Business Moves: Buy of Fortegra Completed by Korean Insurer DB
DB Insurance→Fortegra Group
Jun 3, 2026
FNBO has acquired Blue Ridge Bancshares, a banking business in Missouri, for $850 million. Blue Ridge Bancshares is a community bank with eight additional locations in Jackson County in the Kansas City metro area, strengthening FNBO’s retail banking footprint. FNBO acquisitions in the region aim to expand deposit market share and deepen customer coverage across Missouri’s Kansas City market. The strategic acquisition is an add-on acquisition following FNBO’s prior Country Club Bank purchase, and FNBO expects regulatory approval by year-end. Blue Ridge Bancshares acquisition supports financial services M&A and MO acquisitions as part of FNBO’s broader strategic acquisition strategy.
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