M&A Deal Summary

National Bank of Arizona Acquires Stockmen s Bancorp

On January 17, 2007, National Bank of Arizona acquired financial services company Stockmen s Bancorp for 199M USD

Acquisition Highlights
  • This is National Bank of Arizona’s 4th transaction in the Financial Services sector.
  • This is National Bank of Arizona’s largest (disclosed) transaction.
  • This is National Bank of Arizona’s 4th transaction in the United States.
  • This is National Bank of Arizona’s 3rd transaction in Arizona.

M&A Deal Summary

Date 2007-01-17
Target Stockmen s Bancorp
Sector Financial Services
Buyer(s) National Bank of Arizona
Deal Type Add-on Acquisition
Deal Value 199M USD
Advisor(s) Hovde Group LLC (Financial)
Stinson (Legal)

Target

Stockmen s Bancorp

Kingman, Arizona, United States
Stockmen's Bancorp, Inc. provides banking services.Stockmen’s Bank has approximately $1.2 billion of total assets and 43 offices.

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Buyer(S) 1

Buyer

National Bank of Arizona

Phoenix, Arizona, United States

Category Company
Founded 1984
Sector Financial Services
DESCRIPTION

National Bank of Arizona was founded on a mission of building local relationships and providing exceptional customer service. More than 25 years later our approach hasn't changed. We still pride ourselves on providing local expertise and delivering award-winning service.


DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Arizona) 3 of 3
Country (United States) 4 of 4
Year (2007) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-25 Frontier State Bank

Oklahoma City, Oklahoma, United States

FRONTIER STATE BANK has been providing superior financial services to Oklahoma City and the surrounding metro area under the same local ownership.

Buy $11M