Peoples Bancorp Inc. (PEBO) Balance Sheet
PEBO balance sheet, 2025
December 31, 2025 · U.S. dollars$9.65B assets = $8.44B liabilities + $1.21B equity
Both columns are drawn to the same scale: what PEBO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PEBO financial health
Descriptive bands, not a rating. Fiscal 2025.
PEBO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.43B2016 | $9.65B2025 | +12.2%/yr | |
| Total liabilities | $3.00B2016 | $8.44B2025 | +12.2%/yr | |
| Shareholders’ equity | $435.3M2016 | $1.21B2025 | +12.0%/yr | |
| Cash & short-term investments | $844.1M2016 | $189.0M2025 | −15.3%/yr | |
| Total debt | $450.8M2016 | $734.4M2025 | +5.6%/yr | |
| Net cash (debt) | $393.3M2016 | −$545.5M2025 | −$938.8M | |
| Working capital | −$2.05B2016 | −$1.27B2025 | +$780.2M | |
| Book value per share | $23.972016 | $34.132025 | +4.0%/yr | |
| Debt / equity | 1.042016 | 0.612025 | −0.43 | |
| Shares outstanding | 18.2M2016 | 35.4M2025 | +7.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PEBO assets
PEBO liabilities and equity
PEBO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PEBO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $189.0M | $1.30B | $1.48B | $1.29B | $1.69B | $905.1M | $1.05B | $869.5M | $867.4M | $844.1M |
| Cash & equivalents | $189.0M | $217.7M | $426.7M | $154.0M | $415.7M | $152.1M | $115.2M | $77.6M | $72.2M | $66.1M |
| Short-term investments | $984.4M | $1.08B | $1.05B | $1.13B | $1.28B | $753.0M | $936.1M | $791.9M | $795.2M | $777.9M |
| Receivables | $6.68B | $393.7M | $403.2M | $336.6M | $122.5M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | −$291.5M | −$186.1M | −$442.7M | $134,000 | $227,000 | $94,000 | $208,000 | $661,000 |
| Other current assets | $2.7M | $0 | $291.5M | $186.1M | $442.7M | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $6.87B | $1.69B | $1.88B | $1.62B | $1.81B | $905.1M | $1.05B | $869.5M | $867.4M | $844.1M |
| Property, plant & equipment (net) | $100.5M | $103.7M | $103.9M | $82.9M | $89.3M | $60.1M | $61.8M | $56.5M | $52.5M | $53.6M |
| Goodwill & intangible assets | $393.3M | $402.4M | $412.2M | $326.3M | $291.0M | $184.6M | $177.8M | $162.1M | $144.6M | $146.0M |
| Long-term investments | $1.91B | $1.86B | $1.80B | $1.74B | $1.68B | $3.36B | $2.86B | $2.71B | $2.34B | $2.21B |
| Other non-current assets | $371.1M | $5.19B | $4.97B | $3.43B | $3.19B | $253.7M | $207.8M | $195.4M | $178.9M | $182.1M |
| Total assets | $9.65B | $9.25B | $9.16B | $7.21B | $7.06B | $4.76B | $4.36B | $3.99B | $3.58B | $3.43B |
| Liabilities | ||||||||||
| Accounts payable | $7.61B | — | — | $5.72B | $5.86B | $3.91B | $3.29B | $2.96B | $2.73B | $2.51B |
| Short-term debt | $530.3M | $193.5M | $517.5M | $500.1M | $166.5M | $73.3M | $317.0M | $356.2M | $209.5M | $345.6M |
| Total current liabilities | $8.14B | $7.78B | $7.62B | $6.32B | $6.12B | $4.07B | $3.68B | $3.36B | $2.98B | $2.89B |
| Long-term debt | $204.1M | $238.1M | $216.2M | $101.1M | $99.5M | $110.6M | $83.1M | $109.6M | $144.0M | $145.2M |
| Other long-term liabilities | $0 | $120.9M | $267.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $8.44B | $8.14B | $8.10B | $6.42B | $6.22B | $4.19B | $3.76B | $3.47B | $3.12B | $3.00B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $871.6M | $866.8M | $865.2M | $686.5M | $686.3M | $422.5M | $420.9M | $386.8M | $345.4M | $344.4M |
| Retained earnings (deficit) | $436.7M | $388.1M | $327.2M | $265.9M | $207.1M | $190.7M | $187.1M | $161.0M | $133.4M | $110.3M |
| Treasury stock | — | — | — | — | −$36.7M | −$38.9M | −$12.2M | −$14.1M | −$16.0M | −$17.9M |
