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Peoples Bancorp (Marietta OH) (Peoples Bancorp (Marietta OH)) Piotroski F-Score : 6 (As of Apr. 29, 2024)


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What is Peoples Bancorp (Marietta OH) Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Peoples Bancorp (Marietta OH) has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Peoples Bancorp (Marietta OH)'s Piotroski F-Score or its related term are showing as below:

PEBO' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Peoples Bancorp (Marietta OH) was 8. The lowest was 4. And the median was 7.


Peoples Bancorp (Marietta OH) Piotroski F-Score Historical Data

The historical data trend for Peoples Bancorp (Marietta OH)'s Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peoples Bancorp (Marietta OH) Piotroski F-Score Chart

Peoples Bancorp (Marietta OH) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 7.00 7.00 6.00

Peoples Bancorp (Marietta OH) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 6.00 6.00 6.00 -

Competitive Comparison of Peoples Bancorp (Marietta OH)'s Piotroski F-Score

For the Banks - Regional subindustry, Peoples Bancorp (Marietta OH)'s Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Peoples Bancorp (Marietta OH)'s Piotroski F-Score Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peoples Bancorp (Marietta OH)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Peoples Bancorp (Marietta OH)'s Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was 26.56 + 21.096 + 31.882 + 33.825 = $113.4 Mil.
Cash Flow from Operations was 47.997 + 15.226 + 49.862 + 30.558 = $143.6 Mil.
Revenue was 90.693 + 105.163 + 114.949 + 111.131 = $421.9 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(7207.304 + 7311.52 + 8786.635 + 8942.534 + 9157.382) / 5 = $8281.075 Mil.
Total Assets at the begining of this year (Dec22) was $7,207.3 Mil.
Long-Term Debt & Capital Lease Obligation was $216.2 Mil.
Total Assets was $9,157.4 Mil.
Total Liabilities was $8,103.8 Mil.
Net Income was 23.577 + 24.888 + 25.978 + 26.849 = $101.3 Mil.

Revenue was 71.728 + 77.834 + 84.804 + 88.852 = $323.2 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(7063.521 + 7239.261 + 7278.292 + 7005.854 + 7207.304) / 5 = $7158.8464 Mil.
Total Assets at the begining of last year (Dec21) was $7,063.5 Mil.
Long-Term Debt & Capital Lease Obligation was $101.1 Mil.
Total Assets was $7,207.3 Mil.
Total Liabilities was $6,422.0 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Peoples Bancorp (Marietta OH)'s current Net Income (TTM) was 113.4. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Peoples Bancorp (Marietta OH)'s current Cash Flow from Operations (TTM) was 143.6. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=113.363/7207.304
=0.01572891

ROA (Last Year)=Net Income/Total Assets (Dec21)
=101.292/7063.521
=0.01434016

Peoples Bancorp (Marietta OH)'s return on assets of this year was 0.01572891. Peoples Bancorp (Marietta OH)'s return on assets of last year was 0.01434016. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Peoples Bancorp (Marietta OH)'s current Net Income (TTM) was 113.4. Peoples Bancorp (Marietta OH)'s current Cash Flow from Operations (TTM) was 143.6. ==> 143.6 > 113.4 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=216.241/8281.075
=0.02611267

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=101.093/7158.8464
=0.01412141

Peoples Bancorp (Marietta OH)'s gearing of this year was 0.02611267. Peoples Bancorp (Marietta OH)'s gearing of last year was 0.01412141. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.

Current Ratio (This Year: Dec23)=Total Assets/Total Liabilities
=9157.382/8103.848
=1.13000417

Current Ratio (Last Year: Dec22)=Total Assets/Total Liabilities
=7207.304/6421.976
=1.12228759

Peoples Bancorp (Marietta OH)'s current ratio of this year was 1.13000417. Peoples Bancorp (Marietta OH)'s current ratio of last year was 1.12228759. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Peoples Bancorp (Marietta OH)'s number of shares in issue this year was 35.111. Peoples Bancorp (Marietta OH)'s number of shares in issue last year was 27.971. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.

Net Margin (This Year: TTM)=Net Income/Revenue
=113.363/421.936
=0.26867345

Net Margin (Last Year: TTM)=Net Income/Revenue
=101.292/323.218
=0.31338601

Peoples Bancorp (Marietta OH)'s net margin of this year was 0.26867345. Peoples Bancorp (Marietta OH)'s net margin of last year was 0.31338601. ==> Last year's net margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=421.936/7207.304
=0.05854283

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=323.218/7063.521
=0.04575877

Peoples Bancorp (Marietta OH)'s asset turnover of this year was 0.05854283. Peoples Bancorp (Marietta OH)'s asset turnover of last year was 0.04575877. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+1+0+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Peoples Bancorp (Marietta OH) has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Peoples Bancorp (Marietta OH)  (NAS:PEBO) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Peoples Bancorp (Marietta OH) Piotroski F-Score Related Terms

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Peoples Bancorp (Marietta OH) (Peoples Bancorp (Marietta OH)) Business Description

Traded in Other Exchanges
N/A
Address
138 Putnam Street, PO Box 738, Marietta, OH, USA, 45750-0738
Peoples Bancorp Inc (Marietta OH) is a financial holding company. As a community bank, it offers a complete line of banking, insurance, investment and trust solutions through its financial subsidiaries. It offers demand deposit accounts, savings accounts, real estate mortgage loans, merchant credit card transaction processing services, corporate and personal trust services, life, health, property, and casualty insurance products, brokerage services. The firm also offers telephone and internet-based banking through both personal computers and mobile devices.
Executives
Carol A Schneeberger officer: Executive VP - Operations 138 PUTNAM STREET, MARIETTA OH 45750
Mark Augenstein officer: EVP, Operations 138 PUTNAM STREET, MARIETTA OH 45750
Charles W Sulerzyski director, officer: President and CEO 138 PUTNAM ST, PO BOX 738, MARIETTA OH 45750-0738
Macia Matthew Joseph Blazar officer: Chief Risk Officer 138 PUTNAM STREET, MARIETTA OH 45750
Hugh J Donlon officer: EVP, Community Banking 138 PUTNAM STREET, MARIETTA OH 45750
Dwight Eric Smith director 518 EAST BROAD STREET, COLUMBUS OH 43215
W Glenn Hogan director 420 W. LIBERTY STREET, LOUISVILLE KY 40202
Frances A Skinner director 138 PUTNAM STREET, MARIETTA OH 45750
Susan D. Rector director 138 PUTNAM STREET, PO BOX 738, MARIETTA OH 45750
S Craig Beam director P.O. BOX 738, 138 PUTNAM STREET, MARIETTA OH 45750
Matthew Edgell officer: Chief of Staff 138 PUTNAM STREET, MARIETTA OH 45750
Michael Ryan Kirkham officer: EVP/General Counsel 138 PUTNAM STREET, MARIETTA OH 45750
Kevin R Reeves director 138 PUTNAM STREET, MARIETTA OH 45750
James S. Huggins director 138 PUTNAM STREET, P.O. BOX 738, MARIETTA OH 45750
Michael N Vittorio director