Ark Valley Bankshares, Inc., the holding company of The State Bank, and Pueblo Bancorporation, the holding company of The Pueblo Bank and Trust Company (“PB&T Bank”), jointly announced the signing of a definitive agreement whereby Pueblo Bancorporation will acquire Ark Valley Bankshares, Inc.
Olsen Palmer LLC served as financial advisor to Ark Valley Bankshares, Inc.
The transaction has been approved by the board of directors of each company and is expected to close in the first quarter of 2026, subject to customary closing conditions including shareholder and regulatory approvals.
Olsen Palmer remains a top 3 overall bank M&A advisor nationwide based on the number of transactions advised upon since 2020, according to S&P Global.