M&A Deal Summary

WesBanco Acquires Your Community Bankshares

On May 3, 2016, WesBanco acquired financial services company Your Community Bankshares for 221M USD

Acquisition Highlights
  • This is WesBanco’s 16th transaction in the Financial Services sector.
  • This is WesBanco’s 3rd largest (disclosed) transaction.
  • This is WesBanco’s 16th transaction in the United States.
  • This is WesBanco’s 1st transaction in Indiana.

M&A Deal Summary
Date 2016-05-03
Target Your Community Bankshares
Sector Financial Services
Buyer(s) WesBanco
Deal Type Merger
Deal Value 221M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Frost Brown Todd (Legal)

Target

Your Community Bankshares

New Albany, Indiana, United States
Your Community Bankshares, Inc. is engaged in the business of attracting deposits from the general public and using such funds for the origination of commercial business and real estate loans and secured consumer loans such as home equity lines of credit, automobile loans, and recreational vehicle loans.

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Buyer(S) 1

Buyer

WesBanco

Wheeling, West Virginia, United States
Category Company
Founded 1870
Sector Financial Services
Employees2,612
Revenue 595M USD (2023)
DESCRIPTION

WesBanco is a multi-state bank holding company of WesBanco Bank, Inc. operates as an insurance agency, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc. WesBanco was founded in 1870 and is based in Wheeling, West Virginia.

DEAL STATS #
Overall 16 of 17
Sector (Financial Services) 16 of 17
Type (Merger) 8 of 9
State (Indiana) 1 of 1
Country (United States) 16 of 17
Year (2016) 1 of 1
Size (of disclosed) 3 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-29 ESB Financial

Ellwood City, Pennsylvania, United States

ESB Financial Corp. is a provider of retail and commercial financial products and services and operates as a thrift holding company for ESB Bank. ESB had consolidated assets of approximately $1.9 billion, deposits of $1.3 billion, loans of $713 million and shareholders' equity of $205 million.

Buy $353M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-14 Old Line Bancshares

Bowie, Maryland, United States

Old Line Bancshares, Inc. is a parent company of Old Line a Maryland chartered commercial bank that provides financial services. Old Line Bancshares was founded in 1989 and is based in Bowie, Maryland.

Buy $500M
Mergr

Product

Company

Legal