Bank7 to acquire Century Financial, expand into New Mexico
Bank7 Corp. (BSVN) said it will acquire Century Financial Services Corporation and expand its Southwest franchise into New Mexico.
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11:31:09 AM UTC
SquawkNews
BSVN BSVN - Bank7 Corp. to Acquire Century Financial Services Corporation and Expand Southwest Franchise into New Mexico
11:31:14 AM UTC
SquawkNews
Bank7 Corp. agreed to acquire Century Financial Services for $70M cash plus 1,232,657 shares (~$137M total based on recent BSVN price), extending its footprint into New Mexico. Deal is subject to court, shareholder and regulatory approvals; closing expected Q4 2026.Material DetailsContext by AI Ana…
11:33:47 AM UTC
SquawkNews
Bank7 entered into an Agreement and Plan of Merger to acquire Century Financial Services in a cash-and-stock transaction. Century shareholders will receive an aggregate $70 million in cash and 1,232,657 Bank7 shares, or $210.41 in cash and 3.7052 Bank7 shares per Century share, with cash paid for f…
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