Acquiring Company
PEOPLES BANCORP
Acquired Company
Capital Bancorp
Description
Peoples Bancorp has agreed to acquire Capital Bancorp Inc. in an all-stock transaction valued at approximately $728 million. This merger aims to expand Peoples' national reach and enhance its diversified earnings base. The companies expect the merger to close in the first half of 2027, subject to approvals. This acquisition is anticipated to add substantial scale and operational capabilities to Peoples Bancorp.
Fundz sees it the moment PEOPLES BANCORP makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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 October 4, 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 October 4, 2026. Peoples Bancorp has agreed to acquire Capital Bancorp Inc. in an all-stock transaction valued at approximately $728 million. This merger aims to expand Peoples' national reach and enhance its diversified earnings base. 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 a financial services company providing commercial banking solutions with a focus on the Washington, D.C. and Baltimore markets. It is publicly traded (CBNK), operating in Financial Services, and is based in Rockville.
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