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First Financial Bank to acquire Peoples Bank parent

PRIVATEJul 21, 2026

Acquiring Company

First Financial Bank

Acquired Company

Peoples Bank parent

AbileneUnited StatesFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

First Financial Bank is set to acquire Peoples Bank parent for $208 million. This acquisition aims to expand First Financial's market presence and enhance its service offerings. The deal underscores First Financial's commitment to growth and customer service. The transaction is expected to close later this year.

Quick answer

First Financial Bank is acquiring Peoples Bank parent, announced July 21, 2026. First Financial Bank is based in Abilene, Texas, United States.

How much did First Financial Bank pay for Peoples Bank parent?
The deal value was not disclosed.
What does First Financial Bank do?
First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc., a financial holding company that operates multiple banking regions with 79 locations in Texas.
Where are First Financial Bank and Peoples Bank parent based?
First Financial Bank is based in Abilene, Texas, United States. Peoples Bank parent is based in United States.
Who are the decision-makers at First Financial Bank?
Fundz holds 1 contact at First Financial Bank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

First Financial Bank

Location

Abilene, Texas, United States

About

First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc., a financial holding company that operates multiple banking regions with 79 locations in Texas. The Bank focuses on affordable banking initiatives which serve the diverse needs of traditionally underserved communities.

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Frequently asked

Who acquired Peoples Bank parent?

Peoples Bank parent was acquired by First Financial Bank, based in Abilene. The deal was reported on July 21, 2026. First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc., a financial holding company that operates multiple banking regions with 79 locations in Texas. First Financial Bank is privately held and operates in Financial Services.

When did First Financial Bank acquire Peoples Bank parent?

First Financial Bank's acquisition of Peoples Bank parent was reported on July 21, 2026. First Financial Bank is set to acquire Peoples Bank parent for $208 million. This acquisition aims to expand First Financial's market presence and enhance its service offerings. The deal underscores First Financial's commitment to growth and customer service. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Peoples Bank parent do?

Peoples Bank is a community bank that offers a range of banking products and services to its customers. Known for its focus on customer service, it provides personal and commercial banking solutions. It is privately held, operating in Financial Services, and is based in United States.

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