10.24.25

Third Coast’s $123M Deal Extends Texas M&A Hot Streak

by: Dan Ennis

Houston-based Third Coast Bancshares will acquire Austin’s Keystone Bank in a $123 million deal expected to close in early 2026, creating a bank with over $6 billion in assets. The merger expands Third Coast’s footprint in Texas, adding Keystone’s two Austin branches, a Bastrop loan office and a Ballinger branch. Executives from both banks said the combination aligns their shared focus on innovation, customer service and community banking. The deal continues Texas’ surge in bank mergers, following large transactions such as Fifth Third’s proposed $10.9 billion acquisition of Comerica and Huntington’s $1.9 billion purchase of Dallas-based Veritex Holdings.

Read the full article on Banking Dive