JMSB /
EFSI
JMSB and EFSI agree to merge in bank combination
Source for the buyer and target: Eagle Financial Services, Inc.
For the buyer and target.
“The Mergers cannot be completed unless JMSB shareholders approve the issuance of shares of JMSB Common Stock in connection with the First Merger, and EFSI shareholders approve the Merger Agreement, including the related first plan of merger (the “Plan of Merger”), and the transactions contemplated thereby, including the First Merger.”
Published 16 Oct 2026
Open the sourceWhat happened
JMSB and EFSI entered into a merger agreement that provides for EFSI to merge into JMSB, which will continue as the surviving corporation. The agreement also provides for Bank of Clarke to merge into John Marshall Bank. [01]
The implied value of the aggregate merger consideration was $253 million, based on JMSB’s closing stock price on Sept. 4, 2026. [01]
The source
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JMSB and EFSI agree to merge in bank combination
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Open the sourceTimeline
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Also stated
“The implied value of the aggregate merger consideration was $253 million, based on JMSB’s closing stock price on Sept. 4, 2026”
Open the source
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