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acquisitionAnnounced · Feb 9, 2026BankingSource · CredibleArticle · Factual
Towne Bank acquires Dogwood State Bank
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$476.2M
Target
Dogwood State Bank
Acquirer
Towne Bank
Full Acquisition
Status
Pending
Towne Bank agreed to acquire Dogwood State Bank. Reported deal value: $476.2M. Status: Pending. Sector: Banking. Target headquarters context: Location not specified.
This page summarizes publicly available information about the transaction as of 2026-02-09. Figures and status may change as filings and press coverage update.
Hampton Roads-based TowneBank has acquired Raleigh, North Carolina-based Dogwood State Bank
Deal timeline
Announced
Feb 9, 2026 · dailypress.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Banking with a reported deal value of $476.2M. Figures and status may change as sources update.
Sources: dailypress.com · Primary article · FireStrike proprietary index