Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Debt-to-Equity : 0.17 (As of Mar. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Peoples Bancorp of North Carolina Debt-to-Equity?

Peoples Bancorp of North Carolina's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Peoples Bancorp of North Carolina's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20.12 Mil. Peoples Bancorp of North Carolina's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $121.09 Mil. Peoples Bancorp of North Carolina's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Peoples Bancorp of North Carolina's Debt-to-Equity or its related term are showing as below:

PEBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.2 Max: 0.92
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Peoples Bancorp of North Carolina was 0.92. The lowest was 0.13. And the median was 0.20.

PEBK's Debt-to-Equity is ranked better than
84.63% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs PEBK: 0.17

Peoples Bancorp of North Carolina Debt-to-Equity Historical Data

The historical data trend for Peoples Bancorp of North Carolina's Debt-to-Equity 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 of North Carolina Debt-to-Equity Chart

Peoples Bancorp of North Carolina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.20

0.17

Peoples Bancorp of North Carolina Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.18	0.19	0.17	0.17

Competitive Comparison of Peoples Bancorp of North Carolina's Debt-to-Equity

For the Banks - Regional subindustry, Peoples Bancorp of North Carolina's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 of North Carolina's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Peoples Bancorp of North Carolina's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Peoples Bancorp of North Carolina's Debt-to-Equity falls into.

Peoples Bancorp of North Carolina Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Peoples Bancorp of North Carolina's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	20.296)	/	121.016
	=	0.17

Peoples Bancorp of North Carolina's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	20.124)	/	121.092
	=	0.17

Peoples Bancorp of North Carolina (NAS:PEBK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Peoples Bancorp of North Carolina Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Peoples Bancorp of North Carolina's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Peoples Bancorp of North Carolina (Peoples Bancorp of North Carolina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Peoples Bancorp of North Carolina Inc (NAS:PEBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

518 West C Street, Newton, NC, USA, 28658

Website

https://www.peoplesbanknc.com

Peoples Bancorp of North Carolina Inc is a bank holding company. It is a state-chartered commercial bank serving Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Cornelius, Mooresville, Raleigh, and Cary, North Carolina. It has a diversified loan portfolio with no foreign loans and few agricultural loans. The company's main source of income is dividends declared and paid by the Bank on its capital stock.

Executives

James S Abernethy	director
Douglas S Howard	director	518 WEST C. STREET, NEWTON NC 28658
Price Billy L Jr Dr	director
Benjamin I Zachary	director	P O BOX 467, NEWTON NC 286580467
Lance A Sellers	officer: EVP and Chief Credit Officer
William D Cable	officer: EVP and COO	P O BOX 467, NEWTON NC 286580467
Timothy Paul Turner	officer: EVP, Chief Credit Officer	PO BOX 467, NEWTON NC 28658
James Owen Perry	officer: EVP Chief Retail Banking Offcr	PO BOX 467, NEWTON NC 28658
Kim Boyd-leaks	director, officer: Chief Banking Support Officer	PO BOX 467, NEWTON NC 28658
Christine S Abernethy	10 percent owner	518 WEST C STREET, NEWTON NC 28658
Robert C Abernethy	director, officer: Chairman	P O BOX 467, NEWTON NC 286580467
A Joseph Lampron	officer: EVP & CFO	P O BOX 467, NEWTON NC 286580467
Jeffrey N. Hooper	officer: EVP/Chief Financial Officer	518 WEST C ST, NEWTON NC 28658
Lineberger John W Jr	director	2200 WEST LOOP STE 900, C/O IEC CO, HOUSTON TX 77027
William Gregory Terry	director	218 SOUTH MAIN STREET, NEWTON NC 28658