AcquisitionsJul 7, 2026, 04:04 PM
Business First Bancshares Acquires American Planning Corp
AI Summary
Business First Bancshares, Inc. announced the acquisition of American Planning Corporation, a financial consulting firm specializing in community banks. This strategic move will integrate American Planning's CEO, T. Jefferson Fair, and his team into Smith Shellnut Wilson, LLC (SSW), a b1BANK subsidiary. The acquisition significantly expands SSW's advisory platform, adding comprehensive strategic services like outsourced CFO, financial modeling, and capital planning, enhancing offerings for clients nationwide. Business First Bancshares reported $8.9 billion in assets as of March 31, 2026.
Key Highlights
- Business First Bancshares acquired American Planning Corporation.
- American Planning CEO T. Jefferson Fair and team join Smith Shellnut Wilson (SSW).
- Acquisition expands SSW's advisory platform with new services.
- American Planning brings over 50 years of financial consulting experience.
- Business First Bancshares had $8.9 billion in assets as of March 31, 2026.
- SSW manages $5.7 billion in assets, excluding $1.0 billion of b1BANK assets.
Price Impact
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