Deal·Signal: Bullish (strong/10)

FS Bancorp Expands Portland Footprint Feb 27

1 sources

1 tier-3

Mar 4

FS Bancorp is acquiring Oregon-based Pacific West for $34.6M. The merger, closing in Q3, will create a $3.6B lender with 31 locations.

Key Takeaways

1FS Bancorp is significantly expanding its operational footprint through a $34.6 million merger with Pacific West.
2The combined entity will achieve substantial scale, boasting 31 locations and $3.6 billion in assets.
3The merger is scheduled to close in the third quarter, indicating a near-term consolidation in the regional banking sector.

CRE Taxonomy

Macro Themecapital-markets

ThemeFS Bancorp strengthens market position through strategic acquisition

MarketsPortland

Entity Map

Companies

FS BancorpPacific West

Locations

PortlandOregon

Coverage Timeline

First CoverageFeb 27, 2026, 5:32 PM

Peak CoverageFeb 28, 2026, 5:30 PM

Steady

Sources

1 tracked

End of Intelligence Report · 1 Sources Verified