In This Article:
Peoples Bancorp of North Carolina (NASDAQ:PEBK) Full Year 2024 Results
Key Financial Results
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Revenue: US$82.1m (up 7.9% from FY 2023).
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Net income: US$16.4m (up 5.2% from FY 2023).
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Profit margin: 20% (in line with FY 2023).
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EPS: US$3.09 (up from US$2.87 in FY 2023).
PEBK Banking Performance Indicators
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Net interest margin (NIM): 3.36% (down from 3.51% in FY 2023).
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Non-performing loans: 0.39% (up from 0.36% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Banking Operations (excl. Community Bank Real Estate Solutions, Llc (CBRES)) segment contributing a total revenue of US$71.5m (87% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$39.2m (60% of total expenses). Explore how PEBK's revenue and expenses shape its earnings.
Peoples Bancorp of North Carolina's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Peoples Bancorp of North Carolina, and understanding this should be part of your investment process.
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