Peoples Bancorp of North Carolina, Inc. (PEBK) Income Statement
PEBK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPEBK revenue and net income
Where PEBK's revenue goes
2025Each bar shows an amount and its share of revenue. PEBK kept 17.3% of revenue as net income.
PEBK profit margins
PEBK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.2% | +17.5% | +12.2% | +8.4% |
| Gross profit | +24.7% | +10.5% | +9.5% | +6.5% |
| Operating income | +23.5% | +8.4% | +13.3% | +7.3% |
| Net income | +21.3% | +7.1% | +11.8% | +7.5% |
| EPS (diluted) | +16.3% | +8.4% | +13.2% | +8.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PEBK quarterly EPS vs estimates
Peoples Bancorp NC beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: October 19, 2026.
PEBK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $114.6M | $97.8M | $85.8M | $70.7M | $63.9M | $64.6M | $63.5M | $57.5M | $53.6M | $52.6M |
| Cost of revenue | $25.5M | $26.4M | $18.7M | $4.8M | $2.0M | $8.1M | $4.6M | $2.9M | $1.9M | $2.1M |
| Gross profit | $89.1M | $71.4M | $67.1M | $65.9M | $61.8M | $56.5M | $58.9M | $54.6M | $51.7M | $50.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $37.2M | $29.8M | $28.1M | $27.3M | $25.5M | $24.6M | $24.4M | $23.2M | $22.0M | $21.3M |
| Total operating expenses | $63.2M | $50.5M | $47.1M | $45.6M | $42.9M | $42.6M | $41.7M | $38.6M | $37.5M | $38.8M |
| Operating income | $25.9M | $20.9M | $19.9M | $20.3M | $18.9M | $13.8M | $17.2M | $16.0M | $14.2M | $11.7M |
| Interest income | $83.6M | $80.7M | $69.2M | $54.4M | $47.2M | $48.0M | $49.6M | $45.4M | $41.9M | $39.8M |
| Interest expense | $24.6M | $26.7M | $17.1M | $3.3M | $3.2M | $3.8M | $3.8M | $2.1M | $2.4M | $3.3M |
| Income before taxes | $25.9M | $20.9M | $19.9M | $20.3M | $18.9M | $13.8M | $17.2M | $16.0M | $14.2M | $11.7M |
| Income taxes | $6.0M | $4.6M | $4.4M | $4.2M | $3.8M | $2.5M | $3.1M | $2.6M | $3.9M | $2.6M |
| Net income | $19.8M | $16.4M | $15.5M | $16.1M | $15.1M | $11.4M | $14.1M | $13.4M | $10.3M | $9.2M |
| EBITDA | $28.6M | $23.8M | $23.0M | $26.3M | $24.5M | $18.0M | $21.2M | $20.6M | $19.2M | $17.2M |
| EPS (diluted) | $3.63 | $3.12 | $2.77 | $2.85 | $2.63 | $1.95 | $2.36 | $2.22 | $1.78 | $1.45 |
| Gross margin | 77.7% | 73.0% | 78.2% | 93.2% | 96.8% | 87.5% | 92.7% | 94.9% | 96.5% | 96.1% |
| Operating margin | 22.6% | 21.4% | 23.2% | 28.7% | 29.6% | 21.4% | 27.1% | 27.8% | 26.5% | 22.3% |
| Net margin | 17.3% | 16.7% | 18.1% | 22.8% | 23.7% | 17.6% | 22.2% | 23.3% | 19.2% | 17.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.8M | $27.3M | $31.2M | $24.9M | $25.0M | $23.8M | $24.7M | $24.8M | $24.6M | $23.6M | $23.1M | $22.5M |
| Cost of revenue | $6.3M | $6.3M | $6.5M | $6.8M | $5.9M | $6.3M | $6.4M | $7.2M | $6.2M | $6.6M | $6.3M | $5.5M |
| Gross profit | $20.4M | $21.0M | $24.6M | $18.1M | $19.1M | $17.6M | $18.4M | $17.6M | $18.5M | $17.0M | $16.8M | $17.0M |
| Sales, general & admin | $8.8M | $9.6M | $7.6M | $7.6M | $7.6M | $7.2M | $8.2M | $7.0M | $7.1M | $7.4M | $7.5M | $7.1M |
| Total operating expenses | $13.7M | $15.4M | $15.9M | $13.3M | $12.5M | $11.9M | $13.8M | $12.2M | $12.2M | $12.3M | $12.4M | $11.7M |
