Announced
Completed
Financials
Tags
Domestic
Merger
Single Bidder
Public
Banks
Friendly
regional banks
Majority
United States
Completed
Synopsis
First Interstate BancSystem, a financial holding company, completed the merger with Great Western Bancorp, a regional bank, in a $2bn deal. “We’re excited to join forces, and confident that both companies’ stakeholders will benefit from this partnership. We’ll be able to offer customers access to additional branch locations and new products and services, provide new growth and professional development opportunities to our employees, deliver additional returns to our shareholders, and have an even greater impact on our communities," Mark Borrecco, GWB President and CEO. On January 20, 2022, First Interstate BancSystem and Great Western Bancorp received final regulatory and shareholder approvals to merge.
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