Peoples Bancorp of NC Stock (NASDAQ: PEBK)

Peoples Bancorp of NC (NASDAQ:PEBK) Stock, Quote.Headers.trade-ideas

Peoples Bancorp of NC

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.

Long Ideas

News

Penny Stocks

Small Cap

Pre-Market Outlook

Markets

Trading Ideas

ACTG

CPBI

HWBK

PEBK

RILY

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Top 5 Financial Stocks Which You&#39;ll Regret Missing This Quarter

Intraday Update

Movers

AACG

AAOI

ABCB

ABMD

ACCO

ACEL

ACGL

ACHC

ACHV

ACIU

ACRE

ACRX

ACST

ADES

ADMP

ADMS

ADNT

ADOM

ADPT

ADTN

AEHR

AEIS

AERI

AEZS

AFGC

AFIN

AFMD

AGFS

AGLE

AGRO

AGYS

AIMC

AIMT

AINV

AIRT

AKCA

AKTS

AKTX

ALBO

ALDX

ALEX

ALGN

ALGT

Stocks That Hit 52-Week Lows On Monday

ABTX

AGCO

AIRG

ALLY

ALSN

ALXN

AMCX

AMPH

AMPY

ANAT

ANGI

APHA

APLE

ARCB

ARCH

ARCO

ARDC

ARGO

ARKR

AROC

ASGN

ASIX

ASPS

ATRO

AXTA

AYTU

AZUL

BANF

BANR

BATRA

BATRK

BCOR

BCOV

BDGE

BERY

BFIN

BFST

BGSF

Brighthouse Financial, Inc. - Common Stock

BHLB

BJRI

BKCC

BLKB

BMRC

BMTC

BNFT

Stocks That Hit 52-Week Lows On Friday

Peoples Bancorp of North Carolina, Inc. - Common Stock

Peoples Bancorp of North Carolina Inc

Earnings

Peoples Bancorp Q2 EPS $0.89 Up From $0.85 YoY

Buybacks

Peoples Bancorp Authorizes $2M Buyback

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.72 per share. This is a 28.57 percent increase over earnings of $0.56 per share from the same period last year. The company reported $19.34 million in sales this quarter. This is a 7.76 percent increase over sales of $17.95 million the same period last year.

Peoples Bancorp of NC Q1 EPS $0.72 Up From $0.56 YoY, Sales $19.34M Up From $17.95M YoY

Thursday marks the last chance for investors to receive the next dividend payout from Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 19 cents per share. On Friday, Peoples Bancorp of NC will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 19 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PEBK as of the end of Thursday's session are eligible to receive the 19 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 15, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

Peoples Bancorp of NC: Dividend Insights

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.62 per share. This is a 16.22 percent decrease over earnings of $0.74 per share from the same period last year.

Peoples Bancorp of NC Q4 EPS $0.62 Down From $0.74 YoY

Peoples Bancorp of North Carolina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>), 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. This updated stock repurchase program expires after February 29, 2024. At September 30, 2023, the Company had assets of $1.6 billion and stockholder's equity of $107.4 million.
Any purchases under the Company's repurchase program may be made periodically as permitted by securities laws and other legal requirements in the open market or in privately-negotiated transactions. The timing and amount of any repurchase of shares will be determined by the Company's management, based on its evaluation of market conditions and other factors. The repurchase program may be suspended at any time or from time-to-time without prior notice.
"The Board's decision to repurchase stock was based on the strength of the Company's balance sheet and capital position. We believe this is an appropriate way to utilize capital and enhance shareholder value," said Lance Sellers, President and Chief Executive Officer.
Peoples Bank currently operates 17 banking offices entirely in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell and Wake Counties. The Bank also operates loan production offices in Lincoln, Mecklenburg, Rowan and Forsyth Counties. The Company's common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol "PEBK."

