National Bank Holdings to Buy Dallas-Based Vista Bancshares (1)

National Bank Holdings Corp. agreed to acquire Dallas-based Vista Bancshares Inc. in a $369 million deal as it expands its footprint in Texas.

Vista shareholders will receive about $84.8 million of cash and roughly 7.4 million shares of National Bank’s common stock, subject to potential adjustments, the companies said Monday in a statement. The deal is expected to be completed in the first quarter of 2026, pending regulatory approval.

The transaction will create a regional bank with $12.4 billion of assets, with about 100 locations in Texas, Florida, Colorado, Utah, Wyoming, New Mexico, Missouri, Kansas and Idaho. The company’s ...