Merger of equalsJun 15, 2026Pending
🇺🇸 United States
NCNational Capital Bancorp, Inc.OFODNB Financial Corporation
Financial Institutions › Banks
Deal valueUndisclosed
AnnouncedJun 15, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
ODNB Financial Corporation and National Capital Bancorp, Inc. entered into a merger agreement in a merger of equals, with NACB merging into ODNB and the combined company taking the name National Capital Bancorp, Inc. NACB holders can elect to receive 5.2390 ODNB shares, $83.00 in cash per share, or a mix of 90% stock and 10% cash, with cash capped at 10% of total consideration.
Deal rationale
The combination creates a top-tier community bank in Washington, D.C. with about $2.4 billion in assets, greater scale and resources, and significant EPS accretion.
AI-generated from the SEC filingPendingFinancial Institutions › BanksUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
DAD.A. Davidson & Co.
Sell-side
PSPiper Sandler
Parties
Target
NCNational Capital Bancorp, Inc.
- Headquarters
- United States
- Ticker
- NACB