BANCPLUS CORP 8-K

What Happened

• BancPlus Corporation filed a Form 8-K (Item 7.01, Regulation FD Disclosure) on February 19, 2026, reporting that an independent third‑party appraiser valued the Company’s common stock (par value $1.00) for ESOP purposes at $76.00 per share as of December 31, 2025. The appraisal was obtained solely for administration of the BancPlus Corporation Employee Stock Ownership Plan (the “Plan”).

Key Details

• Appraised value: $76.00 per share as of December 31, 2025.
• Purpose: Valuation was performed solely for the Plan’s administration and is subject to limitations, qualifications and assumptions.
• Disclosure limits: The Company notes the appraised value “may not reflect the fair value” of the stock and that neither the Company nor the Plan is obligated to obtain or disclose future appraisals.
• Filing information: Form 8‑K signed by Karlen Turbeville, Senior EVP & Chief Financial Officer, dated February 19, 2026.

Why It Matters

• For ESOP participants and plan administrators, this appraisal establishes the valuation basis used for Plan transactions and recordkeeping as of year‑end 2025.
• For public/investor use, the Company warns this number is for Plan administration only and should not be treated as a market or fair value—investors should not rely on it as a standalone measure of the Company’s market value.