Peoples Bancorp Inc. - Common Stock (PEBO)

Competitors to Peoples Bancorp Inc. - Common Stock (PEBO)

First Financial Bancorp 

First Financial Bancorp and Peoples Bancorp compete primarily in the regional banking sector, offering similar financial products such as commercial and retail banking services. First Financial has a strong presence in the Midwest and utilizes advanced digital banking technologies, which attracts a tech-savvy customer base. Additionally, First Financial has been growing through strategic acquisitions, improving its market share and operational efficiencies.

Horizon Bancorp, Inc. 

Horizon Bancorp and Peoples Bancorp compete in the banking space, particularly in providing personalized banking solutions. Horizon has made significant investments in community involvement, which resonates with local customers, accompanying tailored solutions for individuals and businesses. Although they have a strong community focus, Peoples Bancorp's established network and systems potentially give it a slight edge in reaching a broader audience.

Old National Bancorp 

Old National Bancorp and Peoples Bancorp share competition in the community banking landscape, offering similar products such as loans, deposits, and various financial services. Old National is noted for its robust technology platform which enhances the customer experience, giving it a competitive advantage in attracting younger clients who prioritize digital services. However, Peoples Bancorp leverages its smaller size to foster closer relationships with its customers, creating a strong sense of community.

Park National Corporation 

Park National Corporation competes with Peoples Bancorp by focusing heavily on community-oriented banking and personalized service for both personal and business banking customers. Park National benefits from a regional reputation and a network that covers multiple states, granting it competitive scale. However, the comparative nimbleness of Peoples Bancorp may allow it to respond to customer needs and preferences more swiftly.

United Bankshares, Inc. 

United Bankshares positions itself through a combination of retail and commercial banking services, similarly to Peoples Bancorp. They compete through a broad range of financial offerings and a significant focus on customer service. United Bankshares has a competitive advantage due to its larger size and diversified portfolio, which allows for greater economies of scale and resource allocation compared to Peoples Bancorp.