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HomeTrust agrees to buy Blue Ridge Bankshares in $448.1 million all-stock deal

PUBT·08/17/2026 12:32:34
語音播報
HomeTrust agrees to buy Blue Ridge Bankshares in $448.1 million all-stock deal
  • HomeTrust agreed to buy Blue Ridge Bankshares in an all-stock deal valued at about $448.1 million.
  • Blue Ridge holders to receive 0.086 HomeTrust shares per share, implying $4.28 per share based on Aug. 14 pricing.
  • Combined bank expected to exceed $7 billion in assets with more than 60 locations across the Southeast, expanding into Virginia.
  • Deal expected to close early Q1 2027; projected about 30% EPS accretion once cost saves are fully realized in 2028.
  • HomeTrust estimates 8.3% tangible book value per-share dilution at close, with a roughly 3.25-year earn-back period.


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. HomeTrust Bancshares Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170830PRIMZONEFULLFEED9811016) on August 17, 2026, and is solely responsible for the information contained therein.