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News 2026-09-30 12:52 UTC

Peoples Bancorp to acquire Capital Bancorp for $728M

Peoples Bancorp Inc. has agreed to acquire Capital Bancorp in an all-stock deal valued at approximately $728.1 million. Under the terms of the agreement, Capital Bancorp shareholders will receive 1.11 shares of Peoples Bancorp for each share they hold. The transaction is expected to close in the first half of 2027, pen

News 2026-09-30 11:40 UTC

Peoples Bancorp to Acquire Capital Bancorp in $728.1M All-Stock Deal

By Kelly CloonanPeoples Bancorp plans to acquire Capital Bancorp in an all-stock deal valued at about $728.1 million.The companies said Wednesday they expect their merger to broaden and diversify their business while adding further pathways for growth and capacity to serve customers.The deal would…