Home Bancshares, Inc. (NYSE: HOMB) announced today that it will acquire Mountain Commerce Bancorp, Inc. (OTCQX: MCBI) in an all‑stock merger, with Home Bancshares as the surviving entity.
The transaction values Mountain Commerce at approximately $150.1 million, based on a per‑share implied consideration of $23.51 derived from Home Bancshares’ recent trading price. Mountain Commerce shareholders will receive 0.850 shares of Home Bancshares for each share of Mountain Commerce common stock they own, and will begin receiving Home Bancshares’ quarterly dividends after closing.
The merger will expand Home Bancshares’ footprint into the Knoxville, Nashville, and Johnson City metropolitan areas, adding roughly $25 billion in assets, $17 billion in loans and $19 billion in deposits to the combined balance sheet. The deal is expected to close in the first half of 2026, subject to regulatory and shareholder approvals.
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