Peoples Bancorp Inc

PEBO remains in a Stage 2 advance with a clear HH/HL uptrend off the December low and rising EMAs. Although a mid-April Bullish Exhaustion pattern and overbought readings signal a short-term pullback, the advance regime is intact above the 9/21/50-period EMAs. A pullback into the rising EMAs near recent support offers a structurally favorable entry, warranting patience until price demonstrates acceptance at EMAs.

• ↑EPS seen up 40% YoY to $0.84 next quarter, boosting profitability.
• ↑Revenue projected +4.5% YoY to $119.65M, supporting loan growth of 3–5%.
• ↓Provision for credit losses rose to $9.7M amid macroeconomic headwinds.