Has Agreed To Acquire
Note: Reflects financial data as of March 31, 2021.
1) Based on the closing price of EQBK’s common stock of $29.59 on April 29, 2021, the date on which both parties agreed to pricing.
2) American State tangible book value is consolidated and as of 3/31/2021; American State LTM earnings are for the last twelve months ended 3/31/2021; Core deposits exclude CDs > $100,000.
3) TBVPS Earnback calculated using the cross-over method.
4) Reflects American State bank-level regulatory financials as of 3/31/2021.
This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.
“Stephens” is the brand name for a family of independent privately held financial services firms, including Stephens Europe Limited, which is authorized and regulated by the Financial Conduct Authority (Registered office 12 Arthur Street, London, EC4R 9AB, Registered number 8817024) and Stephens Inc. which is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000). Stephens Inc. is a member of NYSE and SIPC. For more information, visit www.stephens.com. © 2021 Stephens
Cadre Holdings, Inc. Prices Its Follow-on Offering. Stephens served as a Bookrunner on the offering.
American Bank, N.A. has agreed to acquire TexStar National Bank. Stephens served as exclusive financial advisor to American Bank, N.A.