day9.2%-0.05%7.5%
1 Year-28.8%-32.4%-25.9%-28.5%21.3%18.5%
3 Year-26.0%-34.4%-18.6%-25.4%42.4%32.9%
5 Year25.7%5.3%16.1%1.6%84.2%63.5%

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

Valuation

Is Peoples Bancorp undervalued compared to its fair value and its price relative to the market?

15.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PEBO ($22.25) is trading above our estimate of fair value ($19.69)

Significantly Below Fair Value: PEBO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PEBO is poor value based on its PE Ratio (15.5x) compared to the US Banks industry average (10x).

PE vs Market: PEBO is good value based on its PE Ratio (15.5x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: PEBO is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: PEBO's PB Ratio (0.8x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is Peoples Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

22.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEBO's forecast earnings growth (22.9% per year) is above the savings rate (2.2%).

Earnings vs Market: PEBO's earnings (22.9% per year) are forecast to grow faster than the US market (22.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PEBO's revenue (1.1% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: PEBO's revenue (1.1% 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 (6.8%).


Next Steps

Past Performance

How has Peoples Bancorp performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEBO has high quality earnings.

Growing Profit Margin: PEBO's current net profit margins (17%) are lower than last year (26.4%).


Past Earnings Growth Analysis

Earnings Trend: PEBO's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: PEBO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PEBO had negative earnings growth (-45.3%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: PEBO's Return on Equity (5.1%) is considered low.


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


Financial Institutions Analysis

Asset Level: PEBO's Assets to Equity ratio (8.7x) is low.

Allowance for Bad Loans: PEBO has a sufficient allowance for bad loans (202%).

Low Risk Liabilities: 91% of PEBO's liabilities are made up of primarily low risk sources of funding.

Loan Level: PEBO has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: PEBO's Loans to Deposits ratio (86%) is appropriate.

Level of Bad Loans: PEBO has an appropriate level of bad loans (0.8%).


Next Steps

Dividend

What is Peoples Bancorp current dividend yield, its reliability and sustainability?

6.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEBO's dividend (6.11%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: PEBO's dividend (6.11%) is in the top 25% of dividend payers in the US market (4.68%)


Stability and Growth of Payments

Stable Dividend: PEBO's dividends per share have been stable 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 high payout ratio (97.7%), PEBO's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PEBO's dividends in 3 years are forecast to be covered by earnings (68.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Chuck Sulerzyski (62 yo)

9.5yrs

Tenure

US$1,300,266

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 Regional Presid ...


CEO Compensation Analysis

Compensation vs Market: Chuck's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Charles Sulerzyski
President9.5yrsUS$1.30m0.29%
$ 1.2m
Douglas Wyatt
Executive VP & Chief Commercial Banking Officer3.5yrsUS$471.39k0.070%
$ 301.1k
Kathryn Bailey
Executive VPno datano data0.11%
$ 471.5k
M. Kirkham
Executive VPno datano data0.027%
$ 115.4k
Jason Eakle
Executive VP & Chief Credit Officer0.50yrno data0.048%
$ 208.1k
David Grossman
Controllerno datano datano data
Mark Augenstein
IR Officerno datano data0.065%
$ 281.6k
Tyler Wilcox
IR Officerno datano data0.075%
$ 322.1k

3.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: PEBO's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Sulerzyski
President9.5yrsUS$1.30m0.29%
$ 1.2m
Carl Baker
Director Emeritusno dataUS$9.59kno data
George Broughton
Independent Vice Chairman of the Board7.25yrsUS$73.09k0.74%
$ 3.2m
Frank Christy
Director Emeritusno dataUS$17.10kno data
Wilford Dimit
Director Emeritusno dataUS$18.08kno data
David Mead
Independent Chairman of the Board4.42yrsUS$112.70k0.084%
$ 360.1k
S. Beam
Independent Director5.58yrsUS$70.76k0.12%
$ 520.7k
David Dierker
Independent Director6.33yrsUS$94.92k0.071%
$ 305.3k
Brooke James
Independent Director5.58yrsUS$76.21k1.08%
$ 4.7m
Susan Rector
Independent Director9.17yrsUS$77.42k0.084%
$ 361.3k
James Huggins
Independent Director8.67yrsUS$84.46k0.044%
$ 190.3k
Tara Abraham
Independent Director8.42yrsUS$83.46k0.035%
$ 149.2k

7.3yrs

Average Tenure

62yo

Average Age

Experienced Board: PEBO's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


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$430.958m
  • Shares outstanding: 19.37m
  • Website: https://www.peoplesbancorp.com

Number of Employees


Location

  • Peoples Bancorp Inc.
  • 138 Putnam Street
  • PO Box 738
  • Marietta
  • Ohio
  • 45750
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PEBONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 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 depos ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 23:53
End of Day Share Price2020/10/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.