Peoples Bancorp Announces Authorization Of An Updated Stock Repurchase Program, Whereby Up To An Additional $2M Will Be Allocated To Repurchase The Co's Common Stock, Which Increases The Total Amount Authorized In 2023 To $4M

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>B. Riley Financial, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rily#NASDAQ">RILY</a>)</h3>
<ul>
<li>On Nov. 8, B. Riley Financial posted a loss for the third quarter. Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial said, &quot;During the third quarter, we generated meaningful operating adjusted EBITDA consistent with our platform objectives to drive better results from a broader client set. Despite lower investment marks that reflect a difficult small cap market environment, we are as encouraged by the middle market setup as we have been in years and expect to take advantage of recent market dislocations.&quot; The company&rsquo;s stock fell around 19% over the past five days and has a <a href="https://www.benzinga.com/quote/RILY">52-week low of $16.65 </a>.</li>
<li>RSI Value: 28.07</li>
<li>RILY Price Action: Shares of B. Riley Financial gained 1.8% to close at $18.23 on Wednesday.</li>
</ul>
<h3>Acacia Research Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/actg#NASDAQ">ACTG</a>)</h3>
<ul>
<li>On Nov. 13, Acacia Research posted a loss for the third quarter. Martin D. McNulty, Jr. &quot;MJ&quot;, Interim Chief Executive Officer, stated, &quot;In the last few weeks, our value-creation strategy has accelerated. We established a platform, in collaboration with accomplished executives we have worked with in the past, to acquire producing, cash generating oil and gas assets at what we believe will be favorable valuations.&quot; The company&rsquo;s stock fell around 13% over the past six months. It <a href="https://www.benzinga.com/quote/ACTG"> has a 52-week low </a> of $3.43.</li>
<li>RSI Value: 21.85</li>
<li>ACTG Price Action: Shares of Acacia Research fell 0.6% to close at $3.62 on Wednesday.</li>
</ul>
<h3>Central Plains Bancshares, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cpbi#NASDAQ">CPBI</a>)</h3>
<ul>
<li>Central Plains Bancshares has a market capitalization of $41.019 million. The company&rsquo;s stock has a 52-week <a href="https://www.benzinga.com/quote/CPBI"> low of $8.20.</a></li>
<li>RSI Value: 22.25</li>
<li>CPBI Price Action: Shares of Central Plains Bancshares fell 0.5% to close at $9.93 on Wednesday.</li>
</ul>
<h3>Peoples Bancorp of North Carolina, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pebk#NASDAQ">PEBK</a>)</h3>
<ul>
<li>On Oct. 23, Peoples Bancorp of NC reported a decline in EPS for the third quarter. The company&rsquo;s shares lost around 17% year-to-date. The company&rsquo;s 52-week low is $16.35.</li>
<li>RSI Value: 28.70</li>
<li>PEBK Price Action: Shares of Peoples Bancorp of North Carolina fell 0.2% to close at $27.00 on Wednesday.</li>
</ul>
<h3>Hawthorn Bancshares, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hwbk#NASDAQ">HWBK</a>)</h3>
<ul>
<li>On Oct. 25, Hawthorn Bancshares reported a decline in EPS for the third quarter. The company&rsquo;s shares fell around 2% year-to-date. The company <a href="https://www.benzinga.com/quote/HWBK"> has a 52-week low </a> of $15.02.</li>
<li>RSI Value: 26.58</li>
<li>HWBK Price Action: Shares of Hawthorn Bancshares rose 0.1% to close at $21.28 on Wednesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/11/36016427/kroger-dell-and-3-stocks-to-watch-heading-into-thursday"> Kroger, Dell And 3 Stocks To Watch Heading Into Thursday</a>

Top 5 Financial Stocks Which You'll Regret Missing This Quarter

Thursday marks the last chance for investors to receive the next dividend payout from Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 19 cents per share. On Friday, Peoples Bancorp of NC will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 19 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PEBK as of the end of Thursday's session are eligible to receive the 19 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 15, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Peoples Bancorp of NC <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Peoples Bancorp of NC's Ex-Dividend Date Is Friday, Here's What You Need To Know

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.74 per share. This is a 20.43 percent decrease over earnings of $0.93 per share from the same period last year.

Peoples Bancorp of NC Q3 EPS $0.74 Down From $0.93 YoY

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.85 per share. This is a 49.12 percent increase over earnings of $0.57 per share from the same period last year. The company reported $20.17 million in sales this quarter. This is a 8.02 percent increase over sales of $18.68 million the same period last year.

Peoples Bancorp of NC Q2 EPS $0.85 Up From $0.57 YoY, Sales $20.17M Up From $18.68M YoY

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.85 per share. This is a 49.12 percent increase over earnings of $0.57 per share from the same period last year.

