Add-on Acquisition • Financial Services

Merchants & Marine Bank Acquires FM Bank

On October 24, 2025, Merchants & Marine Bank acquired financial services company FM Bank

Acquisition Context
  • This is Merchants & Marine Bank’s 2nd transaction in the Financial Services sector.
  • This is Merchants & Marine Bank’s 2nd transaction in the United States.
  • This is Merchants & Marine Bank’s 2nd transaction in Louisiana.

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M&A Deal Summary

Date October 24, 2025
Target FM Bank
Sector Financial Services
Buyer(s) Merchants & Marine Bank
Deal Type Add-on Acquisition
Advisor(s) National Capital (Financial)
Fenimore, Kay, Harrison & Ford (Legal)

Target Company

FM Bank

Breaux Bridge, Louisiana, United States
FM Bank provides a comprehensive financial product line, including retail, commercial, mortgage, treasury management, online banking, and deposit services. It offers commercial banking, small business banking, private banking, mortgage lending, and retail banking in Louisiana. FM Bank is based in Breaux Bridge, Louisiana.
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Buyer Overview 1

Buyer

Merchants & Marine Bank

Pascagoula, Mississippi, United States

Category Company
Sector Financial Services
Revenue 41M USD (2023)
DESCRIPTION

Merchants & Marine Bank is a Mississippi-chartered community bank that serves the Gulf South region. The bank offers mortgage financing through its canvas mortgage division, medical cannabis banking through its CannaFirst Financial division, and access to government-guaranteed credit through Voyager Lending. Merchants & Marine Bank is based in Pascagoula, Mississippi.


Deal Context for Buyer #
Overall 2 of 2
Sector: Financial Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: Louisiana 2 of 2
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-20 Mississippi River Bank

Belle Chasse, Louisiana, United States

Mississippi River Bank is a community bank that serves the parishes of Plaquemines, Orleans, and Jefferson through their commitment to personal, friendly, and efficient banking services. Formed in 1980, Mississippi River Bank is headquartered in Belle Chasse, Louisiana, with an additional branch office in Port Sulphur, Louisiana

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