M&A
confidence high
sentiment positive
materiality 0.90
HomeTrust to acquire Blue Ridge Bankshares in $448M all-stock deal
BLUE RIDGE BANKSHARES, INC.
- Deal valued at ~$448.1M; BRBS shareholders receive 0.086 HTB share per BRBS share, ~$4.28/share.
- Expected close early Q1 2027; subject to regulatory approvals and shareholder votes of both companies.
- Combined bank to have over $7B assets and 60+ locations; HTB stockholders own ~65%, BRBS ~35%.
- Deal accretive to EPS by ~30% in 2028; TBV dilution ~8.3% with ~3.25-year earn-back period.
- Two Blue Ridge directors to join HomeTrust board; termination fee of $18.0M under certain conditions.