PEOPLES BANCORP INC Revenue Disclosure
| (Dollars in thousands) | 2025 | 2024 | 2023 | ||||||||
| Insurance income: | |||||||||||
| Commission and fees from sale of insurance policies (a) | $ | 17,861 | $ | 17,183 | $ | 16,382 | |||||
| Performance-based commissions (b) | 1,731 | 2,218 | 1,634 | ||||||||
| Trust and investment income: | |||||||||||
| Fiduciary income (a) | 12,047 | 11,496 | 10,295 | ||||||||
| Brokerage income (a) | 9,401 | 8,017 | 6,865 | ||||||||
| Electronic banking income: | |||||||||||
| Interchange income (b) | 20,590 | 19,731 | 19,380 | ||||||||
| Promotional and usage income (a) | 4,434 | 5,411 | 5,830 | ||||||||
| Deposit account service charges: | |||||||||||
| Ongoing maintenance fees for deposit accounts (a) | 7,025 | 6,937 | 6,425 | ||||||||
| Transactional-based fees (b) | 9,940 | 10,647 | 10,257 | ||||||||
| Commercial loan swap fees (b) | 1,893 | 1,433 | 782 | ||||||||
| Other non-interest income transactional-based fees (b) | 1,800 | 1,703 | 1,650 | ||||||||
| Total | $ | 86,722 | $ | 84,776 | $ | 79,500 | |||||
| Timing of revenue recognition: | |||||||||||
| Services transferred over time | $ | 50,768 | $ | 49,044 | $ | 45,797 | |||||
| Services transferred at a point in time | 35,954 | 35,732 | 33,703 | ||||||||
| Total | $ | 86,722 | $ | 84,776 | $ | 79,500 | |||||
| (Dollars in thousands) | Contract Assets | Contract Liabilities | ||||||
Balance, January 1, 2025 | $ | 899 | $ | 5,771 | ||||
| Additional income receivable | 88 | — | ||||||
| Additional deferred income | — | 15,188 | ||||||
| Receipt of income previously receivable | (15) | — | ||||||
| Recognition of income previously deferred | — | (15,111) | ||||||
Balance, December 31, 2025 | $ | 972 | $ | 5,848 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 27, 2023 | |
| 2021 | Mar 15, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Mar 3, 2020 | |
| 2018 | Mar 1, 2019 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.