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
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
Category Company
Founded 1955
Sector Financial Services
Employees3,438
Revenue 789M USD (2023)
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 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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