M&A · Financials · Buyer's industry: State Commercial Banks
Business First Bancshares, Inc. to acquire Progressive Bancorp
Announced Jul 7, 2025 · Closed Jan 5, 2026 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- Business First Bancshares, Inc. (BFST)
- Target
- Progressive Bancorp
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jan 5, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Raymond James
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks