CBC Bancorp Acquires Bay Community Bancorp in All-Cash Transaction
May 20, 2024
CBC Bancorp (holding company for Commercial Bank of California) will acquire Bay Community Bancorp (holding company for Community Bank of the Bay) in an all-cash transaction valued at $14.00 per share. Shareholders approved the deal, and the acquisition was later completed, with Community Bank of the Bay becoming a division of CBC.
- Buyers
- CBC Bancorp
- Targets
- Bay Community Bancorp
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Colony Bankcorp to Acquire TC Bancshares (TC Federal Bank)
July 23, 2025
Financial Services
Colony Bankcorp, Inc. agreed to acquire 100% of the common stock of TC Bancshares, Inc. in a combined stock-and-cash transaction valued at approximately $86.1 million. The merger is intended to create a stronger community banking franchise focused on enhanced customer service and expanded capabilities and is expected to close on or about December 1, 2025 after approvals.
-
National Bank of Canada to Acquire Canadian Western Bank
June 11, 2024
Financial Services
National Bank of Canada entered into a definitive agreement to acquire all outstanding common shares of Canadian Western Bank in a share-exchange transaction valuing CWB at approximately $5.0 billion. The deal (exchange ratio 0.450 NB shares per CWB share) expands National Bank's footprint in Western Canada, is expected to close by the end of 2025 subject to shareholder and regulatory approvals, and is supported by an approximately $1.0 billion equity financing including a private placement to CDPQ.
-
Central Valley Community Bancorp Completes Merger with Community West Bancshares; Combined Company Adopts Community West Name
April 1, 2024
Financial Services
Central Valley Community Bancorp (parent of Central Valley Community Bank) completed an all-stock merger with Community West Bancshares (parent of Community West Bank), effective April 1, 2024. The combined company assumes the Community West Bancshares name and NASDAQ ticker CWBC, creating a regional bank with approximately $3.5 billion in assets and an expanded branch footprint across Central California.
-
BayCom Corp Acquires Pacific Enterprise Bancorp
February 1, 2022
Financial Services
BayCom Corp signed an agreement to acquire Pacific Enterprise Bancorp in an all-stock transaction valued at approximately $53.1 million. BayCom completed the acquisition effective February 1, 2022, expanding its presence in Orange County, California and its SBA/government-guaranteed lending resources.
-
New York Community Bancorp to Acquire Flagstar Bancorp in $2.6 Billion All-Stock Merger
April 26, 2021
Financial Services
New York Community Bancorp (NYCB) and Flagstar Bancorp (FBC) entered into a definitive merger agreement for an all-stock transaction valued at approximately $2.6 billion. Flagstar shareholders will receive 4.0151 shares of NYCB common stock for each Flagstar share, and the combined company is expected to operate nearly 400 traditional branches across a multi-state footprint.
-
Banc of California to Acquire Pacific Mercantile Bancorp
March 22, 2021
Financial Services
Banc of California, Inc. agreed to acquire Pacific Mercantile Bancorp in an all-stock merger valued at approximately $235 million. Pacific Mercantile’s shareholders are expected to receive 0.5 shares of Banc of California common stock per share, with the deal slated to close in the third quarter of 2021 subject to regulatory and shareholder approvals.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.