AcquisitionSep 30, 2026Pending
🇺🇸 United States
CBCapital Bancorp, Inc.PBPeoples Bancorp Inc.
Financial Institutions › Banks
Equity value$728MEquity value
AnnouncedSep 30, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Peoples Bancorp Inc. agreed to acquire Capital Bancorp, Inc. in an all-stock transaction valued at approximately $728.1 million, with Capital shareholders receiving 1.11 shares of Peoples common stock for each share of Capital common stock.
Deal rationale
The combination is expected to create a more diversified financial services franchise with greater scale, an expanded Mid-Atlantic presence and complementary nationwide businesses.
AI-generated from the SEC filingPendingFinancial Institutions › BanksUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $728M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
RJRaymond James
Sell-side
SStephens Inc.
Parties
Target
CBCapital Bancorp, Inc.
- Headquarters
- United States
- Ticker
- CBNK
Acquirer
PBPeoples Bancorp Inc.
- Headquarters
- United States
- Ticker
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