Peoples Bancorp NC Shares Shift: Abernethy & Family Increase Holdings

PEOPLES BANCORP OF NORTH CAROLINA INC: STOCK OWNERSHIP UPDATE

Peoples Bancorp of North Carolina Inc, a prominent financial institution based in Newton, North Carolina, has recently disclosed a change in the ownership of its common stock. The company, which operates within the financial sector, specifically in the banking industry, is listed on the Nasdaq stock exchange. As of the close of trading on August 2, 2026, the stock was priced at $43.40, with a 52-week high of $45.78 recorded on June 9, 2026, and a 52-week low of $26.81 noted on August 6, 2025. The market capitalization of the company stands at approximately $228.82 million.

The ownership change was reported in a filing dated July 31, 2026, under the Securities Exchange Act, specifically as a Form 4. This filing identified James S. Abernethy, a director of the company, as the reporting owner. On July 30, 2026, Abernethy engaged in a transaction involving one thousand shares, resulting in a post-transaction holding of approximately sixty-six thousand shares.

In addition to Abernethy’s holdings, the filing also disclosed the holdings of indirect owners. These include Abernethy’s son, who holds around thirty-five thousand shares, and a senior executive from a related railroad company, who holds approximately seventy-four thousand shares. These disclosures reflect ordinary ownership changes within the company’s governance structure.

Peoples Bancorp of North Carolina Inc provides a comprehensive range of banking services, including commercial, consumer, and mortgage loans. The company extends its operations through a network of offices located in Catawba, Alexander, and Lincoln counties in North Carolina. For more detailed information about their services and operations, interested parties can visit their website at www.peoplesbanknc.com .

The company’s price-to-earnings ratio stands at 11.88, indicating its valuation relative to its earnings. However, the recent filing did not provide further financial metrics or details regarding the market impact of the ownership changes.