FIG Partners Advised Business Bancshares, Inc. In Acquisition By Stifel Financial Corp.

FIG Has Now Completed 100 M&A Transactions Totaling More Than
$4.5 Billion In Transaction Value To Date

ATLANTA, May 11, 2018 — Stifel Financial Corp. (NYSE:SF) has announced an agreement to acquire Business Bancshares, Inc. and its subsidiary, The Business Bank of St. Louis.

FIG Advised Business Bancshares In AcquisitionTerms of the transaction were not disclosed. Business Bancshares, Inc. has on a consolidated basis with its subsidiaries, approximately $620 million in total assets. That includes $516 million of loans, $536 million of total deposits, and $70 million of tangible equity as of March 31, 2018. The transaction is expected to close in the fourth quarter of 2018.

FIG provided a fairness opinion to Business Bancshares, Inc. The transaction was led by Matthew Veneri, Managing Principal and Co-Head of Investment Banking.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

FIG Served As Lead Book-Running Manager In $72.1 Million IPO For BayCom CorpFIG Advised State Bank Financial Corporation In $1.4 Billion Merger