Dallas, January 8, 2026
National Bank Holdings Corporation has successfully completed the acquisition of Vista Bank, a Texas-based financial institution, in a deal valued at approximately $377 million. This strategic move will allow NBHC to strengthen its influence in markets such as Dallas-Fort Worth, Austin, and Palm Beach. The acquisition adds significant assets, highlighted by $2.5 billion in combined assets and the retention of the Vista Bank brand. The transition is set to ensure a seamless client experience as both institutions integrate their operations.
Dallas, Texas – National Bank Holdings Corporation Completes $377 Million Acquisition of Vista Bank
Denver-based National Bank Holdings Corporation (NBHC) has finalized its acquisition of Vista Bank, a Texas-based financial institution, in a transaction valued at approximately $377 million. This strategic move aims to enhance NBHC’s presence in key markets, including Dallas-Fort Worth, Austin, and Palm Beach.
Transaction Details
The merger agreement, initially announced in September 2025, received all necessary regulatory approvals by December 2025. The acquisition was completed on January 7, 2026. Under the terms of the deal, Vista Bank shareholders received a combination of cash and NBHC common stock. Specifically, each share of Vista Bank was converted into the right to receive 3.1161 shares of NBHC Class A common stock and $31.62 in cash, subject to certain adjustments. As a result, Vista Bank shareholders now own approximately 16% of NBHC on a fully diluted basis. The total transaction value, based on NBHC’s closing price on January 6, 2026, is approximately $377.4 million.
Strategic Implications
This acquisition significantly expands NBHC’s footprint, adding approximately $2.5 billion in assets, including $1.9 billion in loans and $2.2 billion in deposits, as of September 30, 2025. The combined entity now boasts approximately $12.6 billion in assets and $10.7 billion in deposits. Vista Bank operates in Dallas-Fort Worth, Austin, and Lubbock, Texas, as well as Palm Beach, Florida. NBHC plans to retain the Vista Bank brand in Texas and incorporate it across the combined enterprise over time.
Background
Vista Bank, founded in 1912, has a longstanding history in Texas, offering a range of financial services to its clients. The merger with NBHC is expected to leverage Vista Bank’s strong leadership and community ties, combined with NBHC’s robust financial position, to offer enhanced banking services to clients across the expanded footprint.
Integration Plans
Both organizations have been actively engaged in integration planning since the announcement of the transaction. The systems conversion is scheduled for the third quarter of 2026, ensuring a seamless transition for clients and employees.
About National Bank Holdings Corporation
National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise, delivering high-quality client service and committed to stakeholder results. Through its bank subsidiaries, NBH Bank and Bank of Jackson Hole Trust, National Bank Holdings Corporation operates a network of over 90 banking centers, serving individual consumers, small, medium, and large businesses, and government and non-profit entities. Its banking centers are located in its core footprint of Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New Mexico, and Idaho.
About Vista Bank
Vista Bank is a full-service commercial bank with operations in Dallas-Fort Worth, Austin, and Lubbock, Texas, as well as Palm Beach, Florida. Founded in 1912, Vista Bank offers a range of financial services to its clients, including personal and business banking solutions.
Frequently Asked Questions (FAQ)
What is the value of the acquisition?
The acquisition is valued at approximately $377 million, based on NBHC’s closing price on January 6, 2026.
When was the acquisition completed?
The acquisition was completed on January 7, 2026.
What are the key markets involved in this acquisition?
The acquisition enhances NBHC’s presence in Dallas-Fort Worth, Austin, and Palm Beach.
What is the combined asset size after the acquisition?
The combined entity now has approximately $12.6 billion in assets and $10.7 billion in deposits.
Will Vista Bank retain its brand?
NBHC plans to retain the Vista Bank brand in Texas and incorporate it across the combined enterprise over time.
When is the systems conversion scheduled?
The systems conversion is scheduled for the third quarter of 2026.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Transaction Value | Approximately $377 million, based on NBHC’s closing price on January 6, 2026. |
| Completion Date | January 7, 2026. |
| Combined Assets | Approximately $12.6 billion in assets and $10.7 billion in deposits. |
| Key Markets | Dallas-Fort Worth, Austin, and Palm Beach. |
| Brand Retention | Vista Bank brand retained in Texas and incorporated across the combined enterprise over time. |
| Systems Conversion | Scheduled for the third quarter of 2026. |
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Author: STAFF HERE DALLAS WRITER
The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
