Peoples Bancorp of North Carolina Inc

PEBK exhibits a clear Stage 2 advancing regime with higher highs and higher lows, supported by rising EMAs and expanding volume. The long-term and medium-term trends are bullish, but the recent pullback into the 9/21 EMA zone and rejection at short-term EMAs signal potential distribution risk. Price is now retesting 50-day EMA support near prior swing lows, offering a tactical entry opportunity. We will stalk for confirmation of acceptance at this zone before committing.

• ↑Q2 2026 revenue of $22.8M (+1.4% YoY) and EPS $0.98 (+1.03%) show earnings resilience
• ↑Dividend yield of 1.92% with a 23.08% payout ratio supports sustainable shareholder returns
• ↓Credit loss provisions rose to $16.6M, signaling declining credit quality and higher charge-offs