M&A
confidence high
sentiment neutral
materiality 0.75
Bank7 wins auction for Century Financial, raises purchase price to $88.96M
Bank7 Corp.
- Purchase price increased from $68M to $88.96M after winning court-supervised auction on Sept 3, 2026.
- Successful bid of $91M included $2.04M break-up fee credit; deal for ~71% of Century's shares.
- Closing still subject to court Sale Order and Federal Reserve approval.
- Amendment does not change other material terms of original Stock Purchase Agreement.