05:44 PM EDT, 09/15/2025 (MT Newswires) -- National Bank Holdings ( NBHC ) said Monday it agreed to acquire Vista Bancshares, the parent of Vista Bank, in a cash-and-stock deal valued at about $369 million.

Vista Bank has $2.4 billion in assets and $2.1 billion in deposits, and the merger will create a combined company with $12.4 billion in assets and $10.4 billion in deposits.

Under the terms, Vista shareholders will receive about $84.8 million in cash plus roughly 7.4 million National Bank ( NBHC ) shares.

The boards of both companies have approved the deal, which is projected to boost National Bank's ( NBHC ) earnings by 17% with book value recovery in about three years, and is expected to close in Q1 2026.