M&A Deal Summary

Glacier Bank Acquires Bank of Idaho

On May 1, 2025, Glacier Bank acquired financial services company Bank of Idaho

Acquisition Highlights
  • This is Glacier Bank’s 30th transaction in the Financial Services sector.
  • This is Glacier Bank’s 30th transaction in the United States.
  • This is Glacier Bank’s 3rd transaction in Idaho.

M&A Deal Summary

Date 2025-05-01
Target Bank of Idaho
Sector Financial Services
Buyer(s) Glacier Bank
Deal Type Add-on Acquisition

Target

Bank of Idaho

Idaho Falls, Idaho, United States
Bank of Idaho is an independent community bank with 15 branches in eastern and western Idaho and eastern Washington. Bank of Idaho was founded in 1985 and is based in Idaho Falls, Idaho.

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Buyer(S) 1

Buyer

Glacier Bank

Kalispell, Montana, United States

Category Company
Founded 1955
Sector Financial Services
Employees3,457
Revenue 810M USD (2024)
DESCRIPTION

Glacier Bank is a regional bank holding company providing commercial banking services. Glacier Bank was founded in 1955 and is based in Kalispell, Montana.


DEAL STATS #
Overall 30 of 31
Sector: Financial Services M&A 30 of 31
Type: Add-on Acquisition M&A Deals 29 of 30
State: Idaho M&A 3 of 3
Country: United States M&A 30 of 31
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Wheatland Bank

Spokane, Washington, United States

Wheatland Bank is an Eastern Washington community bank that provides various banking products and services for individuals and businesses. It offers checking, saving, and individual and business retirement accounts. Wheatland Bank is based in Spokane, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-24 Guaranty Bancshares

Mount Pleasant, Texas, United States

Guaranty Bancshares, Inc. is a holding company of Guaranty Bank & Trust, with over $1.5 billion in assets. Guaranty Bancshares was founded in 1912 and is based in Mount Pleasant, Texas.

Buy -