Arvest Bank hasn’t bought a bank since it acquired Kansas City-based Union Bank in 2012, but it has re-entered the mix with a $391 million all-cash deal to acquire Bear State Financial Inc., which will expand the bank's Missouri footprint.
Bear State is the holding company for Bear State Bank, which has 42 branches in Southwest Missouri, Arkansas and Eastern Oklahoma with about $2.24 billion in total assets. If approved by regulators, Bear State will join Arvest Bank, which has 250 branches in…
Arvest Bank hasn’t bought a bank since it acquired Kansas City-based Union Bank in 2012, but it has re-entered the mix with a $391 million all-cash deal to acquire Bear State Financial Inc., which will expand the bank's Missouri footprint.
Bear State is the holding company for Bear State Bank, which has 42 branches in Southwest Missouri, Arkansas and Eastern Oklahoma with about $2.24 billion in total assets. If approved by regulators, Bear State will join Arvest Bank, which has 250 branches in…