0.75%
-6.51%
13.46%
-8.06%
0.44%
0.92%
6.83%
AI Spotlight on PEBK
Company Description
Peoples Bancorp of North Carolina, Inc.operates as the bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses.It offers checking, savings, money market, and time deposits; demand deposits; and certificates of deposit, as well as borrowed funds.
The company's loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, and individual taxpayer identification number mortgage loans, as well as agricultural loans.It also provides investment counseling and non-deposit investment products, such as stocks, bonds, mutual funds, tax deferred annuities, and related brokerage services; and real estate appraisal and brokerage services.In addition, the company operates as a clearing-house for the provision of appraisal services for community banks; and acquires, manages, and disposes real property, other collateral, and other assets obtained in the ordinary course of collecting debts, as well as offers insurance agency services.
As of December 31, 2021, it operated 17 banking offices located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina.The company also operates loan production offices in Charlotte, Denver, Salisbury, and Winston-Salem, North Carolina.Peoples Bancorp of North Carolina, Inc.
was founded in 1912 and is headquartered in Newton, North Carolina.
Market Data
| Last Price | 29.22 |
| Change Percentage | 0.75% |
| Open | 29.22 |
| Previous Close | 29 |
| Market Cap ( Millions) | 159 |
| Volume | 1325 |
| Year High | 33.31 |
| Year Low | 23.74 |
| M A 50 | 30.68 |
| M A 200 | 29.0 |
Financial Ratios
| FCF Yield | 12.28% |
| Dividend Yield | 3.15% |
| ROE | 11.17% |
| Debt / Equity | 14.51% |
| Net Debt / EBIDTA | -464.55% |
| Price To Book | 1.14 |
| Price Earnings Ratio | 9.53 |
| Price To FCF | 8.14 |
| Price To sales | 1.65 |
| EV / EBITDA | 9.23 |
News
- Jan -17 - Peoples Bancorp Announces Special Cash Dividend
- Nov -22 - Peoples Bancorp Announces Cash Dividend
- Aug -19 - Peoples Bancorp Announces Cash Dividend
- Jul -31 - Peoples Bancorp Announces Retirement of Lance Sellers as CEO/President and the Selection of Bill Cable as the New CEO/President; Cable has been the Chief Operating Officer Since 2000
- Jul -22 - Peoples Bancorp Announces Second Quarter 2024 Results
- Jun -25 - Peoples Bancorp Announces Authorization of Stock Repurchase Plan
- May -17 - Peoples Bancorp Announces Cash Dividend
- Apr -26 - Peoples Bancorp Announces First Quarter 2024 Results
- Feb -23 - Peoples Bancorp Announces Cash Dividend
- Jan -22 - Peoples Bancorp Announces Special Cash Dividend
- Jan -22 - Peoples Bancorp Announces Fourth Quarter and Full Year 2023 Results
- Dec -19 - Peoples Bancorp Announces Authorization of Stock Repurchase Plan
- Nov -17 - Peoples Bancorp Announces Cash Dividend
- Oct -23 - Peoples Bancorp Announces Third Quarter 2023 Results
- Aug -21 - Peoples Bancorp Announces Cash Dividend
- Jul -24 - Peoples Bancorp Announces Second Quarter 2023 Results
- Feb -25 - 21 Upcoming Dividend Increases Including One Dividend King
- Aug -26 - 21 Upcoming Dividend Increases Including 1 Dividend King
- Aug -20 - Peoples Bancorp Announces Cash Dividend
- Jul -19 - Peoples Bancorp Announces Second Quarter Earnings Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking Operations
Expected Growth : 4.5 %
What the company do ?
Peoples Bancorp of North Carolina, Inc. provides community banking services, including deposit accounts, loans, and other financial services to individuals and businesses.
Why we expect these perspectives ?
Growing demand for community banking services, increasing loan portfolio, and expanding branch network are expected to drive Peoples Bancorp's growth. Additionally, strategic acquisitions and investments in digital banking platforms will further boost revenue.
Segment n°2 -> Community Bank Real Estate Solutions (CBRES)
Expected Growth : 4.5 %
What the company do ?
Community Bank Real Estate Solutions (CBRES) is a division of Peoples Bancorp of North Carolina, Inc. that provides construction, permanent, and interim financing for commercial and residential real estate projects.
Why we expect these perspectives ?
Growing demand for commercial and residential real estate projects, increasing construction activities, and government initiatives to boost infrastructure development are expected to drive the growth of Community Bank Real Estate Solutions.
Segment n°3 -> Other
Expected Growth : 4.5 %
What the company do ?
The 'Other' segment from Peoples Bancorp of North Carolina, Inc. includes miscellaneous income and expenses not classified elsewhere.
Why we expect these perspectives ?
The 'Other' segment's growth is driven by increasing miscellaneous income from various sources, including fees from treasury management services and debit card interchange fees, as well as a decline in miscellaneous expenses, such as reduced FDIC insurance premiums.
Peoples Bancorp Of North Carolina, Inc. Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | Peoples Bancorp of North Carolina, Inc. offers a range of personal banking services, including checking and savings accounts, credit cards, loans, and investment products. |
| Business Banking | The company provides business banking services, including commercial loans, cash management, and treasury management solutions, to help businesses grow and succeed. |
| Mortgage Lending | Peoples Bancorp of North Carolina, Inc. offers a variety of mortgage loan options, including fixed-rate and adjustable-rate mortgages, construction loans, and home equity loans. |
| Investment and Insurance Services | The company provides investment and insurance services, including brokerage services, retirement planning, and insurance products, to help individuals and businesses achieve their financial goals. |
| Wealth Management | Peoples Bancorp of North Carolina, Inc. offers wealth management services, including trust and estate services, investment management, and financial planning, to help individuals and families manage their wealth. |
Peoples Bancorp of North Carolina, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Peoples Bancorp of North Carolina, Inc. is medium due to the presence of alternative banking services and financial institutions.
Bargaining Power Of Customers
The bargaining power of customers for Peoples Bancorp of North Carolina, Inc. is low due to the lack of concentration of customers and the availability of multiple banking options.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Peoples Bancorp of North Carolina, Inc. is medium due to the presence of multiple suppliers and the moderate level of dependence on them.
Threat Of New Entrants
The threat of new entrants for Peoples Bancorp of North Carolina, Inc. is high due to the relatively low barriers to entry and the presence of fintech companies.
Intensity Of Rivalry
The intensity of rivalry for Peoples Bancorp of North Carolina, Inc. is high due to the presence of multiple competitors and the high level of competition in the banking industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 39.11% |
| Debt Cost | 3.95% |
| Equity Weight | 60.89% |
| Equity Cost | 7.00% |
| WACC | 5.81% |
| Leverage | 64.22% |
Peoples Bancorp of North Carolina, Inc. : Quality Control
Peoples Bancorp of North Carolina, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CPF | Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in the United States. It … |
| HOPE | Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company … |
| NRIM | Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community … |
| CHMG | Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, … |
| STBA | S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Central Pacific Financial
A-Score
1-Year Total Return ->
🥈
S&T Bancorp
A-Score
1-Year Total Return ->
🥉
Northrim Bank
A-Score
1-Year Total Return ->
4
Chemung Financial
A-Score
1-Year Total Return ->
5
Hope Bancorp
A-Score
1-Year Total Return ->
6
