AcquisitionSep 3, 2026Pending
🇺🇸 United States
LBLincoln BancorpEBEquity Bancshares, Inc.
Financial Institutions › Banks
Equity value$124MEquity value
AnnouncedSep 3, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Equity Bancshares, Inc. agreed to acquire Lincoln Bancorp in a merger, with Lincoln shareholders receiving approximately 77.5% of the consideration in Equity stock and 22.5% in cash, for total consideration valued at approximately $123.8 million.
Deal rationale
The transaction builds upon Equity's Iowa presence and provides a platform for expansion in the state.
AI-generated from the SEC filingPendingFinancial Institutions › BanksUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $124M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
SStephens Inc.
Parties
Target
LBLincoln Bancorp
- Headquarters
- United States
- Ticker
- —
Acquirer
EBEquity Bancshares, Inc.
- Headquarters
- United States
- Ticker
- —