Columbia Banking System to Acquire Pacific Premier Bancorp

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.

WesBanco Acquires Premier Financial Corp

May 21, 2025

Financial Services

WesBanco, Inc. completed its acquisition of Premier Financial Corp., resulting in the merger of Premier Bank into WesBanco’s banking subsidiary. The deal expands WesBanco’s regional footprint across nine states and transitions approximately 400,000 consumer and 50,000 business relationships to WesBanco branding and operations.

Banc of California and PacWest Bancorp to Combine in All-Stock Merger with $400M Investment from Warburg Pincus and Centerbridge

July 25, 2023

Financial Services

Banc of California and PacWest Bancorp have signed a definitive agreement to combine in an all‑stock merger under which PacWest will merge into Banc of California. Concurrent with closing, affiliates of Warburg Pincus and Centerbridge will invest $400 million of newly issued equity to support balance‑sheet repositioning and scale the combined California-focused business bank.

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.

Brookline Bancorp Acquires PCSB Financial Corporation

January 1, 2023

Financial Services

Brookline Bancorp, Inc. received all required regulatory approvals to complete its acquisition of PCSB Financial Corporation. The transaction was completed effective January 1, 2023, with PCSB Bank operating as a separate subsidiary of Brookline.

United Bankshares to Acquire Piedmont Bancorp

May 10, 2024

Financial Services

United Bankshares entered into a definitive merger agreement to acquire Piedmont Bancorp, the parent company of The Piedmont Bank, in an all-stock transaction valued at approximately $267 million. The deal received all required regulatory approvals, with the merger expected to close in early 2025 and Piedmont to merge into United.