# Peoples Bancorp of North Carolina Q3 Earnings Rise to $1.05 Per Share

- URL: https://stocks.freetheai.org/news/peoples-bancorp-of-north-carolina-q3-earnings-rise-to-1-05-per-share-f97fb7
- Published: 2026-10-19T13:00:00Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:PEBK](https://stocks.freetheai.org/symbols/NASDAQ-PEBK)
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Peoples Bancorp of North Carolina, Inc. (PEBK) reported Q3 2026 net earnings of $5.7 million, or $1.05 per diluted share, up from $0.67 per share in the prior-year period. Following the report, shares traded at $44.32, up 0.36% for the day.

The profit expansion was fueled by a rise in net interest income to $16.7 million, up from $15.1 million a year earlier, driven by total loan growth to $1.30 billion compared to $1.20 billion in December 2025. Lower credit loss provisions of $0.25 million and reduced non-interest expenses of $15.8 million also boosted profitability, offsetting a drop in non-interest income to $6.7 million.

Investors will be monitoring whether the bank can maintain net interest income growth and cost discipline while keeping credit quality stable across its expanding loan portfolio.

## Key points

- Peoples Bancorp of North Carolina recorded Q3 2026 diluted EPS of $1.05, up from $0.67 a year ago.
- Q3 net interest income rose to $16.7 million, supported by total loan growth to $1.30 billion.
- Non-interest expenses fell to $15.8 million, helping offset a decline in fee income to $6.7 million.
- Credit loss provisions decreased to $0.25 million from $0.53 million in the prior-year quarter.

## Questions and answers

### What were Peoples Bancorp of North Carolina's Q3 2026 earnings?

Peoples Bancorp of North Carolina reported Q3 2026 net income of $5.7 million, or $1.05 diluted EPS, compared to $0.67 per share in the same period a year ago.

### Why did Peoples Bancorp's Q3 earnings increase?

Earnings grew due to higher net interest income of $16.7 million, lower provisions for credit losses of $0.25 million, and reduced operating expenses of $15.8 million.

### How much did Peoples Bancorp's loan portfolio grow?

Total loans grew to $1.30 billion in Q3 2026, up from $1.20 billion recorded in December 2025.