Peoples Bancorp of North Carolina (PEBK) Stock Forecast, Price & News

Peoples Bancorp of North Carolina's stock was trading at $32.56 at the beginning of 2023. Since then, PEBK stock has decreased by 39.9% and is now trading at $19.58.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our PEBK earnings forecast.

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) issued its earnings results on Monday, April, 24th. The bank reported $0.56 earnings per share (EPS) for the quarter. The bank earned $17.95 million during the quarter. Peoples Bancorp of North Carolina had a trailing twelve-month return on equity of 14.52% and a net margin of 19.05%.

Peoples Bancorp of North Carolina declared a quarterly dividend on Friday, May 19th. Shareholders of record on Friday, June 2nd will be paid a dividend of $0.19 per share on Thursday, June 15th. This represents a $0.76 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for PEBK.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) pays an annual dividend of $0.76 per share and currently has a dividend yield of 4.15%. PEBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PEBK.

3 employees have rated Peoples Bancorp of North Carolina Chief Executive Officer Lance A. Sellers on Glassdoor.com. Lance A. Sellers has an approval rating of 100% among the company's employees. This puts Lance A. Sellers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Peoples Bancorp of North Carolina investors own include Wells Fargo & Company (WFC), AbbVie (ABBV), Franklin Resources (BEN), CenterPoint Energy (CNP), Dominion Energy (D), Consolidated Edison (ED), Eastman Chemical (EMN), Enbridge (ENB), Enterprise Products Partners (EPD) and Energy Transfer (ET).

Peoples Bancorp of North Carolina trades on the NASDAQ under the ticker symbol "PEBK."

Peoples Bancorp of North Carolina's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fourthstone LLC (9.22%), Gendell Jeffrey L (3.78%), Dimensional Fund Advisors LP (2.77%), rhino investment partners Inc (1.66%), Wellington Management Group LLP (1.59%) and Geode Capital Management LLC (0.74%). Insiders that own company stock include Benjamin I Zachary, Christine S Abernethy, Douglas S Howard, James S Abernethy, James S Abernethy, Lance A Sellers, William D Cable and William Gregory Terry.
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Shares of PEBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEBK stock can currently be purchased for approximately $19.58.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) has a market capitalization of $110.43 million and generates $81.12 million in revenue each year. The bank earns $16.12 million in net income (profit) each year or $2.80 on an earnings per share basis.

The company employs 287 workers across the globe.

Peoples Bancorp of North Carolina's mailing address is 518 WEST C STREET, NEWTON NC, 28658. The official website for the company is www.peoplesbanknc.com. The bank can be reached via phone at (828) 464-5620 or via fax at 704-465-5210.