FIRST FINANCIAL CORP /IN/ (THFF): M&A transaction — First Financial completes $25M cash acquisition of CedarStone Financial, Inc.

FIRST FINANCIAL CORP /IN/

On March 1, 2026, closed acquisition of CedarStone Financial for $19.12 per share in cash.
Aggregate consideration approximately $25.0 million; CedarStone Bank merged into First Financial Bank.
Deal announced Nov 6, 2025; expands First Financial's Tennessee presence.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

FIRST FINANCIAL CORP /IN/ completed an acquisition involving CedarStone Financial, Inc. for $19.12 per share in cash (closed 2026-03-01).

Action: acquisition
Counterparty: CedarStone Financial, Inc.
Consideration: $19.12 per share in cash
Closing: 2026-03-01

Exact text from the filing

Merger”). Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”), First Financial paid $19.12 per share in cash for each share of CedarStone’s common stock outstanding. The aggregate value of the transaction was approximately $25.0 million. The foregoing summary of the

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Source: SEC EDGAR

accession 0000714562-26-000011

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