National Capital Bank of Washington parent agrees to merge with Old Dominion National Bank holding company in USD 83-a-share deal

NATIONAL CAPITAL BANK WASHINGTON DC

NATIONAL CAPITAL BANK WASHINGTON DC

NACB

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  • ODNB Financial will acquire National Capital Bancorp, parent of National Capital Bank of Washington, in a deal set to close in Q4 2026.
  • Combined group targets about $2.4 billion in assets with 10 branches across Washington, D.C., Virginia, Maryland, Pennsylvania, Florida.
  • NACB holders can elect 5.2390 ODNB shares per NACB share, USD 83 per share cash, or 90% stock and 10% cash.
  • Cash consideration capped at 10% of total, with a USD 1 million per-shareholder limit subject to proration.
  • ODNB shareholders expected to own 65%-68% post-close; NACB holders 32%-35%; shares expected to list on Nasdaq or NYSE as “NACB”.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Capital Bank of Washington published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606150824ACCESSWRNAPR_____1177109) on June 15, 2026, and is solely responsible for the information contained therein.