Peoples Bancorp of North Carolina (NASDAQ:PEBK - Get Free Report) issued its earnings results on Wednesday. The bank reported $0.65 earnings per share (EPS) for the quarter, Zacks reports. Peoples Bancorp of North Carolina had a return on equity of 12.92% and a net margin of 15.27%.
Peoples Bancorp of North Carolina Trading Down 0.3 %
Shares of NASDAQ:PEBK traded down $0.08 during trading on Friday, hitting $30.16. The company had a trading volume of 4,181 shares, compared to its average volume of 7,959. The stock has a market cap of $164.67 million, a price-to-earnings ratio of 10.22 and a beta of 0.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The company has a fifty day simple moving average of $30.36 and a two-hundred day simple moving average of $28.74. Peoples Bancorp of North Carolina has a one year low of $23.74 and a one year high of $33.31.
Peoples Bancorp of North Carolina Announces Dividend
The business also recently disclosed a special dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, February 3rd. Peoples Bancorp of North Carolina's payout ratio is currently 25.76%.
Analyst Ratings Changes
Separately, StockNews.com upgraded Peoples Bancorp of North Carolina from a "hold" rating to a "buy" rating in a research report on Thursday.
Get Our Latest Stock Report on PEBK
Insider Activity
In related news, Director James S. Abernethy sold 1,000 shares of the business's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $30.02, for a total transaction of $30,020.00. Following the completion of the transaction, the director now owns 73,976 shares in the company, valued at $2,220,759.52. The trade was a 1.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 16.94% of the company's stock.
About Peoples Bancorp of North Carolina
(
Get Free Report)
Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards.
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