M&A · Financials · Buyer's industry: Savings Institutions, Not Federally Chartered
Third Coast Bancshares, Inc. to acquire Keystone
Announced Oct 22, 2025 · Closed Feb 2, 2026 · Private target
Deal value$123M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$17.99 per share
Transaction
- Acquirer
- Third Coast Bancshares, Inc. (TCBX)
- Target
- Keystone
- Buyer type
- Strategic
- Offer price per share
- $17.99
- Enterprise value
- —
- Status
- Closed Feb 2, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- Savings Institutions, Not Federally Chartered