M&A Deal Summary

IBERIABANK Acquires Pocahontas Bancorp

On February 1, 2007, IBERIABANK acquired financial services company Pocahontas Bancorp for 78M USD

Acquisition Highlights
  • This is IBERIABANK’s 8th transaction in the Financial Services sector.
  • This is IBERIABANK’s 9th largest (disclosed) transaction.
  • This is IBERIABANK’s 8th transaction in the United States.
  • This is IBERIABANK’s 2nd transaction in Arkansas.

M&A Deal Summary
Date 2007-02-01
Target Pocahontas Bancorp
Sector Financial Services
Buyer(s) IBERIABANK
Deal Type Add-on Acquisition
Deal Value 78M USD
Advisor(s) DD&F Consulting Group, Inc.
RP Financial (Financial)
Luse Gorman (Legal)

Target

Pocahontas Bancorp

Jonesboro, Arkansas, United States
Pocahontas Bancorp With about 20 full-service and in-store branch offices, the bank offers standard products and services for commercial and personal business.

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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 8 of 19
Sector (Financial Services) 8 of 19
Type (Add-on Acquisition) 7 of 13
State (Arkansas) 2 of 2
Country (United States) 8 of 19
Year (2007) 2 of 2
Size (of disclosed) 9 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-31 Pulaski Investment

Little Rock, Arkansas, United States

Pulaski Investment Corporation Inc. is a bank holding company, which offers commercial and personal banking services.

Buy $130M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-22 Omni Bancshares

Metairie, Louisiana, United States

OMNI is a bank holding company with 14 bank branch offices in the New Orleans and Baton Rouge markets. OMNI has branches in Jefferson, Saint John the Baptist, Orleans, East Baton Rouge and Saint Tammany parishes. As of December 31, 2010, OMNI had total assets, deposits and equity of approximately $735 million, $646 million and $31 million, respectively.

Buy $64M
Mergr

Product

Company

Legal