Old National and CapStar Financial Holdings entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction.
Burke & Herbert Financial Services and Summit Financial Group entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals valued at approximately $371.5 million.
Atlantic Union Bankshares and American National Bankshares entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock transaction valued at $416.8 million.
CrossFirst Bankshares and Canyon Bancorporation entered into a definitive merger agreement as a stock and cash transaction. Canyon Bank had total loans of $122 million and total deposits of $169 million as of March 31, 2023 and currently operates one banking location in Tucson, AZ.
Keefe, Bruyette & Woods named Alistair McKay as head of European investment banking. In addition, Alex Smith and Gonzalo Smolders have joined the firm as managing directors.
Washington Federal and Luther Burbank signed a definitive merger agreement pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million.
Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion.
Citizens Financial Group completed its acquisition of DH Capital, a private investment banking firm serving companies in the internet infrastructure, software and next generation IT services and communications sectors.
SLR Investment Corp. closed its previously announced merger with SLR Senior Investment Corp., with SLR Investment Corp. as the surviving company.
TriCo Bancshares completed its previously-announced merger with Valley Republic Bancorp. The combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, expects to have total assets of approximately $10.1 billion as a result of the merger.