PEBK

Shares of Peoples Bancorp of North Carolina, Inc. PEBK have lost 6.2% since the company reported its earnings for the quarter ended March 31, 2026, underperforming the S&P 500 Index, which gained 0.1% over the same period. Over the past month, however, the stock gained 2.7%, lagging the broader market’s 9.3% rise. Peoples Bancorp reported net earnings of $4.4 million for the first quarter of 2026, a 1.2% increase from $4.3 million in the year-ago period. Earnings per share rose by a penny to $0.80 from $0.79 a year earlier. While total revenue is not explicitly reported, net interest income — a key revenue component — increased 8.3% to $15.1 million from $13.9 million. Total interest income climbed 4.5% to $20.9 million from $19.9 million. Non-interest income remained flat at $6.5 million year over year. Growth in net interest income was partly offset by higher provisions for credit losses and increased operating expenses. PEBK’s primary earnings driver, net interest income, benefited from both higher interest income and reduced interest expense. Interest income growth was largely fueled by increased loan balances, with total loans rising to $1.24 billion as of March 31, 2026, from $1.20 billion at the end of 2025. Net interest margin (NIM) improved to 3.68% from 3.51% in the prior-year quarter, reflecting more favorable funding costs and asset yields. This margin expansion underscores Peoples Bancorp’s ability to manage interest rate dynamics effectively. Peoples Bancorp of North Carolina, Inc. price-consensus-eps-surprise-chart | Peoples Bancorp of North Carolina, Inc. Quote Despite stronger net interest income, profitability was tempered by higher costs. Non-interest expense increased 5.4% to $15.4 million from $14.6 million a year earlier, driven by higher salaries and employee benefits, occupancy costs and other operating expenses. At the same time, the provision for credit losses surged to $560,000 from $268,000, reflecting loan growth and a more cautious stance on credit quality. Peoples Bancorp continued to expand its balance sheet, with total assets reaching $1.73 billion as of March 31, 2026, from $1.70 billion at the end of 2025. Deposits rose to $1.54 billion as of March 31, 2026, from $1.51 billion at the end of 2025, supported by growth in core deposits, which increased to $1.40 billion and represented 90.70% of total deposits. Loan growth rema...

NEWTON, NC / ACCESS Newswire / April 20, 2026 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported first quarter 2026 results with highlights as follows: First quarter 2026 highlights: Net earnings were $4.4 million or $0.83 per share and $0.80 per diluted share for the three months ended March 31, 2026, as compared to $4.3 million or $0.82 per share and $0.79 per diluted share for the same period one year ago. Cash dividends were $0.38 per share for the three months ended March 31, 2026, compared to $0.36 per share for the prior year period. Total loans were $1.24 billion at March 31, 2026, compared to $1.20 billion at December 31, 2025. Non-performing assets were $4.8 million or 0.28% of total assets at March 31, 2026, compared to $4.2 million or 0.25% of total assets at December 31, 2025. Total deposits were $1.54 billion at March 31, 2026, compared to $1.51 billion at December 31, 2025. Core deposits, a non-GAAP measure, were $1.40 billion or 90.70% of total deposits at March 31, 2026, compared to $1.35 billion or 89.44% of total deposits at December 31, 2025. Net interest margin was 3.68% for the three months ended March 31, 2026, compared to 3.51% for the three months ended March 31, 2025. Net earnings were $4.4 million or $0.83 per share and $0.80 per diluted share for the three months ended March 31, 2026, compared to $4.3 million or $0.82 per share and $0.79 per diluted share for the prior year period. William D. Cable, Sr., President and Chief Executive Officer, attributed the increase in first quarter net earnings to an increase in net interest income, which was partially offset by an increase in the provision for credit losses and an increase in non-interest expense, compared to the prior year period, as discussed below. Net interest income was $15.1 million for the three months ended March 31, 2026, compared to $13.9 million for the three months ended March 31, 2025. The increase in net interest income is due to a $906,000 increase in interest income and a $253,000 decrease in interest expense. The increase in interest income is primarily due to a $1.5 million increase in interest income and fees on loans, which was partially offset by a $109,000 decrease in interest income on balances due from banks and a $442,000 decrease in interest income on investment securities....

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Peoples Bancorp of North Carolina (NASDAQ:PEBK). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Peoples Bancorp of North Carolina with the means to add long-term value to shareholders. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That makes EPS growth an attractive quality for any company. Peoples Bancorp of North Carolina managed to grow EPS by 8.3% per year, over three years. That's a good rate of growth, if it can be sustained. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. Our analysis has highlighted that Peoples Bancorp of North Carolina's revenue from operations did not account for all of their revenue in the previous 12 months, so our analysis of its margins might not accurately reflect the underlying business. While we note Peoples Bancorp of North Carolina achieved similar EBIT margins to last year, revenue grew by a solid 8.5% to US$89m. That's a real positive. In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart. View our latest analysis for Peoples Bancorp of North Carolina Since Peoples Bancorp of North Carolina is no giant, with a market capitalisation of US$199m, you should definitely check its cash and debt before getting too excited about its prospects. It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of...