| Accumulated other comprehensive income | −$70.6M | −$110.4M | −$101.6M | −$127.1M | −$11.6M | $1.3M | −$1.4M | −$12.9M | −$5.2M | −$1.6M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.21B | $1.11B | $1.05B | $785.3M | $845.0M | $575.7M | $594.4M | $520.8M | $458.6M | $435.3M |
| Key figures | ||||||||||
| Total debt | $734.4M | $431.5M | $733.7M | $601.2M | $266.0M | $183.8M | $400.1M | $465.8M | $353.5M | $450.8M |
| Net cash (debt) | −$545.5M | $869.7M | $741.3M | $684.2M | $1.43B | $721.3M | $651.2M | $403.7M | $513.9M | $393.3M |
| Working capital | −$1.27B | −$6.09B | −$5.74B | −$4.70B | −$4.31B | −$3.17B | −$2.63B | −$2.49B | −$2.11B | −$2.05B |
| Tangible book value | $813.3M | $709.2M | $641.4M | $459.0M | $554.0M | $391.1M | $416.6M | $358.7M | $314.0M | $289.2M |
| Book value per share | $34.13 | $31.63 | $32.16 | $28.05 | $38.48 | $29.01 | $29.32 | $27.24 | $25.18 | $23.97 |
| Shares outstanding | 35.4M | 35.1M | 32.8M | 28.0M | 22.0M | 19.8M | 20.3M | 19.1M | 18.2M | 18.2M |
| Current ratio | 0.84 | 0.22 | 0.25 | 0.26 | 0.30 | 0.22 | 0.29 | 0.26 | 0.29 | 0.29 |
| Quick ratio | 0.84 | 0.22 | 0.25 | 0.26 | 0.30 | 0.22 | 0.29 | 0.26 | 0.29 | 0.29 |
| Debt / equity | 0.61 | 0.39 | 0.70 | 0.77 | 0.31 | 0.32 | 0.67 | 0.89 | 0.77 | 1.04 |
| Equity / assets | 12.5% | 12.0% | 11.5% | 10.9% | 12.0% | 12.1% | 13.6% | 13.0% | 12.8% | 12.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $106.6M | $112.3M | $189.0M | $1.17B | $197.0M | $1.26B | $1.30B | $1.36B | $1.36B | $1.55B | $1.48B | $1.32B |
| Cash & equivalents | $106.6M | $112.3M | $189.0M | $190.2M | $186.1M | $187.0M | $217.7M | $283.7M | $235.9M | $429.7M | $426.7M | $299.1M |
| Short-term investments | $76.1M | $69.9M | $984.4M | $976.9M | $10.9M | $1.07B | $1.08B | $1.08B | $1.12B | $1.12B | $1.05B | $1.02B |
| Receivables | $0 | $0 | $6.68B | $364.7M | $380.4M | $395.5M | $393.7M | $416.0M | $415.4M | $409.8M | $403.2M | $402.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$651.3M | −$839.5M | −$291.5M | −$330.7M |
| Other current assets | $0 | $0 | $2.7M | $0 | $0 | $0 | $0 | $0 | $651.3M | $839.5M | $291.5M | $330.7M |
| Total current assets | $106.6M | $112.3M | $6.87B | $1.17B | $577.4M | $1.66B | $1.69B | $1.78B | $1.77B | $1.96B | $1.88B | $1.72B |
| Property, plant & equipment (net) | $97.6M | $99.3M | $100.5M | $103.6M | $103.9M | $103.8M | $103.7M | $105.2M | $106.6M | $107.3M | $103.9M | $103.9M |
| Goodwill & intangible assets | $390.0M | $391.6M | $393.3M | $395.5M | $397.8M | $400.1M | $402.4M | $403.9M | $406.4M | $409.3M | $412.2M | $408.5M |
| Long-term investments | $1.75B | $1.90B | $1.91B | $1.91B | $1.96B | $1.83B | $1.86B | $1.78B | $1.88B | $1.86B | $1.80B | $1.76B |
| Other non-current assets | $7.20B | $7.15B | $371.1M | $6.04B | $6.51B | $5.25B | $5.19B | $5.07B | $5.06B | $4.94B | $4.97B | $4.95B |
| Total assets | $9.54B | $9.65B | $9.65B | $9.62B | $9.54B | $9.25B | $9.25B | $9.14B | $9.23B | $9.27B | $9.16B | $8.94B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | $7.61B | — | — | — | — | — | — | — | — | — |
| Short-term debt | $588.7M | $505.9M | $530.3M | $483.6M | $396.9M | $19.2M | $193.5M | $12.9M | $319.7M | $350.5M | $517.5M | $585.4M |
| Total current liabilities | $588.7M | $505.9M | $8.14B | $483.6M | $8.03B | $7.75B | $7.78B | $7.50B | $7.62B | $7.68B | $7.62B | $7.62B |
| Long-term debt | $156.3M | $185.4M | $204.1M | $227.3M | $232.4M | $237.0M | $238.1M | $236.8M | $234.3M | $236.3M | $216.2M | $173.3M |
| Other long-term liabilities | $7.56B | $7.74B | $0 | $7.73B | $120.8M | $117.2M | $120.9M | $282.6M | $296.9M | $295.4M | $267.2M | $153.0M |
