Peoples Bancorp To Acquire Capital Bancorp In An All-Stock Deal, With CBNK Holders Receiving 1.11 PEBO Shares Per Each CNBK Share; Transaction Valued At ~$728.1M
Upon completion of the Merger, the combined company is expected to have approximately $14 billion in total assets, $10 billion in total loans and $11 billion in total deposits, with over 150 banking locations across
Peoples Bancorp is buying Capital Bancorp in a stock deal. When it closes, the combined bank will be much bigger and serve more customers across more locations.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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