8-K
filed April 24, 2026, 7:59 PM ET
ticker PEBO
CIK 0000318300
M&A
confidence medium
sentiment neutral
materiality 0.70
Peoples Bancorp to acquire Citizens National Corp for 2.10 shares + $8 cash per share
PEOPLES BANCORP INC
- Each Citizens share converts to 2.10 PEBO shares plus $8.00 cash; exchange ratio fixed at 2.10.
- Merger requires Citizens shareholder approval, regulatory nods from Fed and Ohio Division of Financial Institutions.
- Termination fee of $3 million payable by Citizens if it accepts a superior proposal or fails to recommend.
- Closing targeted by March 31, 2027; merger agreement includes customary representations and conditions.
- Directors of Citizens entered voting agreements to support the merger; unanimous board approval on both sides.
Machine-readable event card
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- secwatch.filing_event.v1
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- 0000318300-26-000145
- form_type
- 8-K
- ticker
- PEBO
- cik
- 0000318300
- company_name
- PEOPLES BANCORP INC
- filed_at
- 2026-04-24T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:33.556895+00:00
- generated_at
- 2026-05-15T04:18:56.841985+00:00
- sec_items
- ["1.01"]
- event_type
- m_and_a
- sentiment
- neutral
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- medium
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- https://secwatch.observer/filing/0000318300-26-000145
- json_url
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- markdown_url
- https://secwatch.observer/filing/0000318300-26-000145.md
- text_url
- https://secwatch.observer/filing/0000318300-26-000145.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/318300/000031830026000145/0000318300-26-000145-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/318300/000031830026000145/pebo-20260424.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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On April 20, 2026, Peoples Bancorp Inc., an Ohio corporation (“Peoples”), and Citizens National Corporation, a Kentucky corporation (“Citizens”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Peoples will acquire Citizens in a cash and stock transaction.
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On April 20, 2026, Peoples Bancorp Inc., an Ohio corporation (“Peoples”), and Citizens National Corporation, a Kentucky corporation (“Citizens”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Peoples will acquire Citizens in a cash and stock transaction.
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On April 20, 2026, Peoples Bancorp Inc., an Ohio corporation (“Peoples”), and Citizens National Corporation, a Kentucky corporation (“Citizens”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Peoples will acquire Citizens in a cash and stock transaction.
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On April 20, 2026, Peoples Bancorp Inc., an Ohio corporation (“Peoples”), and Citizens National Corporation, a Kentucky corporation (“Citizens”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Peoples will acquire Citizens in a cash and stock transaction.
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