UMB Financial agrees to acquire El Dorado Savings Bank for about $506 million

PUBT · 1d ago
UMB Financial agrees to acquire El Dorado Savings Bank for about $506 million
  • UMB Financial will acquire El Dorado Savings Bank for approximately $506 million in a 52% cash, 48% stock transaction.
  • El Dorado shareholders will receive a fixed exchange ratio of 13.553 and $1,958.88 in cash for each outstanding share.
  • El Dorado held $2.4 billion in assets and $2.1 billion in deposits as of September 30, 2026.
  • The acquisition adds 31 California branches and four Nevada branches, expanding the combined network to 227 branches across 15 states.
  • The transaction is expected to close in the first quarter of 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UMB Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261027707602) on October 27, 2026, and is solely responsible for the information contained therein.