M&A Deal Summary

Glacier Bank Acquires First National Banks - West

On November 22, 2004, Glacier Bank acquired financial services company First National Banks - West for 41M USD

Acquisition Highlights
  • This is Glacier Bank’s 8th transaction in the Financial Services sector.
  • This is Glacier Bank’s 6th largest (disclosed) transaction.
  • This is Glacier Bank’s 8th transaction in the United States.
  • This is Glacier Bank’s 1st transaction in Wyoming.

M&A Deal Summary
Date 2004-11-22
Target First National Banks - West
Sector Financial Services
Buyer(s) Glacier Bank
Deal Type Add-on Acquisition
Deal Value 41M USD

Target

First National Banks - West

Evanston, Wyoming, United States
website
First National Banks - West Co. ("FNB") is a bank holding company for First National Bank - West, a commercial bank with approximately $240 million in assets with seven locations in western Wyoming, including Evanston (2), Kemmerer, Mountain View, Pinedale, Alpine and Afton.

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Buyer(S) 1

Buyer

Glacier Bank

Kalispell, Montana, United States

website

Category Company
Founded 1955
Sector Financial Services
Employees2,837
Revenue 892M USD (2022)
DESCRIPTION

Glacier Bank is a regional bank holding company providing commercial banking services in 79 communities in Montana, Idaho, Utah, Washington, Wyoming and Colorado. Glacier Bank was founded in 1955 and is based in Kalispell, Montana.

DEAL STATS #
Overall 8 of 29
Sector (Financial Services) 8 of 29
Type (Add-on Acquisition) 8 of 28
State (Wyoming) 1 of 3
Country (United States) 8 of 29
Year (2004) 1 of 2
Size (of disclosed) 6 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-24 Pend Oreille Bank

Washington, United States

Pend Oreille Bank is a commercial bank with approximately $65 million in assets in two banking offices in Sandpoint, Idaho, and one office in Newport, Washington.

Buy $1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-15 Citizens Bank Holding

Idaho, United States

Citizens Bank Holding Co. is a bank holding company for Citizens Community Bank , an Idaho state chartered bank with two full service branches in Pocatello and one full service branch in Idaho Falls.

Buy $17M
Mergr

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