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acquisitionAnnounced · Jan 5, 2026BankingSource · CredibleArticle · Factual
Progressive Bank
b1BANK
Progressive Bank · b1BANK

b1BANK acquires Progressive Bank

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$8.7B
Target
Progressive Bank
Progressive Bank
Monroe, Louisiana
Acquirer
b1BANK
b1BANK
Full Acquisition
Status
Completed

b1BANK agreed to acquire Progressive Bank. Reported deal value: $8.7B. Status: Completed. Sector: Banking. Target headquarters context: Monroe, Louisiana, United States.

This page summarizes publicly available information about the transaction as of 2026-01-05. Figures and status may change as filings and press coverage update.

b1 Bank closes its acquisition of Progressive Bank Monday, January 5, 2026 b1 Bank closes its acquisition of Progressive Bank By Business First Bancshares , the holding company for b1 Bank , has completed its acquisition of Progressive Bancorp Inc. and its wholly owned subsidiary, Progressive Bank , expanding the Baton Rouge -based company footprint across north Louisiana

Deal timeline

Announced
Jan 5, 2026 · businessreport.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 $8.7B. Figures and status may change as sources update.

Sources: businessreport.com · Primary article · FireStrike proprietary index