M&A · Financials · Buyer's industry: Savings Institutions, Not Federally Chartered
FS Bancorp, Inc. to acquire Pacific West Bancorp
Announced Feb 26, 2026 · Closed Aug 19, 2026 · Private target
Deal value$35M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$12.52 per share
Transaction
- Acquirer
- FS Bancorp, Inc. (FSBW)
- Target
- Pacific West Bancorp
- Buyer type
- Strategic
- Offer price per share
- $12.52
- Enterprise value
- —
- Status
- Closed Aug 19, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- D.A. Davidson
- To the target
- Raymond James
Classification
- Sector
- Financials
- Buyer's industry
- Savings Institutions, Not Federally Chartered