---
schema_version: "secwatch.filing_event.v1"
accession: "0001419536-26-000145"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2026-09-30T11:03:34+00:00"
generated_at: "2026-10-12T13:56:53.060459+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.97
calibrated_materiality_score: 0.97
confidence: "high"
source: SEC EDGAR
---

# Peoples Bancorp to acquire Capital Bancorp in all-stock merger valued at about $728.1 million

## Summary
- Capital shareholders will receive 1.11 shares of Peoples common stock per share, implying $43.75 per share based on Peoples' 20-day VWAP of $39.41 as of Sept. 29, 2026.
- The all-stock transaction is valued at approximately $728.1 million; Capital shareholders are expected to own about 32% of the combined company.
- The combined company is expected to have about $14 billion in assets, $10 billion in loans and $11 billion in deposits across over 150 locations in eight states and Washington, D.C.
- Capital must pay Peoples a $30.66 million termination fee under specified circumstances; deal expected to close in first half of 2027 subject to regulatory and shareholder approvals.
- Capital directors and executive officers signed support agreements to vote their shares in favor; three Capital directors are expected to join Peoples' board.

## SEC filing metadata
- accession: 0001419536-26-000145
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2026-09-30T11:03:34+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.97
- calibrated_materiality_score: 0.97
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000141953626000145/0001419536-26-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000141953626000145/cbnk-20260929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001419536-26-000145
- JSON: https://secwatch.observer/filing/0001419536-26-000145.json
- Plain text: https://secwatch.observer/filing/0001419536-26-000145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.