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Heartland Bank and CNB to Merge in Deal Worth More than $170 Million
Summary by Jacksonville Journal-Courier
5 Articles
5 Articles
HBT Financial Expands Midwest Footprint with $170 Million CNB Bank Shares Merger - Channelchek
HBT Financial, Inc. (NASDAQ: HBT) announced a definitive agreement to acquire CNB Bank Shares, Inc. (OTC: CNBN) in a cash-and-stock deal valued at roughly $170.2 million, marking a significant strategic expansion in the community banking space. The transaction reflects HBT’s disciplined growth model and highlights continued consolidation among Midwest-based financial institutions. The merger, expected to close in the first quarter of 2026, will …
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Total News Sources5
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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