Credit Services & Lending M&A » By The Online Investor Staff, updated Fri., Apr. 19, 4:27 PM
Recent mergers and acquisitions in the Credit Services & Lending M&A category.
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Slide #14. Southern Missouri Bancorp, Inc. — Citizens State Bankshares of Bald Knob
Acquirer:
Southern Missouri Bancorp, Inc. (NASDAQ:SMBC)
Acquiree:
Citizens State Bankshares of Bald Knob
Details:
Southern Missouri Bancorp, Inc. ("Southern Missouri," NASDAQ: SMBC), of Poplar Bluff, Missouri, the parent company of Southern Bank, announced that its acquisition of Citizens State Bankshares of Bald Knob, Inc., ("Citizens") and its subsidiary, Citizens State Bank, was completed today.
Southern Missouri Bancorp is a bank holding company. Through its subsidiary, Southern Bank, Co. is engaged in accepting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. Co. provides a selection of deposit instruments, including interest-bearing and noninterest-bearing transaction accounts, money market deposit accounts, saving accounts, certificates of deposit and retirement savings plans.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: SMBC Stock Forecast Based on Zacks ABR data; powered by Xignite |
