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Peoples Bancorp Inc. Announces Merger with Capital Bancorp, Inc.

PUBLIC · PEBOSep 30, 2026

Acquiring Company

PEOPLES BANCORP

Acquired Company

Capital Bancorp

MariettaFinancial ServicesFinancial ServicesFinanceLendingBanking

Description

On September 29, 2026, Peoples Bancorp Inc. entered into a Merger Agreement with Capital Bancorp, Inc. The agreement stipulates that Capital will merge into Peoples, with Peoples as the surviving entity. Following this merger, Capital Bank will merge into Peoples Bank. The merger has received unanimous approval from both companies' boards of directors.

Company Information

Company

PEOPLES BANCORP

Location

Marietta, Ohio, United States

About

Peoples Bancorp Inc. ("Peoples", Nasdaq: PEBO) is a diversified financial services holding company that makes available a complete line of banking, trust and investment, insurance, premium financing and equipment leasing solutions through its subsidiaries. Peoples has been headquartered in Marietta, Ohio since 1902. Peoples had $7.3 billion in total assets and 130 locations as of March 31, 2023, including 113 full-service Peoples Bank branches in Ohio, West Virginia, Kentucky, Virginia, Washington D.C. and Maryland. On May 1, 2023, Peoples announced that it had completed its acquisition of Limestone Bancorp, Inc. ("Limestone") (Nasdaq: LMST), effective as of April 30, 2023. As of March 31, 2023, Limestone had $1.5 billion in total assets and 20 locations in Kentucky. Peoples' vision is to be the Best Community Bank in America. Learn more about Peoples at www.peoplesbancorp.com. Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies. Peoples offers services through Peoples Bank (which includes the divisions of Limestone Bank, Peoples Investment Services, Peoples Premium Finance and North Star Leasing), Peoples Insurance Agency, LLC and Vantage Financial LLC.

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Frequently asked

Who acquired Capital Bancorp?

Capital Bancorp was acquired by PEOPLES BANCORP, based in Marietta. The deal was reported on September 30, 2026. Peoples Bancorp Inc. PEOPLES BANCORP is publicly traded (PEBO) and operates in Financial Services.

When did PEOPLES BANCORP acquire Capital Bancorp?

PEOPLES BANCORP's acquisition of Capital Bancorp was reported on September 30, 2026. On September 29, 2026, Peoples Bancorp Inc. entered into a Merger Agreement with Capital Bancorp, Inc. The agreement stipulates that Capital will merge into Peoples, with Peoples as the surviving entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Capital Bancorp do?

Capital Bancorp, Inc. is the parent company of Capital Bank, N.A., providing banking services in its region. The company emphasizes community banking and is dedicated to serving personal and business clients. It is privately held, operating in Financial Services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.