M&A Deal Summary

Peoples Bank Acquires Sistersville Bancorp

On September 14, 2012, Peoples Bank acquired financial services company Sistersville Bancorp

Acquisition Highlights
  • This is Peoples Bank’s 1st transaction in the Financial Services sector.
  • This is Peoples Bank’s 1st transaction in the United States.
  • This is Peoples Bank’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2012-09-14
Target Sistersville Bancorp
Sector Financial Services
Buyer(s) Peoples Bank
Deal Type Add-on Acquisition

Target

Sistersville Bancorp

Sistersville, West Virginia, United States
Sistersville Bancorp, Inc. is a provider of savings and financing services, primarily to individuals.

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Buyer(S) 1

Buyer

Peoples Bank

Marietta, Ohio, United States
Category Company
Founded 1902
Sector Financial Services
Employees1,498
Revenue 422M USD (2023)
DESCRIPTION

Peoples Bank is a diversified financial services holding company with $3.2 billion in total assets, 82 sales offices and 80 ATMs in Ohio, West Virginia and Kentucky. Peoples Bank was founded in 1902 and is based in Marietta, Ohio.

DEAL STATS #
Overall 1 of 6
Sector (Financial Services) 1 of 5
Type (Add-on Acquisition) 1 of 4
State (West Virginia) 1 of 2
Country (United States) 1 of 6
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 First Commonwealth Bank of Prestonsburg

Prestonsburg, Kentucky, United States

First Prestonsburg Bancshares, Inc. is a provider of financial services. It own and operates eight full service branches in and around the Prestonsburg and Pikeville markets in eastern Kentucky, and is scheduled to open a ninth full service branch in Georgetown, Kentucky.

Buy $45M
Mergr

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