M&A Deal Summary

Home Bancorp Acquires Texan Bank

On March 25, 2022, Home Bancorp acquired financial services company Texan Bank

Acquisition Highlights
  • This is Home Bancorp’s 2nd transaction in the Financial Services sector.
  • This is Home Bancorp’s 2nd transaction in the United States.
  • This is Home Bancorp’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-03-25
Target Texan Bank
Sector Financial Services
Buyer(s) Home Bancorp
Deal Type Merger

Target

Texan Bank

Houston, Texas, United States
Texan Bank is a provider of banking products and services and operates 38 locations throughout South Louisiana and in Natchez, Mississippi. Texan Bank was founded in 1908 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Home Bancorp

Lafayette, Louisiana, United States

Category Company
Founded 1908
Sector Financial Services
Employees467
Revenue 135M USD (2024)
DESCRIPTION

Home Bancorp is a banking service provider that offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts. Home Bancorp was founded in 1908 and is based in Lafayette, Louisiana.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-23 St. Martin Bancshares

St Martinville, Louisiana, United States

St. Martin Bancshares, Inc. is a provider of commercial and consumer banking services to customers in Acadia, Jefferson Davis, Lafayette and St. Martin, Parishes of Louisiana.

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