United Bankshares to Acquire Piedmont Bancorp

First Bancorp to Acquire First Carolina Bancshares Corporation

July 14, 2026

Financial Services

First Bancorp announced it signed a definitive merger agreement to acquire First Carolina Bancshares Corporation in a stock-and-cash transaction valued at $166 million. The deal is expected to close in the fourth quarter of 2026 or early in the first quarter of 2027, subject to customary approvals and conditions.

UBT Bancshares to Acquire Bank of Commerce

June 15, 2026

Financial Services

UBT Bancshares, Inc., the parent company of United Bank & Trust, has entered into a definitive agreement to acquire all outstanding capital stock of Bank of Commerce from Southeast Bancshares, Inc. Immediately after closing, Bank of Commerce will merge into United Bank & Trust, which will continue as the surviving bank.

United Community Banks Acquires Peach State Bancshares

April 21, 2026

Financial Services

United Community Banks, Inc. (NYSE: UCB) announced it has received required regulatory approvals to acquire Peach State Bancshares, Inc. in a stock-and-cash merger. The transaction is expected to close on August 3, 2026, subject to remaining closing conditions, including Peach State shareholder approval.

Atlantic Union Bankshares Acquires American National Bankshares

April 1, 2024

Financial Services

Atlantic Union Bankshares Corporation completed its merger with American National Bankshares Inc., effective April 1, 2024, in a stock-for-stock transaction valued at approximately $507 million. The deal expands Atlantic Union's footprint across Central, Western and Southern Virginia and provides entry into North Carolina's Piedmont Triad and Raleigh markets.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

M&T Bank Corporation to Acquire People’s United Financial in $7.6 Billion All-Stock Deal

February 22, 2021

Financial Services

M&T Bank Corporation will acquire People’s United Financial in an all-stock transaction valued at approximately $7.6 billion. Under the definitive agreement, People’s United shareholders will receive 0.118 shares of M&T common stock for each share they own, and the combined company is expected to create a community-focused banking franchise across 12 states plus Washington, D.C.