Shares of Peoples Bancorp of North Carolina, Inc. PEBK have lost 2.3%, against a 0.9% gain in the S&P 500 Index over the same period. Performance over the past month shows a similar trend, with PEBK shares down 2% while the S&P 500 advanced 1.4%. Peoples Bancorp reported net earnings of $6.6 million for the fourth quarter of 2025, compared with $3.6 million in the year-ago quarter, reflecting an increase of 86.4%. The year-over-year improvement in fourth-quarter net earnings was driven by higher net interest income and increased non-interest income, partially offset by a higher provision for credit losses. Fourth-quarter 2025 basic earnings per share (EPS) were $1.25, up 86.6% from $0.67 in the comparable prior-year period, while diluted EPS increased 86.2% to $1.21 from $0.65. For full-year 2025, net earnings rose 21.3% to $19.8 million from $16.4 million in 2024. The improvement in full-year net earnings was driven by higher net interest income and increased non-interest income, partially offset by a higher provision for credit losses and increased non-interest expenses. For the full year, basic EPS rose 21.4% to $3.74 from $3.08 in 2024, and diluted EPS increased 21.5% to $3.62 from $2.98. The growth in per-share results tracked the improvement in net earnings during the period. Revenue is not reported as a single consolidated figure, but net interest income, a core measure for banks, increased 11.2% year over year in the fourth quarter to $15.4 million from $13.8 million, while full-year net interest income grew 9.1% to $59 million from $54.1 million. Non-interest income also contributed to results, rising 36.4% to $9.6 million in the quarter from $7.1 million a year earlier, driven largely by a one-time gain related to a property transaction. Several balance sheet and profitability metrics showed improvement compared with the prior year. Net interest margin (NIM) for the fourth quarter expanded to 3.62% from 3.39% in the year-ago period, while the full-year margin improved to 3.57% from 3.36%. Return on average assets increased to 1.52% in the quarter from 0.85% a year earlier, and return on average shareholders’ equity rose to 17.25% from 10.77%. Total assets grew to $1.70 billion as of Dec. 31, 2025, from $1.65 billion a year earlier, while total loans increased to $1.20 billion from $1.14 billion during the same time. Deposits rose to $1.51 billion f...

NEWTON, NC / ACCESS Newswire / January 26, 2026 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported fourth quarter and full year 2025 results with highlights as follows: Fourth quarter 2025 highlights: Net earnings were $6.6 million or $1.25 per share and $1.21 per diluted share for the three months ended December 31, 2025, as compared to $3.6 million or $0.67 per share and $0.65 per diluted share for the same period one year ago. During the three months ended December 31, 2025, the Bank recognized a $3.0 million net gain on the North Carolina Department of Transportation ("NCDOT") eminent domain acquisition of the Bank's former Mooresville branch office, situated on NC Highway 150 in Mooresville, NC for the widening of NC Highway 150. Net interest margin was 3.62% for the three months ended December 31, 2025, compared to 3.39% for the three months ended December 31, 2024. Full year 2025 highlights: Net earnings were $19.8 million or $3.74 per share and $3.62 per diluted share for the year ended December 31, 2025, as compared to $16.4 million or $3.08 per share and $2.98 diluted share for the prior year. Cash dividends were $0.96 per share for the year ended December 31, 2025, compared to $0.92 per share for the prior year. Total loans were $1.20 billion at December 31, 2025, compared to $1.14 billion at December 31, 2024. Non-performing assets were $4.2 million or 0.25% of total assets at December 31, 2025, compared to $4.8 million or 0.29% of total assets at December 31, 2024. Total deposits were $1.51 billion at December 31, 2025, compared to $1.48 billion at December 31, 2024. Core deposits, a non-GAAP measure, were $1.35 billion or 89.44% of total deposits at December 31, 2025, compared to $1.34 billion or 90.17% of total deposits at December 31, 2024. Shareholders' equity was $157.1 million, or 9.23% of total assets, at December 31, 2025, compared to $130.6 million, or 7.90% of total assets, at December 31, 2024. Net interest margin was 3.57% for the year ended December 31, 2025, compared to 3.36% for the year ended December 31, 2024. Net earnings were $6.6 million or $1.25 per share and $1.21 per diluted share for the three months ended December 31, 2025, as compared to $3.6 million or $0.67 per share and $0.65 per diluted share for the prior year period. William D. Cable,...

