AcquisitionSep 8, 2026Pending
🇺🇸 United States
EFEagle Financial Services, Inc.JMJohn Marshall Bancorp, Inc.
Financial Institutions › Banks
Equity value$253MEquity value
AnnouncedSep 8, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
John Marshall Bancorp, Inc. agreed to acquire Eagle Financial Services, Inc. in an all-stock merger in which each EFSI share was to be converted into 2.0 shares of John Marshall common stock, implying approximately $46.72 per EFSI share and an aggregate transaction value of approximately $253 million.
Deal rationale
The document presents the combination as creating a $4.4 billion high-performing community banking company with a broader, contiguous Virginia-to-Maryland franchise and greater scale for long-term growth.
AI-generated from the SEC filingPendingFinancial Institutions › BanksUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $253M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
SStifel
Sell-side
PSPiper Sandler
Parties
Target
EFEagle Financial Services, Inc.
- Headquarters
- United States
- Ticker
- EFSI
Acquirer
JMJohn Marshall Bancorp, Inc.
- Headquarters
- United States
- Ticker
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