AcquisitionOct 28, 2026Pending
🇺🇸 United States

Main Street Financial Services Corp.First Community Bankshares, Inc.

Financial Institutions › Banks

Equity value$243MEquity value
AnnouncedOct 28, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

First Community Bankshares, Inc. agreed to acquire Main Street Financial Services Corp. in a stock-for-stock merger, with each eligible Main Street share converted into 0.6174 shares of First Community common stock, representing approximately $30.14 per Main Street share and an aggregate transaction value of approximately $243 million.

Deal rationale

The combination is presented as advancing First Community’s disciplined growth strategy by strengthening its franchise in West Virginia and establishing a meaningful presence in attractive Eastern Ohio markets while bringing together complementary banking strengths.

AI-generated from the SEC filing
PendingFinancial Institutions › BanksUnited StatesNorth America

Timeline

  1. AnnouncedOct 28, 2026

    Deal announced.

    Filing

Valuation and terms

Equity value$243MHeadline figure
Enterprise valueUndisclosed
ConsiderationStock

Advisors

Buy-side
DAD.A. Davidson & Co.
Sell-side
RJRaymond James

Parties

Target
Main Street Financial Services Corp.
Headquarters
United States
Ticker
MSWV
Acquirer
First Community Bankshares, Inc.
Headquarters
United States
Ticker
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