How did the net interest margin change for Peoples Bancorp of North Carolina (NASDAQ:PEBK)?

Peoples Bancorp of North Carolina (NASDAQ:PEBK) saw its net interest margin for Q2 2026 increase to 3.80% up from 3.57% recorded a year earlier.

What are the total loan and deposit figures for Peoples Bancorp of North Carolina (NASDAQ:PEBK)?

Peoples Bancorp of North Carolina (NASDAQ:PEBK) reported total loans of $1.28 billion and total deposits of $1.57 billion as of June 30, 2026.

How much did Peoples Bancorp of North Carolina (NASDAQ:PEBK) pay in year-to-date dividends?

Peoples Bancorp of North Carolina (NASDAQ:PEBK) distributed year-to-date cash dividends of $0.59 per share, marking an increase from the $0.56 per share paid previously.

What were the credit quality metrics reported by Peoples Bancorp of North Carolina (NASDAQ:PEBK)?

Peoples Bancorp of North Carolina (NASDAQ:PEBK) recorded non-performing assets of $5.2 million, or 0.29% of total assets, alongside an allowance for credit losses of $10.6 million.

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Peoples Bancorp of North Carolina posts $5.2M Q2 earnings

Written by Isaac FrancisPublished Jul 20, 2026, 1:43 PM

Peoples Bancorp of North Carolina reported second-quarter 2026 net earnings of $5.2 million, or $0.98 per share.
Net interest margin for the quarter increased to 3.80% compared to 3.57% in the prior-year period.
Total loans grew to $1.28 billion while deposits reached $1.57 billion at the end of June 2026.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) reported second-quarter 2026 net earnings of $5.2 million, or $0.98 per basic share and $0.96 per diluted share.

The quarterly earnings performance remained essentially unchanged from the net earnings reported in the prior-year quarter.

For the six months ended June 30, 2026, cumulative net earnings reached $9.6 million, with year-to-date cash dividends rising to $0.59 per share.

Following the announcement, Peoples Bancorp of North Carolina's share price was up at $31.50.

Total loans expanded to $1.28 billion and deposits climbed to $1.57 billion as of June 30, 2026.

Non-performing assets rose slightly to $5.2 million, representing 0.29% of total assets, while the allowance for credit losses increased to $10.6 million.