One in six: How Rocket swallowed America's mortgage market
Rocket Companies→Mr. Cooper
Apr 15, 2026

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DMG Bancshares has acquired Liberty Bank, a banking business in California, for $442 million. Liberty Bank, N.A. provides commercial and consumer banking services in the CA market, supporting lending and deposit growth. DMG Bancshares acquisitions fit a strategic acquisition profile as a financial services M&A platform for expansion and technology-enabled operating improvements. The other acquisition is announced with deal size reported at $130 million, and it reflects strategic acquisition intent by a strategic buyer seeking to scale banking capabilities in California through financial services deals CA.
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