.
MergerLinks Header Logo

New Deal


Announced

CrossFirst Bankshares to merge with Canyon Community Bank in a $15m deal.

Financials

Edit Data
Transaction Value£12m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Public

Pending

Domestic

Merger

Friendly

Single Bidder

full-service financial institution

Banks

Acquisition

Majority

United States

Synopsis

Edit

CrossFirst Bankshares, a Kansas corporation and a registered bank holding company, agreed to merge with Canyon Bancorporation, an Arizona corporation and a registered bank holding company, in a $15m deal. “We are excited to welcome Canyon Bank’s clients and employees to our CrossFirst team. This transaction represents a natural extension of our growth opportunity in Arizona by providing a strategic presence in Tucson with a strong core deposit base and liquidity position, while also supplementing our existing presence in the metro Phoenix market,” Mike Maddox, CrossFirst President and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US