M&A
confidence high
sentiment positive
materiality 0.75
Bank7 to acquire Century Financial for ~$137.3M in cash and stock, expanding into New Mexico
Bank7 Corp.
- Deal: $70M cash plus 1,232,657 BSVN shares for 100% of Century; ~$137.3M total based on $54.57/share.
- Century Bank (Santa Fe, NM): $1.36B assets, $1.23B deposits, $845M loans as of 6/30/2026; combined ~$3.3B.
- Each Century share: $210.41 cash + 3.7052 BSVN shares; 332,683 shares outstanding.
- Expected close Q4 2026; subject to Century shareholder approval, Federal Reserve approval, and court approvals in receivership case.
- Merger replaces prior Receivership SPA for 71% controlling interest, which remains in effect as backup if merger terminates.