Peoples Bancorp of North Carolina
PEBK
Market cap $133M

25.21 USD

-0.55

2.14%

At close Oct 18, 4:00 PM EDT

1 day

-2.14%

5 days

0.68%

1 month

-7.32%

3 months

-19.97%

6 months

-9.32%

Year to date

-17.64%

1 year

16.18%

5 years

-17.78%

About: Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.

Employees: 292

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

22% more funds holding

Funds holding: 37 [Q1] → 45 (+8) [Q2]

12% more capital invested

Capital invested by funds: $58.1M [Q1] → $65.2M (+$7.11M) [Q2]

4.0% more ownership

Funds ownership: 38.19% [Q1] → 42.2% (+4.0%) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for PEBK.

See Analyst Rankings

Financial journalist opinion

Peoples Bancorp Announces Cash Dividend

NEWTON, N.C., Aug. 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company's regular cash dividend for the third quarter of 2024 in the amount of $0.19 per share. The third quarter cash dividend will be paid on September 13, 2024 to shareholders of record on September 3, 2024.

Peoples Bancorp Announces Cash Dividend

Peoples Bancorp Announces Retirement of Lance Sellers as CEO/President and the Selection of Bill Cable as the New CEO/President; Cable has been the Chief Operating Officer Since 2000

NEWTON, NC / ACCESSWIRE / July 31, 2024 / Robert Abernethy, Chairman of the Board of Peoples Bancorp of North Carolina (Nasdaq:PEBK) announced today that Bill Cable has been appointed by the Board of Directors to assume the role of President and CEO on September 19, 2024 with the upcoming retirement of Lance Sellers in early 2025. Mr. Abernethy commented on the appointment by saying "Peoples Bank has been very fortunate to have a talented and dedicated team of senior executives.

Peoples Bancorp Announces Retirement of Lance Sellers as CEO/President and the Selection of Bill Cable as the New CEO/President; Cable has been the Chief Operating Officer Since 2000

Peoples Bancorp Announces Second Quarter 2024 Results

NEWTON, NC / ACCESSWIRE / July 22, 2024 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported second quarter 2024 results with highlights as follows: Second quarter 2024 highlights: Net earnings were $4.9 million or $0.93 per share and $0.89 per diluted share for the three months ended June 30, 2024, compared to $4.8 million or $0.88 per share and $0.85 per diluted share for the same period one year ago. Net interest margin was 3.34% for the three months ended June 30, 2024, compared to 3.56% for the three months ended June 30, 2023.

Peoples Bancorp Announces Second Quarter 2024 Results

Peoples Bancorp Announces Authorization of Stock Repurchase Plan

NEWTON, NC / ACCESSWIRE / June 25, 2024 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK), the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized a stock repurchase program, whereby up to $2 million will be allocated to repurchase the Company's common stock. At March 31, 2024, the Company had assets of $1.7 billion and stockholder's equity of $121.1 million.

Peoples Bancorp Announces Authorization of Stock Repurchase Plan

Peoples Bancorp Announces Cash Dividend

NEWTON, N.C., May 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company's regular cash dividend for the second quarter of 2024 in the amount of $0.19 per share. The second quarter cash dividend will be paid on June 14, 2024 to shareholders of record on June 3, 2024.

Peoples Bancorp Announces Cash Dividend

Peoples Bancorp Announces First Quarter 2024 Results

NEWTON, NC / ACCESSWIRE / April 26, 2024 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported first quarter 2024 results with highlights as follows: First quarter 2024 highlights: Net earnings were $3.9 million or $0.74 per share and $0.72 per diluted share for the three months ended March 31, 2024, compared to $3.2 million or $0.58 per share and 0.56 per diluted share for the same period one year ago. Cash dividends were $0.35 per share during the three months ended March 31, 2024, compared to $0.34 per share for the prior year period.

Peoples Bancorp Announces First Quarter 2024 Results

Peoples Bancorp Announces Cash Dividend

NEWTON, N.C., Feb. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company's regular cash dividend for the first quarter of 2024 in the amount of $0.19 per share.

Peoples Bancorp Announces Cash Dividend

Peoples Bancorp Announces Special Cash Dividend

NEWTON, N.C., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Peoples Bancorp of North Carolina, Inc. (Nasdaq: PEBK) is pleased to announce the declaration of a special cash dividend in the amount of $0.16 per share. The special cash dividend will be paid on February 16, 2024 to shareholders of record on February 5, 2024.

Peoples Bancorp Announces Special Cash Dividend

Peoples Bancorp Announces Fourth Quarter and Full Year 2023 Results

NEWTON, NC / ACCESSWIRE / January 22, 2024 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) (the "Company"), the parent company of Peoples Bank (the "Bank"), reported fourth quarter and full year 2023 results with highlights as follows: Fourth quarter 2023 highlights: Net earnings were $3.4 million or $0.64 per share and $0.62 per diluted share for the three months ended December 31, 2023, as compared to $4.1 million or $0.76 per share and $0.74 per diluted share for the same period one year ago. Net interest margin was 3.32% for the three months ended December 31, 2023, compared to 3.78% for three months ended December 31, 2022.

Peoples Bancorp Announces Fourth Quarter and Full Year 2023 Results

Peoples Bancorp Announces Authorization of Stock Repurchase Plan

NEWTON, NC / ACCESSWIRE / December 19, 2023 / Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK), the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized an updated stock repurchase program, whereby up to an additional $2 million will be allocated to repurchase the Company's common stock, which increases the total amount authorized in 2023 to $4 million. On March 6, 2023, the Company issued a press release announcing a Stock Repurchase Plan authorizing the repurchase of outstanding shares totaling up to $2,000,000.

Peoples Bancorp Announces Authorization of Stock Repurchase Plan

See News Rankings

Charts implemented using Lightweight Charts™