v3.26.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Summary of Common Stock and Treasury Stock
The following table details the progression in Peoples’ common shares and treasury stock during the three months ended March 31, 2026:
 Common SharesTreasury
Stock
Shares at December 31, 202536,836,943 1,215,120 
Changes related to stock-based compensation awards:  
Release of restricted common shares— 59,580 
Cancellation of restricted common shares— 7,683 
Grant of restricted common shares— (256,199)
Grant of unrestricted common shares— — 
Purchase of treasury stock— 3,321 
Disbursed out of treasury stock— (1,036)
Common shares repurchased under share repurchase program— — 
Common shares issued under dividend reinvestment plan11,659 — 
Common shares issued under compensation plan for Boards of Directors
— (3,990)
Common shares issued under employee stock purchase plan
— (6,876)
Shares at March 31, 202636,848,602 1,017,603 
Summary of Dividends Declared The following table details the cash dividends declared per common share during the first two quarters of 2026 as of April 2026 and the comparable periods of 2025:
20262025
First quarter$0.41 $0.40 
Second quarter0.42 0.41 
Total dividends declared$0.83 $0.81 
Summary of Accumulated Other Comprehensive (Loss) Income
The following table details the change in the components of Peoples’ accumulated other comprehensive (loss) income during the three months ended March 31, 2026, as related items impact the income statement:
(Dollars in thousands)Unrealized (Loss) Gain on SecuritiesUnrealized Gain (Loss) on Cash Flow HedgesAccumulated Other Comprehensive (Loss) Income
Balance, December 31, 2025$(71,019)$391 $(70,628)
Other comprehensive income (loss), net of reclassifications and tax
(5,419)5 (5,414)
Balance, March 31, 2026$(76,438)$396 $(76,042)