M&A
confidence high
sentiment positive
materiality 0.85
HomeTrust to acquire Blue Ridge Bankshares in $448M all-stock deal
HomeTrust Bancshares, Inc.
- All-stock deal: 0.086 HTB share per BRBS share, ~$4.28/share, $448.1M total consideration.
- Expected close early Q1 2027; accretive to EPS ~30% in 2028 with cost savings; TBV dilution ~8.3%, earn-back ~3.25 yrs.
- Combined bank: >$7B assets, 60+ Southeast locations; HTB stockholders own ~65%, BRBS ~35%.
- Two Blue Ridge directors join HomeTrust board; termination fee $18M; 25% of BRBS warrants pre-agreed to exchange.
- Subject to regulatory and shareholder approvals; Blue Ridge directors and significant shareholders signed voting agreements.