M&A Deal Summary

IBERIABANK Acquires Jefferson Bancorp

On October 18, 1996, IBERIABANK acquired financial services company Jefferson Bancorp for 52M USD

Acquisition Highlights
  • This is IBERIABANK’s 2nd transaction in the Financial Services sector.
  • This is IBERIABANK’s 12th largest (disclosed) transaction.
  • This is IBERIABANK’s 2nd transaction in the United States.
  • This is IBERIABANK’s 2nd transaction in Louisiana.

M&A Deal Summary
Date 1996-10-18
Target Jefferson Bancorp
Sector Financial Services
Buyer(s) IBERIABANK
Deal Type Add-on Acquisition
Deal Value 52M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)

Target

Jefferson Bancorp

Gretna,, Louisiana, United States
Jefferson Bancorp, Inc provides business and personal banking products and services. Jefferson Bancorp which has seven offices in Jefferson and Orleans Parishes.

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Buyer(S) 1

Buyer

IBERIABANK

Lafayette, Louisiana, United States
Category Company
Founded 1887
Sector Financial Services
Employees3,384
Revenue 1.2B USD (2018)
DESCRIPTION

IBERIABANK Corp. is a financial holding company with 280 combined offices, including 188 bank branch offices and three loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 23 title insurance offices in Arkansas and Louisiana, mortgage representatives in 57 locations in 10 states. IBERIABANK was founded in 1887 and is based in Lafayette, Louisiana.

DEAL STATS #
Overall 2 of 19
Sector (Financial Services) 2 of 19
Type (Add-on Acquisition) 2 of 13
State (Louisiana) 2 of 8
Country (United States) 2 of 19
Year (1996) 2 of 2
Size (of disclosed) 12 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-05-03 Royal BankGroup of Acadiana

Lafayette, Louisiana, United States

Royal BankGroup of Acadiana is a bank holding company which provides various banking services and products.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-09-11 Bank One Corp - 17 Branches

United States

Bank One Corp - 17 full-service branch offices had aggregate deposits of approximately $478 million.

Buy $31M
Mergr

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