Peoples Bancorp of NC Q2 EPS $0.85 Up From $0.57 YoY

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.58 per share. This is a 4.92 percent decrease over earnings of $0.61 per share from the same period last year. The company reported $17.95 million in sales this quarter. This is a 1.34 percent increase over sales of $17.71 million the same period last year.

Peoples Bancorp of NC Q1 EPS $0.58 Down From $0.61 YoY, Sales $17.95M Up From $17.71M YoY

&nbsp;Peoples Bancorp of North Carolina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>), the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized a stock repurchase program, whereby up to&nbsp;$2 million&nbsp;will be allocated to repurchase the Company&#39;s common stock. At December 31, 2022, the Company had assets of&nbsp;$1.6 billion&nbsp;and stockholder&#39;s equity of&nbsp;$105.2 million.
Any purchases under the Company&#39;s repurchase program may be made periodically as permitted by securities laws and other legal requirements in the open market or in privately-negotiated transactions. The timing and amount of any repurchase of shares will be determined by the Company&#39;s management, based on its evaluation of market conditions and other factors. The repurchase program may be suspended at any time or from time-to-time without prior notice.
&quot;The Board&#39;s decision to repurchase stock was based on the strength of the Company&#39;s balance sheet and capital position. We believe this is an appropriate way to utilize capital and enhance shareholder value,&quot; said Lance Sellers, President and Chief Executive Officer.

Peoples Bancorp Announces Authorization Of $2M Stock Repurchase Plan

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.76 per share. This is a 43.4 percent increase over earnings of $0.53 per share from the same period last year.

Peoples Bancorp of NC Q4 EPS $0.76 Up From $0.53 YoY

Peoples Bancorp Announces Special Cash Dividend Of $0.15/Share

Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>) reported quarterly earnings of $0.93 per share. This is a 57.63 percent increase over earnings of $0.59 per share from the same period last year.

Peoples Bancorp of NC Q3 EPS $0.93 Up From $0.59 YoY

Peoples Bancorp Reports Q1 2022 Net Earnings $3.5M

Tuesday marks the last chance for investors to receive the next dividend payout from Peoples Bancorp of NC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBK#NASDAQ">PEBK</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of $0.18 per share. On Wednesday, Peoples Bancorp of NC will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.18 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own PEBK as of the end of Tuesday's session are eligible to receive the $0.18 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Tuesday Is Your Last Chance To Buy Peoples Bancorp of NC Before The Dividend Payout

Peoples Bancorp Of North Carolina Raises Qtr. Dividend From $0.17 To $0.18/Share

Peoples Bancorp Of North Carolina Reports $2M Buyback

Dividend Champion, Contender, And Challenger Highlights: Week Of June 9

Peoples Bancorp announces authorization of stock repurchase plan

Peoples Bancorp of North Carolina announces authorization of stock repurchase plan

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Peoples Bancorp of NC (NASDAQ:<a href="https://investorplace.com/stock-quotes/pebk-stock-quote/">PEBK</a>) just reported results for the second quarter of 2024.<ul><li>Peoples Bancorp of NC reported earnings per share of 89 cents.</li><li>The company reported revenue of $20.94 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/earning-results/2024/07/pebk-stock-earnings-peoples-bancorp-of-nc-for-q2-of-2024/">PEBK Stock Earnings: Peoples Bancorp of NC Reported Results for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

PEBK Stock Earnings: Peoples Bancorp of NC Reported Results for Q2 2024

Peoples Bancorp of North Carolina GAAP EPS of $0.93, revenue of $20.93M

Peoples Bancorp Of North Carolina (PEBK) just unveiled an update. Peoples Bancorp of North Carolina, Inc. is set for a leadership change as Lance A...

Peoples Bancorp Announces Executive Leadership Transition Plan

Peoples Bancorp of North Carolina declares $0.19 dividend

Dividend Champion, Contender, And Challenger Highlights: Week Of August 25

Dividend Champion, Contender, And Challenger Highlights: Week Of September 8

Peoples Bancorp Of North Carolina ( ($PEBK) ) has provided an update. Peoples Bancorp of North Carolina, Inc. and Peoples Bank have named William D...

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Peoples Bancorp of NC

Peoples Bancorp of NC (PEBK) Forecast

Peoples Bancorp of NC (NASDAQ:PEBK) Stock, Quote.Headers.trade-ideas