Southside Bancshares Inc. is acquiring Diboll State Bancshares Inc. in a cash-and-stock deal valued at $218.8 million, set to close in the fourth quarter.
The combined entity will have assets of nearly $7 billion.
Details to follow.
Southside Bancshares to buy Diboll State Bancshares
Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A
Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion
Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines
Making sanctions effective: Key themes for banks
Southside Bancshares Inc. is acquiring Diboll State Bancshares Inc. in a cash-and-stock deal valued at $218.8 million, set to close in the fourth quarter.
The combined entity will have assets of nearly $7 billion.
Details to follow.