Peoples Bancorp forecasts 2027 net interest margin of 4.3%-4.5%, excluding Capital merger

• Peoples Bancorp forecasts 2027 net interest margin of 4.3%-4.5%, excluding non-core expenses and the planned Capital merger, versus 4.2%-4.3% for 2026.
• The margin outlook assumes three 25-basis-point Federal Reserve rate increases: late 2026, March 2027 and September 2027.
• Loan growth is projected at 3%-5% in 2027, excluding Capital, versus 6%-8% in 2026, including acquired Citizens loans.
• Capital is expected to close around late first-quarter or early second-quarter 2027, lifting quarterly net interest margin toward 5%.
• Citizens, expected to close in October 2026, should add nearly $350 million in loans and approximately $550 million in deposits.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000318300-26-000235), on October 26, 2026, and is solely responsible for the information contained therein.