M&A · Financials · Buyer's industry: Savings Institution, Federally Chartered
Northrim Bancorp Inc to acquire PBCO Financial Corporation
Announced Jul 23, 2026 · Announced · Private target
Deal value$167M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$32.36 per share
Transaction
- Acquirer
- Northrim Bancorp Inc (NRIM)
- Target
- PBCO Financial Corporation
- Buyer type
- Strategic
- Offer price per share
- $32.36
- Enterprise value
- —
- Status
- Announced
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Hovde Group
- To the target
- D.A. Davidson
Classification
- Sector
- Financials
- Buyer's industry
- Savings Institution, Federally Chartered