Field & Main Bancorp Acquired by Stock Yards Bancorp | Financial Services M&A Deal

Stock Yards Bancorp has agreed to acquire Field & Main Bancorp, a banking business in Kentucky, for about $36.6 million. Field & Main Bancorp operates community banking services that complement Stock Yards Bank & Trust’s presence across Louisville and the broader Kentucky market. Stock Yards Bancorp acquisitions in financial services M&A focus on expanding loan growth, non-interest income, and wealth management and trust capabilities in KY acquisitions. The merger acquisition is a strategic acquisition by a strategic buyer, fitting a strategic acquisition and banking acquisition strategy for financial services deals KY, with the announced deal status and a definitive agreement expected to close after regulatory approvals.