SouthState Corporation (NYSE: SSB) has entered into a definitive agreement to acquire Independent Bank Group, Inc. (NASDAQ: IBTX), based in McKinney, Texas, in an all-stock transaction valued at approximately $2 billion. This strategic move will significantly expand SouthState’s market presence, combining with Independent Bank Group’s substantial operations in key Texan markets and the Colorado Front […]
Business First Bancshares, Inc. (NASDAQ: BFST), the holding company for b1BANK, has entered into a definitive agreement to acquire Oakwood Bancshares, Inc., and its wholly-owned subsidiary, Oakwood Bank, in an all-stock transaction valued at approximately $85.7 million. This transaction, based on Business First’s closing share price of $21.57 on April 22, 2024, marks a significant […]
Third Coast Bancshares, Inc. (NASDAQ: TCBX), the parent company of Third Coast Bank, has announced the successful conversion of its charter from a Texas state savings bank to a Texas banking association, effective March 13, 2024. This move aims to expand the Bank’s commercial loan portfolio while maintaining its comprehensive range of business and personal […]