# PEOPLES BANCORP INC (PEBO) — merger/definitive [announced]
Source: SEC API (secapi.ai) · situation sit_c9b05b9ea9df8aed81b8 · retrieved 2026-08-11T16:12:00.989Z

## Overview
Peoples Bancorp Inc. is a diversified financial services holding company offering banking, trust and investment, insurance, and specialty financing solutions through subsidiaries; as of June 30, 2026, it had $9.5 billion in total assets and 144 locations including 127 full-service bank branches across Ohio, West Virginia, Kentucky, Virginia, Washington D.C., and Maryland.

Peoples Bancorp Inc. announced on April 21, 2026, a definitive merger agreement to acquire Citizens National Corporation, a bank holding company headquartered in Paintsville, Kentucky, and parent of Citizens Bank of Kentucky, Inc., in a cash and stock transaction valued at approximately $76.6 million. Under the merger agreement, Citizens will merge into Peoples, with Citizens Bank subsequently merging into Peoples' subsidiary Peoples Bank. As of June 30, 2026, Peoples had recognized $0.4 million in acquisition-related expenses. The parties are targeting a close date in early fourth quarter 2026, with a separate core processor conversion date scheduled for early second quarter 2027.

## Terms
- Counterparty: Citizens National Corporation · Deal value: $76.6M · Consideration: mixed

## Key dates
- Announced 2026-07-21 · Expected close 2026-10-01

## Timeline
- 2026-07-21 · 8-K (0000318300-26-000183): 8-K - PEOPLES BANCORP INC — *Peoples Bancorp Inc. is a diversified financial services holding company offering banking, trust and investment, insurance, and specialty financing solutions through subsidiaries; as of June 30, 2026, it had $9.5 billion in total assets and 144 locations including 127 full-service bank branches across Ohio, West Virginia, Kentucky, Virginia, Washington D.C., and Maryland.* Peoples Bancorp Inc. announced on April 21, 2026, a definitive merger agreement to acquire Citizens National Corporation, a bank holding company headquartered in Paintsville, Kentucky, and parent of Citizens Bank of Kentucky, Inc., in a cash and stock transaction valued at approximately $76.6 million. Under the merger agreement, Citizens will merge into Peoples, with Citizens Bank subsequently merging into Peoples' subsidiary Peoples Bank. As of June 30, 2026, Peoples had recognized $0.4 million in acquisition-related expenses. The parties are targeting a close date in early fourth quarter 2026, with a separate core processor conversion date scheduled for early second quarter 2027.
  https://www.sec.gov/Archives/edgar/data/318300/0000318300-26-000183.txt

## Citations
- 0000318300-26-000183 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000031830026000183