PEBO - Peoples Bancorp GAAP EPS of $0.64 misses by $0.04 revenue of $105.87M beats by $4.94M
2023-07-25 06:15:29 ET
- Peoples Bancorp press release ( NASDAQ: PEBO ): Q2 GAAP EPS of $0.64 misses by $0.04 .
- Revenue of $105.87M (+30.9% Y/Y) beats by $4.94M .
- Peoples recorded a provision for credit losses of $8.0 million for the second quarter of 2023, compared to a provision for credit losses of $1.9 million for the first quarter of 2023, and a recovery of credit losses of $0.8 million for the second quarter of 2022.
- For the second quarter of 2023, the efficiency ratio was 62.7%. When adjusted for non-core items, the efficiency ratio was 53.3% for the second quarter of 2023.
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Peoples Bancorp GAAP EPS of $0.64 misses by $0.04, revenue of $105.87M beats by $4.94M