M&A
confidence high
sentiment neutral
materiality 0.60
Glacier Bank to acquire six Montana branches from HTLF Bank
GLACIER BANCORP, INC.
- Glacier Bank signs Purchase & Assumption Agreement to buy six HTLF branches in Billings, Bozeman, Plentywood, Stevensville, and Whitehall, MT.
- Transaction includes deposits, loans, owned real estate, and fixed assets associated with the branches.
- Closing expected in Q3 2024, subject to regulatory approvals and customary conditions.
- Branches will operate under existing Glacier Bank Montana divisions post-close.
- D.A. Davidson & Co. acted as financial advisor; Miller Nash LLP as legal counsel.