Home Bancshares completed its acquisition of Mountain Commerce Bancorp on April 1, 2026, adding a Tennessee banking platform that had $1.77 billion in assets, $1.49 billion in loans and $1.54 billion in deposits as of Dec. 31, 2025.
The deal was structured as a stock transaction in which Home issued about 5.4 million shares of common stock, valued at roughly $146 million at closing. Mountain Commerce shareholders received 0.85 Home shares for each Mountain Commerce share, plus cash in lieu of fractional shares.
With the acquisition closed, Home now operates 218 branches across its footprint: 78 in Florida, 75 in Arkansas, 59 in Texas, eight in Tennessee, five in south Alabama and one in New York City.
Home said the transaction was completed through a series of mergers, with Mountain Commerce merging into Home and Mountain Commerce Bank merging into Centennial Bank. Following these announcements, the company's shares moved 0.41%, and are now trading at a price of $26.73. Check out the company's full 8-K submission here.
