trending Market Intelligence /marketintelligence/en/news-insights/trending/DiMfLWLHcgqza41YcYZvjw2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List

In Missouri, Dickinson Financial to acquire KCB Bank

A New Era For Blockbuster Bank M&A

Street Talk Podcast

Street Talk Episode 23 - As More Banks Reach for Yield, Advisers Urge Caution

Credit Analysis

Beyond Amazon, Alibaba Leads Disruptive Innovation In Race To $1 Trillion Valuation

Banking & Financial Services

CECL Could Create Large Capital Shortfall For Community Banks


In Missouri, Dickinson Financial to acquire KCB Bank

Kansas City, Mo.-based Dickinson Financial Corp. agreed to acquire 100% of Kearney, Mo.-based KCB Bank's common shares from parent Bancshares of Missouri Inc.

KCB Bank will then be merged into Dickinson Financial unit Academy Bank NA under the terms of the deal. The transaction is expected to close early in the fourth quarter.

S&P Global Market Intelligence valuations for bank and thrift targets in the Midwest region between May 31, 2018, and May 31, 2019, averaged 150.80% of book and 154.24% of tangible book and had a median of 19.56x last-12-months earnings on an aggregate basis.

Parent Dickinson Financial Corp. II will expand in Clay County, Mo., by four branches to be ranked sixth with a 5.80% share of approximately $3.87 billion in total market deposits. It will also expand in Wyandotte County, Mo., by one branch to be ranked no. 14 with a 1.13% share of roughly $2.06 billion in total market deposits.

Academy Bank has total assets of $1.6 billion, and KCB Bank has total assets of $255 million, according to a press release.

To use S&P Global Market Intelligence's branch analytics tools, click here. To create custom maps, click here.

SNL is an offering of S&P Global Market Intelligence.

SNL Image