Peoples Bancorp

Q2 FY2026 EarningsFY26 Q2 results missed consensus on the bottom line with diluted EPS of $0.78 vs. $0.85 expected, primarily due to a non-core $8.2M loss on investment securities restructuring. Total revenue (NII + Non-Interest Income) of $113.1M was below the $120.1M consensus, though Net Interest Margin (NIM) expanded to 4.23%, beating the 4.16% estimate. Core performance remained resilient with a PPNR of $49.0M, exceeding the EBIT proxy consensus of $46.5M. Management is aggressively managing the balance sheet below $10B in total assets ahead of the pending Citizens merger.