2024-05-27 15:11:15 ET
Summary
- Peoples Bancorp is a small bank that is outperforming its peers in terms of net interest margin and funding costs.
- The bank has a strong liquidity position and is expected to see growth in premium finance, C&I, and CRE segments.
- PEBO's dividend yield is above the industry average, but its dividend growth prospects are uncertain due to recent slower growth rates.
Peoples Bancorp ( PEBO ) is a bank with more than 100 years of history and headquartered in Marietta, Ohio. In terms of size, it is very small. In fact, its total assets do not exceed the $10 billion threshold, but it is proving to be a great bank. High interest rates have challenged many banks, but not PEBO, as it is performing better than peers....
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Peoples Bancorp: High And Sustainable Dividend Yield