Peoples Bancorp Inc. (Nasdaq: PEBO) announced on September 28, 2026, that it has received all necessary regulatory approvals to proceed with the merger between Peoples and Citizens National Corporation (OTCPK: CZNL). Under the terms of the transaction, Peoples will be the surviving corporation.
The merger agreement, dated April 20, 2026, was previously approved by Citizens’ shareholders on August 6, 2026. Additionally, Peoples has received approval for the merger between Peoples Bank and Citizens’ wholly owned subsidiary, Citizens Bank of Kentucky, Inc., with Peoples Bank serving as the surviving bank.
Peoples Bancorp is a diversified financial services holding company headquartered in Marietta, Ohio, since 1902. As of June 30, 2026, the company reported total assets of $9.5 billion and operated 144 locations across Ohio, Kentucky, West Virginia, Virginia, Washington D.C., and Maryland.