Shares of Peoples Bancorp of North Carolina, Inc. PEBK have gained 9.9% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares with the S&P 500 Index’s 1% gain during the same period. Over the past month, the stock gained 3.2% compared with the S&P 500’s 2.1% rise. Peoples Bancorp reported net earnings of $3.7 million, or $0.70 per share ($0.67 diluted), for the third quarter of 2025, down 6.7% from $3.9 million, or $0.74 per share ($0.72 diluted) in the prior-year quarter. The decline in earnings was attributed mainly to higher provisions for credit losses and rising non-interest expenses, partly offset by higher net interest and non-interest income. Net interest income rose 11.6% to $15.1 million from $13.5 million a year earlier, supported by a wider net interest margin (NIM) of 3.58% compared with 3.35%. Non-interest income held steady at $7.1 million, with 17.2% growth in appraisal management fees offset by lower miscellaneous income (down 21.1%). Non-interest expenses climbed 12.7% to $16.9 million from $15 million a year earlier, driven by higher legal, debit card and salary costs. The provision for credit losses rose 78.5% to $530,000 from $297,000, reflecting increased reserves on construction loans. For the nine months ended Sept. 30, 2025, Peoples Bancorp generated net earnings of $13.2 million, or $2.49 per share ($2.41 diluted), up 3.1% from $12.8 million, or $2.41 per share ($2.33 diluted) in the same period of 2024. Year-to-date net interest income climbed 8.4% to $43.7 million from $40.3 million, aided by lower funding costs following rate reductions by the Federal Reserve. The NIM improved to 3.55% from 3.34%. Total loans increased to $1.18 billion as of Sept. 30, 2025, from $1.14 billion at year-end 2024, while total deposits rose to $1.55 billion from $1.48 billion during the same period. Core deposits were $1.39 billion or 89.65% of total deposits as of Sept. 30, 2025, compared with $1.34 billion or 90.17% of total deposits as of Dec. 31, 2024. The provision for credit losses rose to $585,000 against a $80,000 recovery a year ago, reflecting an expanding loan portfolio. Non-interest income increased 3.4% to $21.3 million from $20.7 million, while non-interest expense rose 5.9% to $47.3 million from $44.7 million, reflecting higher wage and legal costs. Asset quality metrics were steady, with non-perfor...

NEWTON, NC / ACCESS Newswire / October 20, 2025 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported third quarter 2025 results with highlights as follows: Third quarter 2025 highlights: Net earnings were $3.7 million or $0.70 per share and $0.67 per diluted share for the three months ended September 30, 2025, as compared to $4.0 million or $0.74 per share and $0.72 per diluted share for the same period one year ago. Net interest margin was 3.58% for the three months ended September 30, 2025, compared to 3.35% for the three months ended September 30, 2024. Year to date highlights: Net earnings were $13.2 million or $2.49 per share and $2.41 per diluted share for the nine months ended September 30, 2025, as compared to $12.8 million or $2.41 per share and $2.33 per diluted share for the same period one year ago. Cash dividends were $0.76 per share during the nine months ended September 30, 2025, compared to $0.73 per share for the prior year period. Total loans were $1.18 billion at September 30, 2025, compared to $1.14 billion at December 31, 2024. Non-performing assets were $5.1 million or 0.29% of total assets at September 30, 2025, compared to $4.8 million or 0.29% of total assets at December 31, 2024. Total deposits were $1.55 billion at September 30, 2025, compared to $1.48 billion at December 31, 2024. Core deposits, a non-GAAP measure, were $1.39 billion or 89.65% of total deposits at September 30, 2025, compared to $1.34 billion or 90.17% of total deposits at December 31, 2024. Net interest margin was 3.55% for the nine months ended September 30, 2025, compared to 3.34% for the nine months ended September 30, 2024. Net earnings were $3.7 million or $0.70 per share and $0.67 per diluted share for the three months ended September 30, 2025, as compared to $4.0 million or $0.74 per share and $0.72 per diluted share for the prior year period. William D. Cable, Sr., President and Chief Executive Officer, attributed the decrease in third quarter net earnings to increases in the provision for credit losses and non-interest expense, which were partially offset by increases in net interest income and non-interest income, compared to the prior year period, as discussed below. Net interest income was $15.1 million for the three months ended September 30, 2025, compared to $13.5 million...

