Southern Bank - M&A Summary and Business Overview

Financial ServicesCompany

Southern Bank M&A Summary

Southern Bank has acquired 6 companies, including 3 in the last 5 years.

Southern Bank’s largest acquisition to date was in 2022, when it acquired Citizens Bancshares for $140M. Southern Bank has acquired in 4 different US states. The Company’s most targeted sectors include financial services (100%).

Southern Bank Business Overview

Where is Southern Bank headquartered?

Southern Bank is headquartered in Poplar Bluff, Missouri.

What is Southern Bank’s revenue?

Southern Bank disclosed revenue of 153M USD for 2023 and 125M USD for 2022.

How many employees does Southern Bank have?

Southern Bank has 665 employees.

What sector is Southern Bank in?

Southern Bank is a financial services company.

When was Southern Bank founded?

Southern Bank was founded in 1887.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

Southern Bank

Southern Missouri Bancorp, Inc.

2991 Oak Grove Road,
Poplar Bluff, Missouri 63901
United States,
(573) 778-1800
www.bankwithsouthern.com

Southern Bank is a provider of financial services. Southern Bank was founded in 1887 and is based in Poplar Bluff, Missouri.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 3 1 1 1 - - 6
vol $24M $140M $164M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Citizens Bancshares Co. 2022-09-20 140M USD Add-on Acquisition
Kansas City, Missouri
Fortune Financial Corp. 2021-09-28 - Merger
Arnold, Missouri · www.myfortuneteam.com
Central Federal Bancshares, Inc. 2020-01-17 24M USD Merger
Rolla, Missouri · www.centralfederal.com
Tammcorp, Inc. 2017-01-11 - Merger
Tamms, Illinois
Peoples Service Co. 2014-08-05 - Add-on Acquisition
, United States
Ozarks Legacy Community Financial, Inc. 2013-10-04 - Add-on Acquisition
Thayer, Montana
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 6 (100%) 164M (100%) - -
Total 6 $164M - -

By Geo

State/Country Buy Value Sell Value
United States 6 164M - -
  Missouri 3 164M - -
  Montana 1 - - -
  Illinois 1 - - -
Total 6 $164M - -

Top M&A Advisors

Financial Deals
Piper Sandler & Co.
1
Legal Deals
Silver Freedman Taff & Tiernan
3

Deal Values

buy # Total
$100M to $1B 1 $140M
< $100M 1 $24M
TOTAL $164M
Largest Citizens Bancshares Co.
$140M (2022-09-20)

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