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Deals

Peoples Bancorp to Buy Capital Bancorp for $728.1 Million, Creating a $14 Billion Lender

The all-stock deal would extend the Ohio bank into the Washington and Baltimore markets and give Capital shareholders about 32% of the combined company.

AF

By Anna Ferreira

Oct 1, 2026 · 5 min read

Peoples Bancorp agreed to acquire Capital Bancorp in an all-stock transaction valued at $728.1 million, the companies said in a release issued at 7 a.m. Eastern on Wednesday.

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AF

Anna Ferreira

Senior Correspondent, Corporate Strategy

Anna Ferreira writes for Corporate Insider Inc.

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