Peoples Bancorp of North Carolina, Inc. (PEBK) Scheduled to Post Earnings on Monday
Peoples Bancorp of North Carolina (NASDAQ:PEBK) last posted its quarterly earnings data on Monday, July 24th. The bank reported $0.51 EPS for the quarter. The firm had revenue of $13.12 million during the quarter. Peoples Bancorp of North Carolina had a net margin of 16.28% and a return on equity of 7.93%.
Peoples Bancorp of North Carolina, Inc. (NASDAQ PEBK) opened at 35.47 on Monday. Peoples Bancorp of North Carolina, Inc. has a 1-year low of $19.80 and a 1-year high of $39.73. The company has a market cap of $193.31 million, a price-to-earnings ratio of 22.32 and a beta of 0.54. The company’s 50 day moving average is $33.79 and its 200 day moving average is $30.93.
In other Peoples Bancorp of North Carolina news, Director James S. Abernethy sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $30.13, for a total transaction of $30,130.00. Following the sale, the director now owns 65,557 shares of the company’s stock, valued at $1,975,232.41. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 10.88% of the stock is currently owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in PEBK. The Manufacturers Life Insurance Company acquired a new stake in Peoples Bancorp of North Carolina during the second quarter worth approximately $158,000. California State Teachers Retirement System acquired a new stake in Peoples Bancorp of North Carolina during the second quarter worth approximately $237,000. Finally, State Street Corp acquired a new stake in Peoples Bancorp of North Carolina during the second quarter worth approximately $1,366,000. 30.36% of the stock is currently owned by institutional investors.
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Peoples Bancorp of North Carolina Company Profile
Peoples Bancorp of North Carolina, Inc is a holding company for Peoples Bank (the Bank). The Bank is a state-chartered commercial bank, which serves the citizens and business interests of the Catawba Valley and surrounding communities. The Bank has approximately 20 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Monroe, Cornelius, Mooresville Raleigh and North Carolina.
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