M&A
confidence high
sentiment positive
materiality 0.75
Third Coast Bancshares to acquire Keystone Bancshares for ~$123M in stock/cash
Third Coast Bancshares, Inc.
- Transaction valued at ~$123M; Keystone shareholders elect 0.45925 TCBX shares or cash equivalent.
- Pro forma combined assets exceed $6B; Third Coast currently >$5B, Keystone >$1B.
- Expected to close in Q1 2026, subject to regulatory and shareholder approvals.
- Merger expands Third Coast's Austin presence; Keystone has two branches in Austin plus Ballinger and Bastrop.
- Combined company will operate under Third Coast name and brand.