MARIETTA, Ohio – September 30, 2026 (STL.News) Peoples Bancorp Inc. has agreed to acquire Capital Bancorp Inc. in an all-stock transaction initially valued at approximately $728.1 million, a deal that would significantly expand Peoples’ geographic footprint and add nationwide credit card, government-guaranteed lending, and mortgage operations to the regional bank’s existing financial-services platform. Peoples Bancorp, traded on Nasdaq under the symbol PEBO, and Capital Bancorp, traded under CBNK, announced the definitive merger agreement Wednesday after signing it Sept. 29. Under the agreement, Capital shareholders will receive 1.11 shares of Peoples Bancorp common stock for each Capital share they own.
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