8-K current report · filed Apr 27, 2026

PEOPLES BANCORP INC (PEBO) 8-K Current Report: April 27, 2026

Item EX-99.1Item 2.02PEBO overview

Short answer

PEOPLES BANCORP INC (PEBO) filed an 8-K current report with the SEC on April 27, 2026 reporting Item EX-99.1 (Exhibit EX-99.1), Item 2.02 (Results of Operations and Financial Condition). Q1 2026 net income $29.006M, up from $24.336M year over year.

PEOPLES BANCORP INC 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • Q1 2026 net income $29.006M, up from $24.336M year over year
  • Efficiency ratio improved to 58.61% from 60.68%, signaling stronger operating leverage
  • Adjusted revenue $119.329M, up from $113.000M year over year
  • Tangible book value per share rose to $22.95 from $20.68
  • Return on average assets increased to 1.23% from 1.07%; adjusted ROA reached 1.24%

Item EX-99.1 · Exhibit EX-99.1

  • Q1 2026 diluted EPS $0.81, exceeding $0.80 consensus, with NIM up 4 basis points and fee income up $400,000
  • Citizens National merger valued at approximately $77 million, expected closing near Q3/Q4 2026
  • Consideration includes 2.1 Peoples shares plus $8 cash per Citizens share, with tangible book value earn-back under one year
  • Citizens adds approximately $700 million assets and 12 Kentucky branches, strengthening overlapping markets and low-cost deposit funding
  • Management expects 40% cost savings, 2027 EPS accretion of $0.20, and 50% of savings realized during 2026

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