M&A Deal Summary |
|
|---|---|
| Date | 2022-09-20 |
| Target | Citizens Bancshares |
| Sector | Financial Services |
| Buyer(s) | Southern Bank |
| Deal Type | Add-on Acquisition |
| Deal Value | 140M USD |
| Advisor(s) | D.A. Davidson (Financial) Stinson (Legal) |
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| Category | Company |
|---|---|
| Founded | 1887 |
| Sector | Financial Services |
| Employees | 693 |
| Revenue | 164M USD (2024) |
Southern Bank is a provider of financial services. Southern Bank was founded in 1887 and is based in Poplar Bluff, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Financial Services M&A | 6 of 6 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Missouri M&A | 3 of 3 |
| Country: United States M&A | 6 of 6 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-28 |
FortuneBank
Arnold, Missouri, United States FortuneBank is a provider of banking services that operates two branches in Jefferson and St. Louis Counties, Missouri, both located within St. Louis, Missouri, MSA. On June 30, 2021, Fortune’s consolidated assets were $253.7 million, including loans, net, of $209.3 million, while deposits totaled $214.5 million. FortuneBank was founded in 2005 and is based in Arnold, Missouri. |
Buy | - |