Price / | |||||||
TBV per Share |
LTM EPS |
'21E EPS |
'22E EPS | ||||
•
|
Sierra Bancorp
|
126%
|
10.3x
|
9.6x
|
9.9x
| ||
•
|
Bank of Marin Bancorp
|
133%
|
13.4x
|
15.1x
|
13.4x
| ||
•
|
BayCom Corp
|
96%
|
13.5x
|
10.4x
|
10.5x
| ||
•
|
Central Valley Community Bancorp
|
133%
|
11.7x
|
10.1x
|
11.4x
| ||
•
|
Five Star Bancorp
|
221%
|
NA
|
12.5x
|
13.5x
| ||
•
|
California BanCorp
|
113%
|
22.0x
|
14.7x
|
12.4x
| ||
•
|
Oak Valley Bancorp
|
116%
|
9.6x
|
NA
|
NA
| ||
•
|
United Security Bancshares
|
120%
|
18.1x
|
NA
|
NA
|
SUMMARY TRANSACTION MULTIPLES | ||||||
Deal Value /
TBV |
Deal Value /
LTM Earnings |
Premium /
Core Deposits | ||||
•
|
Acquisition of First Choice Bancorp by Enterprise Financial Services Corp (04/26/2021)
|
200%
|
14.0x
|
13.1%
| ||
•
|
Acquisition of Pacific Mercantile Bancorp by Banc of California, Inc. (03/22/2021)
|
156%
|
29.7x
|
6.7%
| ||
•
|
Acquisition of Seacoast Commerce Banc Holdings by Enterprise Financial Services Corp (08/20/2020)
|
156%
|
10.5x
|
5.5%
|
SUMMARY TRANSACTION MULTIPLES | ||||||
Deal Value /
TBV |
Deal Value /
LTM Earnings |
Premium /
Core Deposits | ||||
•
|
Acquisition of County Bancorp, Inc. by Nicolet Bankshares, Inc. (06/22/2021)
|
138%
|
15.3x
|
6.7%
| ||
•
|
Acquisition of Landmark Community Bank by Simmons First National Corporation (06/07/2021)
|
143%
|
14.0x
|
8.0%
| ||
•
|
Acquisition of Community Bankers Trust Corporation by United Bankshares, Inc. (06/03/2021)
|
177%
|
14.7x
|
11.7%
| ||
•
|
Acquisition of TGR Financial, Inc. by First Foundation Inc. (06/03/2021)
|
180%
|
17.4x
|
7.4%
| ||
•
|
Acquisition of Select Bancorp, Inc. by First Bancorp (06/01/2021)
|
187%
|
23.5x
|
11.0%
| ||
•
|
Acquisition of Altabancorp by Glacier Bancorp, Inc. (05/18/2021)
|
291%
|
22.2x
|
20.0%
| ||
•
|
Acquisition of First Choice Bancorp by Enterprise Financial Services Corp (04/26/2021)
|
200%
|
14.0x
|
13.1%
| ||
•
|
Acquisition of Mackinac Financial Corporation by Nicolet Bankshares, Inc. (04/12/2021)
|
173%
|
18.5x
|
8.9%
| ||
•
|
Acquisition of Premier Financial Bancorp, Inc. by Peoples Bancorp Inc. (03/29/2021)
|
141%
|
13.0x
|
5.8%
| ||
•
|
Acquisition of Pacific Mercantile Bancorp by Banc of California, Inc. (03/22/2021)
|
156%
|
29.7x
|
6.7%
| ||
•
|
Acquisition of Kentucky Bancshares, Inc. by Stock Yards Bancorp, Inc. (01/27/2021)
|
172%
|
16.4x
|
9.8%
| ||
•
|
Acquisition of Cummins-American Corp. by First Busey Corporation (01/19/2021)
|
112%
|
17.1x
|
1.3%
| ||
•
|
Acquisition of LINCO Bancshares, Inc. by First Mid Bancshares, Inc. (09/28/2020)
|
107%
|
21.0x
|
1.4%
| ||
•
|
Acquisition of Standard AVB Financial Corp. by Dollar Mutual Bancorp (09/25/2020)
|
140%
|
23.8x
|
6.8%
| ||
•
|
Acquisition of Seacoast Commerce Banc Holdings by Enterprise Financial Services Corp (08/20/2020)
|
156%
|
10.5x
|
5.5%
| ||
•
|
Acquisition of SB One Bancorp by Provident Financial Services, Inc. (03/12/2020)
|
125%
|
9.4x
|
3.3%
| ||
•
|
Acquisition of Three Shores Bancorporation, Inc. by United Community Banks, Inc. (03/09/2020)
|
156%
|
14.8x
|
4.4%
|
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Bank of Commerce Holdings published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 10:11:10 UTC.