| Operating income | $6.7M | $5.6M | $8.8M | $4.8M | $6.7M | $5.6M | $4.6M | $5.3M | $6.3M | $4.7M | $4.4M | $5.3M |
| Interest income | $21.5M | $20.9M | $21.5M | $21.4M | $20.7M | $20.0M | $20.4M | $20.5M | $20.1M | $19.8M | $19.2M | $18.3M |
| Interest expense | $5.6M | $5.8M | $6.2M | $6.3M | $6.1M | $6.0M | $6.6M | $6.9M | $6.7M | $6.5M | $5.9M | $5.0M |
| Income before taxes | $6.7M | $5.6M | $8.8M | $4.8M | $6.7M | $5.6M | $4.6M | $5.3M | $6.3M | $4.7M | $4.4M | $5.3M |
| Income taxes | $1.5M | $1.2M | $2.1M | $1.1M | $1.5M | $1.3M | $1.0M | $1.4M | $1.4M | $787,000 | $984,000 | $1.2M |
| Net income | $5.2M | $4.4M | $6.6M | $3.7M | $5.2M | $4.3M | $3.6M | $4.0M | $4.9M | $3.9M | $3.4M | $4.1M |
| EBITDA | $7.4M | $6.3M | $9.4M | $5.5M | $7.4M | $6.3M | $5.3M | $6.1M | $7.0M | $5.4M | $5.1M | $6.0M |
| EPS (diluted) | $0.96 | $0.80 | $1.21 | $0.67 | $0.95 | $0.79 | $0.79 | $0.72 | $0.89 | $0.72 | $0.62 | $0.74 |
| Gross margin | 76.3% | 76.8% | 79.1% | 72.6% | 76.4% | 73.6% | 74.2% | 70.9% | 74.9% | 72.1% | 72.8% | 75.4% |
| Operating margin | 25.1% | 20.7% | 28.1% | 19.3% | 26.6% | 23.6% | 18.6% | 21.5% | 25.5% | 20.0% | 19.1% | 23.5% |
| Net margin | 19.6% | 16.1% | 21.3% | 14.8% | 20.6% | 18.2% | 14.4% | 16.0% | 19.8% | 16.7% | 14.9% | 18.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PEBK's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PEBK financial results
In fiscal year 2025 (ended December 31, 2025), Peoples Bancorp NC reported revenue of $114.6 million, up 17.2% from the year before. It had net income of $19.8 million (up 21.3%), a net profit margin of 17.3%. Diluted earnings per share came to $3.63. Over five years revenue grew at an average rate of 12.2% a year.
See the PEBK stock overview for the latest quote and news, or the PEBK chart for price history and technical indicators.
PEBK income statement FAQ
What is Peoples Bancorp NC's annual revenue?
Peoples Bancorp NC reported total revenue of $114.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 17.2% from $97.8 million the previous year.
Is Peoples Bancorp NC profitable?
Yes. Peoples Bancorp NC reported net income of $19.8 million in fiscal 2025, a net profit margin of 17.3%; its operating margin was 22.6%.
What is Peoples Bancorp NC's gross margin?
Peoples Bancorp NC's gross margin was 77.7% in fiscal 2025: for every $100 of revenue, Peoples Bancorp NC kept $78 after the direct cost of its products and services.
How fast is Peoples Bancorp NC growing?
Revenue grew 12.2% a year on average over the last five fiscal years, from $64.6 million to $114.6 million.
What are Peoples Bancorp NC's earnings per share?
Peoples Bancorp NC earned $3.63 per diluted share in fiscal 2025, compared with $3.12 a year earlier.
When will Peoples Bancorp NC report its next earnings?
Peoples Bancorp NC is expected to report results for the quarter ending September 30, 2026 on October 19, 2026 before the market opens.
When does Peoples Bancorp NC's fiscal year end?
Peoples Bancorp NC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.