| Total liabilities | $8.30B | $8.43B | $8.44B | $8.44B | $8.39B | $8.11B | $8.14B | $8.02B | $8.15B | $8.21B | $8.10B | $7.95B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $869.7M | $867.5M | $871.6M | $870.0M | $868.5M | $866.4M | $866.8M | $865.3M | $864.0M | $861.9M | $865.2M | $864.0M |
| Retained earnings (deficit) | $464.0M | $451.1M | $436.7M | $421.1M | $406.3M | $398.2M | $388.1M | $375.4M | $357.9M | $343.1M | $327.2M | $307.5M |
| Accumulated other comprehensive income | −$70.7M | −$76.0M | −$70.6M | −$77.5M | −$90.3M | −$95.7M | −$110.4M | −$82.5M | −$110.2M | −$108.9M | −$101.6M | −$143.8M |
| Total shareholders' equity | $1.24B | $1.22B | $1.21B | $1.18B | $1.15B | $1.14B | $1.11B | $1.12B | $1.08B | $1.06B | $1.05B | $993.2M |
| Key figures | ||||||||||||
| Total debt | $744.9M | $691.3M | $734.4M | $710.9M | $629.3M | $256.2M | $431.5M | $249.8M | $554.0M | $586.8M | $733.7M | $758.7M |
| Net cash (debt) | −$638.3M | −$579.0M | −$545.5M | $456.3M | −$432.2M | $1.00B | $869.7M | $1.11B | $801.0M | $959.4M | $741.3M | $558.9M |
| Working capital | −$482.1M | −$393.6M | −$1.27B | $683.5M | −$7.46B | −$6.10B | −$6.09B | −$5.72B | −$5.85B | −$5.72B | −$5.74B | −$5.90B |
| Tangible book value | $846.6M | $824.4M | $813.3M | $787.2M | $755.6M | $737.7M | $709.2M | $721.0M | $671.4M | $652.7M | $641.4M | $584.7M |
| Book value per share | $34.80 | $34.27 | $34.04 | $33.41 | $32.67 | $32.24 | $31.51 | $31.96 | $30.69 | $30.30 | $30.02 | $28.33 |
| Shares outstanding | 35.5M | 35.5M | 35.4M | 35.4M | 35.3M | 35.3M | 35.3M | 35.2M | 35.1M | 35.1M | 35.1M | 35.1M |
| Current ratio | 0.18 | 0.22 | 0.84 | 2.41 | 0.07 | 0.21 | 0.22 | 0.24 | 0.23 | 0.25 | 0.25 | 0.23 |
| Quick ratio | 0.18 | 0.22 | 0.84 | 3.17 | 0.07 | 0.21 | 0.22 | 0.24 | 0.23 | 0.25 | 0.25 | 0.23 |
| Debt / equity | 0.60 | 0.57 | 0.61 | 0.60 | 0.55 | 0.23 | 0.39 | 0.22 | 0.51 | 0.55 | 0.70 | 0.76 |
| Equity / assets | 13.0% | 12.6% | 12.5% | 12.3% | 12.1% | 12.3% | 12.0% | 12.3% | 11.7% | 11.5% | 11.5% | 11.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
PEBO financial position
At the end of fiscal 2025 (December 31, 2025), Peoples Bancorp had total assets of $9.6 billion (up 4.3% from a year earlier), total liabilities of $8.4 billion and shareholders' equity of $1.2 billion. It held $189.0 million in cash and short-term investments against $734.4 million of debt, net debt of $545.5 million. Its current ratio was 0.84. In the latest quarter (ended June 30, 2026) total assets were $9.5 billion and equity $1.2 billion.
Related: PEBO income statement, PEBO cash flow statement, PEBO key metrics. See the PEBO stock overview for the latest quote and news.
PEBO balance sheet FAQ
What are Peoples Bancorp's total assets?
Peoples Bancorp reported total assets of $9.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $9.3 billion a year earlier.
How much debt does Peoples Bancorp have?
Peoples Bancorp had $734.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.61.
How much cash does Peoples Bancorp have?
Peoples Bancorp held $189.0 million in cash and short-term investments at the end of fiscal 2025; with $734.4 million of debt that is net debt of $545.5 million.
What is Peoples Bancorp's book value?
Peoples Bancorp's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $34.13 per share.
What is Peoples Bancorp's current ratio?
Peoples Bancorp had current assets of $6.9 billion and current liabilities of $8.1 billion, a current ratio of 0.84 (current liabilities exceed current assets).
How much goodwill does Peoples Bancorp have?
Peoples Bancorp carried $393.3 million of goodwill and intangible assets, 4.1% of total assets, at the end of fiscal 2025.