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what it is
Peoples Bancorp is the parent company for a North Carolina bank that runs 16 offices and lends to local customers.
how it gets paid
Last year Peoples Bancorp made $84M in revenue.
why it's growing
Revenue grew 3.6% last year. Revenue rose 190% vs. prior year, and EPS climbed 260%.
what just happened
The latest quarter posted $62M of revenue and $2.41 EPS, which is loud for a bank this small.
At a glance
B+ balance sheet — decent shape, but not bulletproof
90/100 earnings predictability — you can trust these numbers
12.3x trailing p/e — the market's not buying it — or you found a deal
2.2% dividend yield — cash in your pocket every quarter
$2.98 fy2024 eps est
xvary composite: 66/100 — average
What they do
Peoples Bancorp is the parent company for a North Carolina bank that runs 16 offices and lends to local customers.
You are buying local reach, not brand drama. The bank has 16 offices, 3 Latino-focused branches, and 3 loan production offices, so it can stay close to deposits and loans in one state. Long-term debt → money owed for years → $16M, or 7% of capital, so the balance sheet is not loaded with debt. A 281-person bank can feel personal in a way a national chain cannot.
How they make money
$84M
annual revenue · their business grew +3.6% last year
total revenue
$84M
+3.6%
The products that matter
takes deposits and makes loans
Peoples Bank
$1.51B deposits · 3.62% margin
this is the core business. $1.51B in deposits funds the balance sheet, and the 3.62% net interest margin is where the money gets made.
primary engine
digital account access
Online & Mobile Banking
supports a $1.70B asset bank
the platform matters because customers expect it, but this snapshot gives no user or adoption data. that's a utility, not the thesis.
table stakes
Key numbers
$84M
annual revenue
That is the whole top line. A 10% swing is about $8.4M, which is real money when the market cap is $205M.
12.3x
p/e ratio
price-to-earnings ratio → price you pay for a dollar of profit → 12.3x says you are paying for steady earnings, not bargain-bin junk.
2.2%
dividend yield
yield → cash paid to you each year → 2.2% is the wait-it-out number, not the retire-tomorrow number.
$16M
long-term debt
long-term debt → money owed for years → $16M is only 7% of capital, so leverage is not the story.
Financial health
B+
strength
- balance sheet grade B+ — solid but not elite
- risk rank 2 — safer than 80% of stocks
- price stability 65 / 100
- long-term debt $16M (7% of capital)
B+ — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for PEBK right now.
source: institutional data · return history unavailable
What just happened
beat estimates
The latest quarter posted $62M of revenue and $2.41 EPS, which is loud for a bank this small.
Revenue rose 190% vs. prior year, and EPS climbed 260%. Yahoo’s trailing EPS is $3.04, so the quarter and the full year are not the same thing.
$62M
revenue
$2.41
eps
+190%
revenue vs. last year
the number that mattered
Revenue growth of 190% matters because it shows the bank’s latest quarter was much larger than the year-ago quarter.
source: EDGAR filing, latest quarter
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What could go wrong
the #1 risk here is net interest margin compression at a North Carolina community bank.
med
net interest margin compression
The core number is 3.62%. If funding costs rise or loan yields flatten, earnings feel it fast because $66M of the $84M revenue mix shown here comes from net interest income.
79% of revenue shown here is exposed to spread pressure.
med
regional concentration
This is a North Carolina lender with $1.70B in assets. If local credit quality softens or deposits get more competitive in that market, you feel it without much geographic diversification to offset the hit.
The balance sheet is local. So is the risk.
low
thin fee-income support
Non-interest income is only $18M and moved down 7%. That means there is less diversification if the lending spread stops carrying the quarter.
Only 21% of the revenue mix shown here comes from outside spread income.
Most of the income statement runs through one lever: the lending spread. If that 3.62% margin weakens for a few quarters, a 12.3x multiple stops looking obviously cheap.
source: institutional data · regulatory filings · risk analysis
Pay attention to
core metric
3.62% net interest margin
This is the main earnings lever. If it starts sliding from here, the quarter-to-quarter story changes fast.
revenue mix
whether fee income keeps shrinking
Non-interest income fell 7%. If that line stays soft, the bank becomes even more dependent on spread income.
calendar
the next dividend print
The quarterly dividend is $0.21 per share. For income-focused holders, consistency matters almost as much as growth.
ownership
what institutions do with that 43% stake
Forty-three percent institutional ownership is meaningful for a $205M bank. The missing piece is direction: buying, trimming, or just sitting still.
Analyst rankings
earnings predictability
90 / 100
high score for consistency. in human-speak, analysts think this bank's numbers usually behave like a bank's numbers should.
risk rank
2
lower risk within the system. translated: safer than most stocks, though still tied to rates and local banking conditions.
price stability
65 / 100
less chaotic than many small caps, but not a substitute for fundamental stability.
source: institutional data
Institutional activity
institutional ownership data for PEBK is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$37
current price
n/a
target midpoint · n/a from current
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