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Peoples Bancorp to buy Citizens National in $76.6 million cash-and-stock deal

PUBT·04/21/2026 10:12:09
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Peoples Bancorp to buy Citizens National in $76.6 million cash-and-stock deal
  • Peoples Bancorp agreed to acquire Citizens National Corporation in a cash-and-stock deal valued at about USD 76.6 million.
  • Citizens shareholders will receive 2.10 shares of Peoples common stock plus USD 8 in cash for each Citizens share.
  • Implied value was USD 78.39 per Citizens share, based on Peoples 20-day volume-weighted average price of USD 33.52 as of April 20, 2026.
  • Citizens reported USD 686 million in assets, USD 342 million in gross loans, and USD 586 million in deposits as of March 31, 2026.
  • Closing is expected in second half of 2026, subject to regulatory clearances and Citizens shareholder vote.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peoples Bancorp Inc. published the original content used to generate this news brief on April 21, 2026, and is solely responsible for the information contained therein.