Announced
Financials
Tags
Acquisition
Domestic
Friendly
Public
Banks
bank
Single Bidder
Majority
United States
Pending
Synopsis
Bank First, a customer-owned mutual bank, agreed to acquire Denmark Bancshares, a parent company of Denmark State Bank, for $119m. "We are thrilled to unite with Denmark State Bank and expand our footprint in Wisconsin. Similar to Bank First, Denmark is a long-standing organization focused on relationship banking. Bank First and Denmark date back to 1894 and 1909, respectively. Together, we will continue our shared mission of building meaningful relationships and strengthening the communities we serve by providing value-driven financial solutions and giving back through volunteerism and philanthropic initiatives," Mike Molepske, Bank First President and CEO.
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