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Sign InPeoples Bancorp (Nasdaq: PEBO) has declared a 2% increase in its quarterly cash dividend to $0.42 per share, following a solid Q1 2026 performance with net income reaching $29.0 million, or $0.81 per share. The bank reported an improved net interest margin of 4.16%, bolstered by a significant $191.8 million increase in core deposits. However, the provision for credit losses was raised to $9.7 million, driven by net charge-offs and adjustments to macroeconomic models. The current dividend represents a payout ratio of 51.7% of quarterly earnings, maintaining a sustainable balance between growth and shareholder returns. Based on the April 17, 2026 closing price, the annualized dividend yield stands at 4.89%. These updates underscore management's confidence in the bank's core operational strength despite shifting economic conditions.