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Bank7 to buy Century Financial Services in cash-and-stock deal valued at about $137 million

PUBT·09/17/2026 11:31:30
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Bank7 to buy Century Financial Services in cash-and-stock deal valued at about $137 million
  • Bank7 agreed to buy Century Financial Services, parent of Century Bank, expanding into New Mexico and adding a long-established deposit franchise.
  • Consideration totals USD 70 million cash, 1,232,657 Bank7 shares, implying about USD 137.3 million using a USD 54.57 reference price.
  • Per Century share, holders would receive USD 210.41 cash, 3.7052 Bank7 shares; non-accredited holders receive cash in lieu of shares.
  • Century Bank has USD 1.36 billion assets, USD 1.23 billion deposits, USD 845 million gross loans as of June 30, 2026.
  • Closing is targeted for Q4 2026; Bank7 also has a separate agreement to buy a 71% stake via a court-run process.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank7 Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609170730PR_NEWS_USPR_____DA47118) on September 17, 2026, and is solely responsible for the information contained therein.