Peoples Bancorp Q3 2026 net income rises 17% quarter-on-quarter to $32.61 million
CBNK•Peoples Bancorp reported third-quarter 2026 net income of $32.61 million, up 11% year over year, while net interest income rose to $93.84 million and provisions for credit losses fell 51% to $3.57 million. It also agreed to acquire Capital Bancorp in an all-stock transaction valued at approximately $728.1 million.
1. Quarterly results
Peoples Bancorp’s third-quarter 2026 net income rose 11% from a year earlier to $32.61 million. Net interest income increased to $93.84 million year over year, while provisions for credit losses dropped 51% to $3.57 million.
2. Acquisition agreement
The bank agreed to acquire Capital Bancorp in an all-stock transaction valued at approximately $728.1 million.
