Peoples Bancorp to Acquire Citizens National Corporation in $76.6M Cash-and-Stock Merger
April 21, 2026
Peoples Bancorp Inc. entered a definitive agreement to acquire Citizens National Corporation in a cash-and-stock transaction valued at approximately $76.6 million. Citizens will merge into Peoples, followed by Citizens Bank of Kentucky merging into Peoples Bank, expanding Peoples’ Kentucky footprint.
- Buyers
- Peoples Bancorp Inc.
- Targets
- Citizens National Corporation, Citizens Bank of Kentucky, Inc.
- Industry
- Financial Services
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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