.
MergerLinks Header Logo

New Deal


Announced

Edmonton State Bank to merge with Sumner Bank & Trust.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

bank

banking services

Banks

Acquisition

Domestic

Private

Merger

Majority

Pending

Friendly

Single Bidder

Synopsis

Edit

Edmonton State Bank, a subsidiary of Edmonton Bancshares, offers competitive car loan and home loan rates plus savings accounts and more, agreed to merge with Sumner Bank & Trust, a community bank owned by local shareholders. Financial terms were not disclosed. “We’re very excited about this new partnership with Edmonton. This is an excellent fit for both companies, and will enhance the combined presence throughout South Central Kentucky and Middle Tennessee.” Keith Hatley, Sumner Bank & Trust President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US