Acquiring Company
HomeTrust Bancshares
Acquired Company
Blue Ridge Bankshares
Description
HomeTrust Bancshares, Inc. has announced its acquisition of Blue Ridge Bankshares, Inc. This strategic move aims to expand HomeTrust's presence in attractive markets across Virginia. The deal is anticipated to enhance service offerings and increase customer engagement in the region.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Blue Ridge Bankshares?
Blue Ridge Bankshares was acquired by HomeTrust Bancshares, based in Asheville. The deal was reported on August 17, 2026. HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank. As of September 30, 2023, the Company had assets of $4.7 billion. HomeTrust Bancshares is publicly traded (HTB) and operates in Financial Services.
When did HomeTrust Bancshares acquire Blue Ridge Bankshares?
HomeTrust Bancshares's acquisition of Blue Ridge Bankshares was reported on August 17, 2026. HomeTrust Bancshares, Inc. has announced its acquisition of Blue Ridge Bankshares, Inc. This strategic move aims to expand HomeTrust's presence in attractive markets across Virginia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Blue Ridge Bankshares do?
Blue Ridge Bankshares, Inc. is a Virginia-based bank holding company primarily engaged in the business of banking and financial services. It is publicly traded (BRBS), operating in Financial Services, and is based in United States.