{"schema_version":"secwatch.filing_event.v1","accession":"0000318300-26-000205","form_type":"8-K","ticker":"PEBO","cik":"0000318300","company_name":"PEOPLES BANCORP INC","filed_at":"2026-09-30T11:04:54+00:00","discovered_at":"2026-09-30T11:10:00.129479+00:00","generated_at":"2026-10-12T13:57:01.486353+00:00","sec_items":["1.01","7.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Peoples (PEBO) to buy Capital (CBNK) in $728.1M all-stock deal, creating ~$14B-asset bank","bullets":["Peoples Bancorp (PEBO) agreed to acquire Capital Bancorp (CBNK) in an all-stock deal valued at about $728.1M, or $43.75 per Capital share.","Exchange ratio is 1.11 Peoples shares per Capital share; based on PEBO 20-day VWAP of $39.41 as of Sept 29, 2026.","Combined company expected to have ~$14B assets, $10B loans, $11B deposits, 150+ branches in eight states and Washington, D.C.; Capital had $3.9B assets and $3.4B deposits as of June 30, 2026.","Deal expected to be immediately accretive to 2027 EPS before one-time costs, with tangible book value earnback under three years and pro forma return on average tangible common equity of ~20%.","Capital would owe Peoples a $30.66M termination fee under specified circumstances; three Capital directors are expected to join Peoples' board after closing."],"urls":{"canonical":"https://secwatch.observer/filing/0000318300-26-000205","json":"https://secwatch.observer/filing/0000318300-26-000205.json","markdown":"https://secwatch.observer/filing/0000318300-26-000205.md","text":"https://secwatch.observer/filing/0000318300-26-000205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/318300/000031830026000205/0000318300-26-000205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/318300/000031830026000205/pebo-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:57:01.486353+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}