Hometown Financial Group to Acquire Primary Bank for Approximately $160 Million
July 7, 2026
Hometown Financial Group has entered into a merger agreement to acquire Primary Bank, a publicly traded commercial bank headquartered in Bedford, New Hampshire, in a transaction valued at approximately $160 million. The deal is expected to expand Hometown’s presence in southern New Hampshire and bring Primary’s locations under the TruNorth Bank brand, with the merger and associated mutual-to-stock conversion expected to be completed concurrently in the first quarter of 2027.
- Buyers
- Hometown Financial Group, Inc.
- Targets
- Primary Bank
- Industry
- Financial Services
- Location
- New Hampshire, United States
- Transaction Type
- Buyout
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