Altabank - Ownership and Business Overview

Financial ServicesCompany

Altabank Ownership

Who owns Altabank?

Altabank is owned by Glacier Bancorp. It was acquired on May 18, 2021.

Altabank Business Overview

Where is Altabank headquartered?

Altabank is headquartered in American Fork, Utah.

What is Altabank’s revenue?

Altabank disclosed revenue of 126M USD for 2020 and 125M USD for 2019.

What sector is Altabank in?

Altabank is a financial services company.

When was Altabank founded?

Altabank was founded in 1905.

Financial Services M&A Summary in 2021

Out of 60 sectors in the Mergr database, financial services ranked 11 in number of deals in 2021. The largest financial services acquisition in 2021 was Afterpay Limited - which was acquired by Block for $27.8B.

Join Mergr to view all 234 acquisitions of financial services companies in 2021, including 24 acquisitions by private equity firms, and 210 by strategics.

Altabank

Altabancorp.

1 East Main Street,
American Fork, Utah 84003
United States,
(801) 642-3998
www.altabancorp.com

Altabancorp is the bank holding company for Altabank, a full-service bank, providing loans, deposit and cash management services to businesses and individuals through 25 branch locations from Preston, Idaho to St. George, Utah. AltabankTM is a community bank in Utah with total assets of $3.5 billion. Its clients have direct access to bankers and decision-makers, who work with clients to understand their specific needs and offer customized financial solutions. AltabankTM has been serving communities in Utah and southern Idaho for more than 100 years.


Company Summary

SECTOR

Financial Services

Revenue

126   1% 2020
125   2% 2019
123   30% 2018
95   2017
(millions of USD) Show More Show Less

Established

1905

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