HomeTrust to Purchase Blue Ridge Bankshares in $448 Million All-Stock Deal

3-line summary

• North Carolina's HomeTrust agreed to buy Virginia-based Blue Ridge Bankshares in an all-stock deal worth about $448.1 million, according to a Yahoo Finance report.
• The combined bank would have more than $7 billion in assets and over 60 branches across the Southeast; Blue Ridge shareholders will receive 0.086 HomeTrust shares per share held, and the deal is expected to close in early Q1 2027.

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