Diesel
Long/short equity, event-driven, portfolio strategy, industrials

Peoples Bancorp: Transformation Continues With The Acquisition Of NB&T Financial Group

Note: All the facts and figures in this article were taken from investor relations websites of Peoples Bancorp and NB&T Financial Group.

On Wednesday, Peoples Bancorp (NASDAQ:PEBO) finished the acquisition of NB&T Financial Group (NASDAQ:NBTF) in a deal combining stocks and cash worthy of $109 million. This acquisition is likely to put Peoples Bancorp in the radar, and the company is likely to benefit immensely from this move. This article will offer an overview of the acquisition, and it will attempt to explain how it will take Peoples Bancorp to the next level.

Overview of the two companies

Valued at $256 million, Peoples Bancorp owns and operates Peoples Bank and Peoples Investment Company. The company was...

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