TriCo Bancshares /
Valley Republic Bancorp
TriCo Bancshares completes merger with Valley Republic Bancorp
- Valuation
- $173.7m
- Stage
- Closed
What happened
TriCo Bancshares completed its merger with Valley Republic Bancorp on March 25, 2022. Former Valley shareholders will own approximately 12% of TriCo’s outstanding common stock immediately following the merger.
The merger consideration was valued at $173.7 million in the aggregate, excluding amounts paid for canceled stock options. Valley Republic Bank also merged with Tri Counties Bank.
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TriCo Bancshares completes merger with Valley Republic Bancorp
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Closed
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