SE‑Cluster

Search

Search markets, companies, evidence, and pages

TickerPEBO
SectorBanks - Regional
Mkt cap$1.2B
EV / EBITDA14.6×
PostureHigh Velocity
Composite78/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 318300

Peoples Bancorp Inc.

PEBOHIGH VELOCITYFILING INTENSITY

Peoples Bancorp Inc. reads as an High Velocity (composite 78/100); Consistent Strategic Buyer deploying $94M across 0 disclosed transactions, down 67% vs the prior cycle · primary market Regional Banking.

Lens

Disclosed M&A capital (2023–2025)

$94M

−67%

vs $282M in 2020–2022

Disclosed transactions

N/A

−99%

2/3 active fiscal years in window

Buyer archetype

Consistent Strategic Buyer

Meaningful spend appears across repeat years.

Composite score

78

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$599M
EBITDA$124M
Enterprise value$1.8B
EV / Revenue3.0×
EV / EBITDA14.6×
P/EN/A
Cash$190M
Total debt$506M
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

41/100

Companies actively deploying disclosed capital into M&A

  • $583M disclosed buyer spend
  • Filed within 22d

Buyer Cadence

50/100

Buyer-side companies with recent filing activity

  • Filed within 22d
  • 585 8-Ks

Target Probability

8/100

Issuers showing target-side patterns from filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 2 divestiture 8-Ks
  • Latest event 18y ago; heavily discounted

Pressure Watch

17/100

Issuers facing activism, governance, or control pressure

Distress Watch

0/100

Issuers showing financial-distress filing patterns

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
78/100

Issuers with the highest filing-activity intensity

  • 585 8-Ks
  • Filed within 22d
  • 4 form types

Quiet Power

36/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $1.8B
  • 10-Q 26d ago
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $133M · Peak count: 3

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
2024N/A$2MN/AN/A
2023N/A$93MN/AN/A
20222$54M$27MN/A
20213$133M$44MN/A
20202$95M$47MN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Geographic Expansion
    25%
  • Bolt On
    25%
  • Horizontal Consolidation
    25%
  • Platform
    25%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • bolt_on
  • horizontal_consolidation
  • platform
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

During 2013, Peoples completed multiple acquisitions which required integration of the acquired business into Peoples' business platform.

10-KFY2013

During 2012, Peoples completed multiple acquisitions which required integration of the acquired business into Peoples' business platform.

10-KFY2012

Peoples Insurance Agency, LLC acquired substantially all of the assets and rights of an insurance agency

10-KFY2021

Peoples' completed its merger with Premier Financial Bancorp, Inc. ... in an all-stock merger

10-KFY2021

Peoples Insurance acquired substantially all of the assets and rights of an insurance agency

10-KFY2022
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Regional Banking

Market spend (2023–2025)
$245.7B
Market spend (2020–2022)
$72.8B
Recent vs prior
+238%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

14.6×EV / EBITDA

PEBO trades at a +2.3-turn premium to the Regional Banking peer median of 12.3×.

EV / Revenue
3.0×
Net debt / EBITDA
2.5×
Peer median EV / EBITDA
12.3×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
16.7×3.7×-0.9×$13.7B$12.7B
Peoples Bancorp Inc.PEBO
14.6×3.0×2.5×$599M$94M
13.9×3.0×-0.7×$58.4B$126.1B
10.7×3.2×-2.1×$3.4B$7B
9.3×2.2×-0.3×$14.5B$72.6B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Regional Banking. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)362026-02-26
  • 10-Q (quarterly)1002026-04-30
  • 8-K (event)5852026-05-04
  • Proxy / DEF 14A432026-03-06
  • Activism (13D / DFAN / PREC)0N/A

Signals on file

  • watch

    Divestiture / strategic-alternatives 8-K

    2008-10-21

    2 8-K filings matching divestiture / strategic-alternatives language.

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Spin/Carve candidate

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Peoples Bancorp Inc.: Issuer Brief | SE-Cluster