AcquisitionOct 7, 2026Pending
🇺🇸 United States
GPGreat Plains Bancshares, Inc.TCThird Coast Bancshares, Inc.
Financial Institutions › Banks
Equity value$240MEquity value
AnnouncedOct 7, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Third Coast Bancshares, Inc. agreed to acquire Great Plains Bancshares, Inc. in an all-stock transaction valued at approximately $239.6 million, with Great Plains shareholders receiving shares of Third Coast common stock.
Deal rationale
The strategic partnership creates an opportunity to combine two culturally aligned, relationship-driven community banks, expand Third Coast’s Dallas presence and establish Third Coast’s entry into the Oklahoma market.
AI-generated from the SEC filingPendingFinancial Institutions › BanksUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $240M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
SStifel
Sell-side
SStephens Inc.
Parties
Target
GPGreat Plains Bancshares, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
TCThird Coast Bancshares, Inc.
- Headquarters
- United States
- Ticker
- —