Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts. It also offers debit and automated teller machine (ATM) cards; safe deposit rental facilities; money orders and cashier's checks; and telephone, mobile, and Internet-based banking services. In addition, the company provides various life, health, and property and casualty insurance products; third-party insurance administration; insurance premium financing; fiduciary and trust; and asset management and administration services, as well as employee benefit, retirement, and health care plan administration services. Further, it offers brokerage services through an unaffiliated registered broker-dealers; and credit cards to individuals and businesses, as well as provides merchant credit card transaction processing, and person-to-person payment processing services. As of December 31, 2020, the company operated 88 locations, including 76 full-service bank branches in Ohio, West Virginia, and Kentucky. It also operates 85 ATMs. Peoples Bancorp Inc. was founded in 1902 and is based in Marietta, Ohio.
IPO Year:
Exchange: NASDAQ
Website: peoplesbancorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/4/2024 | $39.00 | Overweight | Piper Sandler |
| 4/1/2024 | $31.00 | Market Perform | Hovde Group |
| 2/23/2024 | Overweight | Piper Sandler | |
| 4/13/2023 | $28.00 | Neutral | Janney |
| 10/26/2022 | $34.00 → $30.00 | Outperform → Market Perform | Hovde Group |
| 7/8/2022 | $31.00 → $30.00 | Overweight → Neutral | Piper Sandler |
| 6/14/2022 | $36.00 → $30.00 | Buy → Neutral | B. Riley Securities |
| 6/8/2022 | $33.00 | Equal-Weight | Stephens |
| 4/28/2022 | Outperform → Mkt Perform | Raymond James | |
| 3/2/2022 | $42.00 → $44.00 | Overweight | Piper Sandler |
Piper Sandler resumed coverage of Peoples Bancorp with a rating of Overweight and set a new price target of $39.00
Hovde Group resumed coverage of Peoples Bancorp with a rating of Market Perform and set a new price target of $31.00
Piper Sandler resumed coverage of Peoples Bancorp with a rating of Overweight
Janney initiated coverage of Peoples Bancorp with a rating of Neutral and set a new price target of $28.00
Hovde Group downgraded Peoples Bancorp from Outperform to Market Perform and set a new price target of $30.00 from $34.00 previously
Piper Sandler downgraded Peoples Bancorp from Overweight to Neutral and set a new price target of $30.00 from $31.00 previously
B. Riley Securities downgraded Peoples Bancorp from Buy to Neutral and set a new price target of $30.00 from $36.00 previously
Stephens initiated coverage of Peoples Bancorp with a rating of Equal-Weight and set a new price target of $33.00
Raymond James downgraded Peoples Bancorp from Outperform to Mkt Perform
Piper Sandler reiterated coverage of Peoples Bancorp with a rating of Overweight and set a new price target of $44.00 from $42.00 previously