Wisconsin Bank Buys Omaha-Based American National

Associated Bank of Green Bay, Wis., will acquire Omaha-based American National Bank in an all-stock deal valued at $604 million. American National shareholders will receive 36.25 shares of Associated Bank stock for every one share of American National they own. The deal is expected to close in the second quarter of 2026. American National currently has $5.3 billion in assets and 33 branches in Nebraska, Iowa and Minnesota. After the merger, Associated Bank will have $50 billion in assets and 217 branches in five states.