Announced
Completed
Financials
Tags
bank holding company
Private
Domestic
Friendly
Acquisition
United States
Banks
Majority
Single Bidder
Completed
Synopsis
BancPlus, the parent company of BankPlus, completed the acquisition of First Trust, the parent company of First Bank and Trust, for $202m. “We are excited to welcome First Bank and Trust’s clients, shareholders and team members to the BankPlus family. First Bank and Trust has built a strong foundation in the New Orleans market that we look forward to expanding. Together, we will continue their tradition of service coupled with our commitment to positively impact the customers, employees and communities as these two banks become one," William A. Ray, BankPlus President and CEO.
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