NEWTON, NC / ACCESS Newswire / July 21, 2025 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported second quarter 2025 results with highlights as follows: Second quarter 2025 highlights: Net earnings were $5.2 million or $0.97 per share and $0.95 per diluted share for the three months ended June 30, 2025, as compared to $4.9 million or $0.93 per share and $0.89 per diluted share for the same period one year ago. Net interest margin was 3.57% for the three months ended June 30, 2025, compared to 3.35% for the three months ended June 30, 2024. Year to date highlights: Net earnings were $9.5 million or $1.79 per share and $1.74 per diluted share for the six months ended June 30, 2025, as compared to $8.8 million or $1.67 per share and $1.61 per diluted share for the same period one year ago. Cash dividends were $0.56 per share during the six months ended June 30, 2025, compared to $0.54 per share for the prior year period. Total loans were $1.16 billion at June 30, 2025, compared to $1.14 billion at December 31, 2024. Non-performing assets were $4.8 million or 0.28% of total assets at June 30, 2025, compared to $4.8 million or 0.29% of total assets at December 31, 2024. Total deposits were $1.51 billion at June 30, 2025, compared to $1.48 billion at December 31, 2024. Core deposits, a non-GAAP measure, were $1.36 billion or 90.05% of total deposits at June 30, 2025, compared to $1.34 billion or 90.17% of total deposits at December 31, 2024. Net interest margin was 3.54% for the six months ended June 30, 2025, compared to 3.34% for the six months ended June 30, 2024. Net earnings were $5.2 million or $0.97 per share and $0.95 per diluted share for the three months ended June 30, 2025, as compared to $4.9 million or $0.93 per share and $0.89 per diluted share for the prior year period. William D. Cable, Sr., President and Chief Executive Officer, attributed the increase in second quarter net earnings to increases in net interest income and non-interest income, which were partially offset by an increase in the provision for credit losses and an increase in non-interest expense, compared to the prior year period, as discussed below. Net interest income was $14.6 million for the three months ended June 30, 2025, compared to $13.4 million for the three months ended June 30, 2024. The increas...

Revenue: US$20.2m (up 5.0% from 1Q 2024). Net income: US$4.35m (up 10% from 1Q 2024). Profit margin: 22% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.82 (up from US$0.74 in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Peoples Bancorp of North Carolina shares are down 1.3% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Peoples Bancorp of North Carolina that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

NEWTON, NC / ACCESS Newswire / April 21, 2025 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported first quarter 2025 results with highlights as follows: First quarter 2025 highlights: Net earnings were $4.3 million or $0.82 per share and $0.79 per diluted share for the three months ended March 31, 2025, as compared to $3.9 million or $0.74 per share and $0.72 per diluted share for the same period one year ago. Cash dividends were $0.36 per share for the three months ended March 31, 2025, compared to $0.35 per share for the prior year period. Total loans were $1.15 billion at March 31, 2025, compared to $1.14 billion at December 31, 2024. Non-performing assets were $5.1 million or 0.30% of total assets at March 31, 2025, compared to $4.8 million or 0.29% of total assets at December 31, 2024. Total deposits were $1.52 billion at March 31, 2025, compared to $1.48 billion at December 31, 2024. Core deposits, a non-GAAP measure, were $1.37 billion or 90.22% of total deposits at March 31, 2025, compared to $1.34 billion or 90.17% of total deposits at December 31, 2024. Net interest margin was 3.51% for the three months ended March 31, 2025, compared to 3.33% for the three months ended March 31, 2024. Net earnings were $4.3 million or $0.82 per share and $0.79 per diluted share for the three months ended March 31, 2025, as compared to $3.9 million or $0.74 per share and $0.72 per diluted share for the prior year period. William D. Cable, Sr., President and Chief Executive Officer, attributed the increase in first quarter net earnings to increases in net interest income and non-interest income, which were partially offset by an increase in the provision for credit losses and an increase in non-interest expense, compared to the prior year period, as discussed below. Net interest income was $13.9 million for the three months ended March 31, 2025, compared to $13.3 million for the three months ended March 31, 2024. The increase in net interest income is due to a $160,000 increase in interest income and a $480,000 decrease in interest expense. The increase in interest income is primarily due to a $878,000 increase in interest income and fees on loans, which was partially offset by a $557,000 decrease in interest income on balances due from banks and a $161,000 decrease in interest income on i...

Revenue: US$82.1m (up 7.9% from FY 2023). Net income: US$16.4m (up 5.2% from FY 2023). Profit margin: 20% (in line with FY 2023). EPS: US$3.09 (up from US$2.87 in FY 2023). Net interest margin (NIM): 3.36% (down from 3.51% in FY 2023). Non-performing loans: 0.39% (up from 0.36% in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Banking Operations (excl. Community Bank Real Estate Solutions, Llc (CBRES)) segment contributing a total revenue of US$71.5m (87% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$39.2m (60% of total expenses). Explore how PEBK's revenue and expenses shape its earnings. Peoples Bancorp of North Carolina's share price is broadly unchanged from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Peoples Bancorp of North Carolina, and understanding this should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.