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Third Coast to acquire Oklahoma bank for $240 million

Original: Third Coast to buy Oklahoma bank for $240M The deal comes roughly a year after Houston-based Third Coast announced its $

Houston-based Third Coast Bancshares has agreed to buy an Oklahoma bank for $240 million. The deal comes roughly a year after Third Coast announced its $123 million purchase of Austin, Texas-based Keystone Bancshares, marking a continued expansion strategy for the Texas lender.

Why now: The announcement of another sizable bank acquisition by Third Coast highlights ongoing consolidation in the US regional banking sector.

Third Coast BancsharesKeystone BancsharesHoustonOklahoma

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Evidence

• Third Coast to buy Oklahoma bank for $240M The deal comes roughly a year after Houston-based Third Coast announced its $123 million purchase of Austin, Texas-based Keystone Bancshares. https://www. bankingdive.com/news/third-coa st-texas-buy-oklahoma-bank-240-million/832392/ #… · AlexJimenez@mas.to · 1

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