HomeTrust to Acquire Blue Ridge Bankshares in $448.1M All-Stock Deal
HomeTrust Bancshares has signed a definitive merger agreement to acquire Blue Ridge Bankshares in an all-stock transaction valued at about $448.1 million. The deal expands HomeTrust into attractive Virginia markets, combining into a commercial bank with more than $7 billion in assets and 60+ locations across the Southeast. Blue Ridge shareholders will receive 0.086 HomeTrust shares for each share.