Peoples Bancorp Inc. Announces Regulatory Approval for Citizens Merger

What Happened
Peoples Bancorp Inc. (PEBO), parent of Peoples Bank, announced it has received all required regulatory approvals for the merger with Citizens National Corporation (the “Merger”) and for the related merger of Peoples Bank with Citizens’ subsidiary, Citizens Bank of Kentucky, Inc., with Peoples and Peoples Bank to be the surviving entities. The Agreement and Plan of Merger is dated April 20, 2026; Citizens’ shareholders approved the merger on August 6, 2026. The company filed the 8-K and attached a press release as Exhibit 99 on September 28, 2026.

Key Details

• Agreement and Plan of Merger between Peoples and Citizens dated April 20, 2026.
• Citizens’ shareholders approved the merger on August 6, 2026.
• Regulators have granted all necessary approvals for both the corporate merger (Peoples/Citizens) and the bank-level merger (Peoples Bank/Citizens Bank of Kentucky).
• Press release announcing approvals is included as Exhibit 99 to the 8-K filed September 28, 2026.

Why It Matters
Regulatory approval is a key condition for closing the transactions; receiving approvals materially reduces regulatory risk and clears a major hurdle toward completing the merger and integrating the banks. For investors, that means the combined company and bank can proceed toward closing under the previously announced merger agreement. The 8-K does not provide financial terms or an exact closing date—consult the attached press release and prior merger filings for additional details.