Massive $917m merger: First Busey and CrossFirst Bankshares team up to dominate 10-state market

Massive $917m merger: First Busey and CrossFirst Bankshares team up to dominate 10-state market

In a significant move set to reshape the commercial banking landscape, First Busey Corporation (“Busey”) (Nasdaq: BUSE) and CrossFirst Bankshares, Inc. (“CrossFirst”) (Nasdaq: CFB) have announced a definitive agreement for a merger. The merger, valued at approximately $916.8 million based on Busey’s closing stock price of $27.39 as of August 26, 2024, will see CrossFirst […]

CrossFirst Bankshares to acquire Arizona-based Canyon Bancorporation

CrossFirst Bankshares to acquire Arizona-based Canyon Bancorporation

CrossFirst Bankshares, a Kansas-based bank holding company, has agreed to acquire Canyon Bancorporation, a bank holding company in Arizona, in a stock and cash deal worth $15.1 million. Canyon Bancorporation is the parent company of Canyon Community Bank, while the Nasdaq-listed CrossFirst Bankshares is the parent company of CrossFirst Bank (CFB Bank). Shareholders of Canyon […]