Capital Bancorp Inc (CBNK) Form 8-K — Sep 30, 2026
$CBNKForm 8-KItems 1.01, 8.01, 9.01Filed Sep 30, 2026, 7:03 AM ET0001419536-26-000145Original filing
Capital Bancorp (CBNK) signed a merger agreement on September 29, 2026 under which it will merge into Peoples Bancorp, with each CBNK share converted into 1.11 Peoples shares in a tax-free reorganization. Capital Bank, N.A. will subsequently merge into Peoples Bank. The deal was unanimously approved by both boards, and Capital's directors and executive officers signed support agreements to vote their shares in favor.
Key figures
- Exchange ratio
- 1.11
- Termination fee
- $30.66 million
- Dividend cap per share
- $0.14 quarterly
- Capital shares outstanding
- 16295949
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