South Plains Financial to Acquire BOH Holdings in $106 Million All-Stock Deal

Reuters
2025.12.04 17:28
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South Plains Financial, Inc. is set to acquire BOH Holdings, Inc. in an all-stock deal valued at $106 million. The merger, expected to close in early 2026, will add $772 million in assets to South Plains, increasing its total assets to $5.4 billion. Jim Stein, CEO of BOH, will join South Plains' leadership and boards. The acquisition aims to expand South Plains' presence in Houston and improve profitability.