Investor Relations

BAWAG Group & Peak Bancorp Announce Aquisition 

   On November 30, 2023, Peak Bancorp, the holding company for Idaho First Bank, announced the successful completion of the sale of 100% of the shares of Peak Bancorp to BAWAG Group, a banking group headquartered in Vienna, Austria.  In the all-cash transaction shareholders of Peak will receive $12.016 per share.  The current Idaho First Bank leadership team is excited about the future opportunities that lie ahead and will continue to lead the bank. 

If you are a shareholder of Peak Bancorp, in the next few days you will receive via mail, documents from Computershare Trust Company, who is the paying agent for the BAWAG transaction. Please complete and return the documents quickly to Computershare to allow the transfer of proceeds to occur as soon as possible. 

For Shares that you hold as the shareholder of record, either in physical certificate form or in balance form, you will need to communicate payment instructions and tax information to Computershare so that they can deliver the Per Share Merger Consideration accordingly. For any shares issued in physical certificate form, those certificates will also need to be submitted to Computershare. For any shares you hold through a broker, where your broker is the shareholder of record, your Per Share Merger Consideration will be paid according to the instructions coordinated by your broker. 

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