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Peoples Bancorp
Peoples Bancorp

-5.69%

Financial services / Banking and Financial Services

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview

Peoples Bancorp is a financial holding company headquartered in Marietta, Ohio. It was founded in 1902 as Peoples Bank, and has since grown to become a major regional banking company with over 50 locations in Ohio, West Virginia, and Kentucky.
Peoples Bancorp offers a full range of products and services, including commercial and personal banking, investment services, trust and wealth management, and insurance services. The company also offers online and mobile banking options for its customers.
The company prides itself on its commitment to customer service and community involvement. It offers financial education programs and partners with local organizations to support economic development and community initiatives.
Peoples Bancorp is listed on the NASDAQ stock exchange under the ticker symbol "PEBO" and is recognized as one of the top-performing banks in the U.S. It has received numerous awards and recognitions, including being named as one of America's Best Banks by Forbes magazine.
In addition to its banking operations, Peoples Bancorp also has a subsidiary, Peoples Insurance Agency, which provides property and casualty insurance services to individuals and businesses.

What is special about the company?

1. Strong financial performance: Peoples Bancorp has consistently shown strong financial performance over the years, with a steady growth in revenues and profits. This is reflected in the company's stable stock price and a strong credit rating.
2. Wide geographic reach: The company has a broad geographic presence with operations in Ohio, West Virginia, and Kentucky. This enables it to serve a large and diverse customer base and reduce its dependence on any one market.
3. Long history: Peoples Bancorp was founded in 1902 and has been in operation for over a century. This long history speaks to the company's resilience and ability to adapt to changing market conditions.
4. Community involvement: The company is deeply rooted in the communities it serves and is committed to giving back through various philanthropic initiatives. This has helped build a strong reputation for the company and has garnered customer loyalty.
5. Focus on customer service: Peoples Bancorp prides itself on providing exceptional customer service. This is reflected in the company's high customer satisfaction ratings and a strong reputation for customer care.
6. Diversified business model: The company has a well-diversified business model, offering a wide range of financial services including retail and commercial banking, mortgage banking, and wealth management. This helps mitigate risks and provides stability to the company's earnings.
7. Strong corporate governance: Peoples Bancorp has a strong corporate governance structure, with a well-defined code of ethics and a commitment to transparency and accountability. This helps build trust with investors and stakeholders.
8. Commitment to innovation: The company is constantly investing in new technologies and processes to improve its operations and offer innovative products and services to customers.
9. Experienced leadership: Peoples Bancorp has a highly experienced and skilled leadership team, with a deep knowledge of the banking industry. This provides continuity and stability to the company's operations.
10. Strong culture: Peoples Bancorp has a strong corporate culture that emphasizes teamwork, dedication, and integrity. This has helped create a positive work environment and attract top talent to the company.

What the company's business model?

Peoples Bancorp is a financial holding company that operates through its banking subsidiary, Peoples Bank. The company's business model is focused on providing a full range of financial services to individuals, businesses, and government entities in its market areas.
Peoples Bank offers a variety of products and services, including personal and business checking and savings accounts, mortgage and consumer loans, commercial loans, investment and trust services, and credit and debit cards.
The company's business strategy is to maintain a strong presence in its local communities and to be a trusted financial partner for its customers. It achieves this by offering personalized customer service, tailoring products and services to meet the specific needs of its customers, and actively participating in community events and initiatives.
Peoples Bancorp also generates revenue through its investments in other financial institutions and companies. It seeks strategic partnerships and acquisitions to expand its business and diversify its revenue streams.
Overall, the company's business model is focused on providing comprehensive financial solutions to its customers while maintaining a strong presence in its local communities and pursuing growth opportunities through strategic investments and partnerships.

Interesting facts about the company

1. The Peoples Bancorp Company was founded in 1902 as The Peoples National Bank of Worcester, Ohio.
2. The company is headquartered in Marietta, Ohio and has over 80 branch locations in Ohio, West Virginia and Kentucky.
3. Peoples Bancorp is a multi-bank holding company, meaning it operates multiple subsidiaries of banks.
4. The company offers a wide range of financial products and services, including personal and business banking, investment services, mortgage loans, and insurance.
5. Peoples Bancorp is listed on the NASDAQ Global Select Market under the ticker symbol PEBO.
6. In 2010, the company acquired Farmers & Merchants Bank in Ohio, expanding its presence in the state.
7. In 2018, Peoples Bancorp was recognized as one of the top performing banks in the nation by American Banker magazine.
8. The company has been recognized as a Top 100 Most Trustworthy Companies by Forbes magazine.
9. Peoples Bancorp has a strong commitment to corporate social responsibility, supporting various organizations and initiatives in the communities it serves.
10. The company has been named one of the best places to work in Ohio by the Ohio Business magazine.

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