M&A · Financials · Buyer's industry: State Commercial Banks
Independent Bank Corp to acquire HCB Financial Corp.
Announced Mar 18, 2026 · Closed Jul 1, 2026 · Private target
Deal value$70M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Independent Bank Corp (IBCP)
- Target
- HCB Financial Corp.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jul 1, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Stifel
- To the target
- Hovde Group
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks