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Peoples Bancorp Q2 FY26 net earnings edge up to $5.2 million; net interest margin widens 23 percentage points to 3.80%

PUBT·07/20/2026 13:03:39
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Peoples Bancorp Q2 FY26 net earnings edge up to $5.2 million; net interest margin widens 23 percentage points to 3.80%
  • Peoples Bancorp of North Carolina posted Q2 net earnings of USD 5.2 million, or USD 0.98 a share, up 1.03% year over year.
  • Net interest margin widened to 3.80% from 3.57% a year earlier, a 0.23 percentage-point increase.
  • Net interest income rose to USD 16 million from USD 14.6 million, as interest expense fell on Fed rate cuts.
  • Total loans climbed to USD 1.28 billion at June 30 from USD 1.2 billion at Dec. 31; deposits increased to USD 1.57 billion from USD 1.51 billion.
  • Provision for credit losses turned to USD 293,000 from a USD 213,000 recovery, reflecting faster loan growth.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peoples Bancorp of North Carolina Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607200900ACCESSWRNAPR_____1191336) on July 20, 2026, and is solely responsible for the information contained therein.