M&A Deal Summary

Opportunity Bank of Montana Acquires First Community Bank

On May 2, 2022, Opportunity Bank of Montana acquired financial services company First Community Bank for 39M USD

Acquisition Highlights
  • This is Opportunity Bank of Montana’s 1st transaction in the Financial Services sector.
  • This is Opportunity Bank of Montana’s largest (disclosed) transaction.
  • This is Opportunity Bank of Montana’s 1st transaction in the United States.
  • This is Opportunity Bank of Montana’s 1st transaction in Virginia.

M&A Deal Summary
Date 2022-05-02
Target First Community Bank
Sector Financial Services
Buyer(s) Opportunity Bank of Montana
Deal Type Add-on Acquisition
Deal Value 39M USD

Target

First Community Bank

Bluefield, Virginia, United States
website
First Community Bancorp is a financial holding company provides banking products and services through its wholly owned subsidiary First Community Bank. First Community Bank also offers wealth management and investment services through its wholly owned subsidiary First Community Wealth Management and the bank's Trust Division. First Community Bank was founded in 1874 and is based in Bluefield, Virginia.

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Buyer(S) 1

Buyer

Opportunity Bank of Montana

Helena, Montana, United States

website

Category Company
Founded 1992
Sector Financial Services
Employees352
Revenue 92M USD (2022)
DESCRIPTION

Eagle Bancorp Montana is a bank holding company Opportunity Bank of Montana, a community bank that serves consumers and small businesses in Montana through 32 banking offices and two mortgage LPOs. Opportunity Bank of Montana was incorporated in 1992 and is based in Halena, Montana.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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