Peoples Bancorp guided for a full-year 2026 net interest margin of 4.10% to 4.30% and expects its Citizens merger to close early in the fourth quarter of 2026. President and CEO Tyler Wilcox said the NIM range assumes a relatively stable rate environment and does not include any benefit from a potential 25-basis-point rate increase. The company reported adjusted diluted earnings per share of $0.96 for the second quarter, with net interest income rising 3% and the net interest margin expanding 7 basis points. Quarterly fee-based income is projected between $28 million and $30 million, and total noninterest expense is expected to be $73 million to $75 million for the remaining two quarters of 2026. Loan growth is anticipated to come in toward the low end of the 3% to 5% guided range due to continued paydowns, while net charge-offs are expected to decline slightly from 2025 levels.
Peoples Bancorp IncPeoples Bancorp guided for a 2026 NIM of 4.10%-4.30% and reported strong Q2 earnings with rising NII and NIM.
Citizens Financial Group, Inc.