MARIETTA, Ohio (AP) — MARIETTA, Ohio (AP) — Peoples Bancorp Inc. (PEBO) on Tuesday reported first-quarter net income of $29 million.
The Marietta, Ohio-based bank said it had earnings of 81 cents per share. Earnings, adjusted for non-recurring costs, were 82 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The financial services and products company posted revenue of $155.1 million in the period. Its revenue net of interest expense was $118.7 million, also topping Street forecasts.
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