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Market Impact: 0.48
Capital Bancorp Shares Rise 12% On $728.1 Mln Peoples Bancorp Merger Deal
Source: Nasdaq
M&A & RestructuringBanking & Liquidity
Capital Bancorp agreed to be acquired by Peoples Bancorp in an all-stock transaction valued at $728.1 million. Capital Bancorp shares rose about 12% Wednesday morning, signaling a favorable market response to the banking-sector deal.
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Overall Sentiment
moderately positive
Sentiment Score
0.68
Ticker Sentiment
CBNK0.80
PEBO0.35
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