The acquisition closed as planned, adding $646M in assets and 12 branches in Kentucky. Monitor the next quarterly filing for integration costs, accretion/dilution details, and the conversion timeline to Peoples Bank systems in April 2027.
Price Chart
Executive Summary
Peoples Bancorp Inc. completed its acquisition of Citizens National Corporation on October 30, 2026, as previously announced on April 21, 2026. Citizens shareholders received 2.10 shares of Peoples common stock plus $8.00 in cash per share. Citizens had approximately $646 million in total assets, $344 million in total loans, and $551 million in total deposits as of September 30, 2026.
Key Facts
- Peoples completed its acquisition of Citizens National Corporation on October 30, 2026.
- The acquisition was first announced on April 21, 2026.
- Citizens shareholders received 2.10 shares of Peoples common stock plus $8.00 in cash per share.
- As of September 30, 2026, Citizens had approximately $646 million in total assets, $344 million in total loans, and $551 million in total deposits.
- Peoples had $9.7 billion in total assets as of September 30, 2026.
- Citizens' 12 branches will operate initially as a division of Peoples Bank, with conversion to Peoples Bank branches after April 19, 2027.
Financial Impact
Peoples acquired approximately $646 million in assets, $344 million in loans, and $551 million in deposits. The deal consideration was 2.10 shares of PEBO plus $8.00 cash per Citizens share. No deal value in dollars was disclosed.
Risk Factors
- Integration risks from merging Citizens' operations and systems into Peoples.
- Potential customer attrition or operational disruption during the branch conversion process.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000318300-26-000244 |
| Document: pressreleaseannouncementof.htm | 0000318300-26-000244 |
| Document: 0000318300-26-000244-index-headers.html | 0000318300-26-000244 |
| Document: 0000318300-26-000244-index.html | 0000318300-26-000244 |
| Document: 0000318300-26-000244.txt | 0000318300-26-000244 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | 8-K | $38.57 | awaiting T+60 | awaiting T+60 | $38.57 (−0.00%) |
Oct 30, 2026 2d ago | SC 13G/A | $39.00 | awaiting T+60 | awaiting T+60 | $38.57 (−1.10%) |
Oct 27, 2026 5d ago | Insider Cluster | $38.45 | awaiting T+60 | awaiting T+60 | $38.57 (+0.33%) |
Oct 27, 2026 5d ago | Insider Cluster | $38.45 | awaiting T+60 | awaiting T+60 | $38.57 (+0.33%) |
Oct 26, 2026 6d ago | 8-K | $38.48 | awaiting T+60 | awaiting T+60 | $38.57 (+0.23%) |
Oct 22, 2026 10d ago | 144 | $38.19 | awaiting T+60 | awaiting T+60 | $38.57 (+1.00%) |
Oct 20, 2026 12d ago | 8-K | No price | awaiting T+60 | awaiting T+60 | No price |
Oct 20, 2026 12d ago | Press Release | $37.56 | awaiting T+60 | awaiting T+60 | $38.57 (+2.69%) |
Oct 5, 2026 27d ago | 8-K | $36.73 | awaiting T+60 | awaiting T+60 | $38.57 (+5.01%) |
Sep 30, 2026 4w ago | 8-K | $36.59 | awaiting T+60 | awaiting T+60 | $38.57 (+5.41%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers