In the Q1, Peoples Bancorp Inc 's corporate clients experienced a reduction by -6.37 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -12.03 %. During the corresponding time, Peoples Bancorp Inc recorded a revenue increase by 6.67 % year on year, sequentially revenue fell by -0.27 %. While revenue at the Peoples Bancorp Inc 's corporate clients fell by -7.76 % year on year, sequentially revenue fell by -12.26 %.
Customers of Peoples Bancorp Inc saw their costs of revenue decrease by -6.37 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -12.03 %, for the same period Peoples Bancorp Inc recorded revenue increase by 6.67 % year on year, sequentially revenue fell by -0.27 %.
Peoples Bancorp Inc's Comment on Sales, Marketing and Customers
Peoples considers its primary market area to consist of the counties where it
has a physical presence and neighboring counties, which includes northeastern,
central, southwestern and southeastern Ohio, west central West Virginia, and northeastern
Kentucky. Peoples currently operates 63 locations in Ohio, 14 locations in West
Virginia and 5 locations in Kentucky. This primary market area largely consists
of rural or small urban areas with a diverse group of industries and employers.
Principal industries in this area include health care, education, agriculture
and other social services; plastics, petrochemical and other manufacturing; oil,
gas and coal production; and tourism and other service-related industries. Because
of this diversity of industries and employers, Peoples earnings are not significantly
dependent upon any single industry segment.
Peoples Bancorp Inc’s Comment on Sales, Marketing and Customers
Peoples considers its primary market area to consist of the counties where it
has a physical presence and neighboring counties, which includes northeastern,
central, southwestern and southeastern Ohio, west central West Virginia, and northeastern
Kentucky. Peoples currently operates 63 locations in Ohio, 14 locations in West
Virginia and 5 locations in Kentucky. This primary market area largely consists
of rural or small urban areas with a diverse group of industries and employers.
Principal industries in this area include health care, education, agriculture
and other social services; plastics, petrochemical and other manufacturing; oil,
gas and coal production; and tourism and other service-related industries. Because
of this diversity of industries and employers, Peoples earnings are not significantly
dependent upon any single industry segment.
Sources:
Peoples Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Peoples Bancorp Inc’s corporate clients.
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