Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
Northrim BanCorp
Acquired Company
PBCO
Description
NORTHRIM BANCORP INC has signed an all-stock merger agreement to acquire PBCO, marking its expansion into Oregon. The merger is expected to close in Q4 2026 or Q1 2027. This strategic move aims to enhance NORTHRIM's market presence and service offerings. Financial results for Q2 2026 show positive growth and solid performance.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed