Compass Bancshares, applying its formula of building through acquisition in fast-growing markets, is pushing further into Denver.

The Birmingham, Ala., company on Tuesday announced an agreement to buy Firstier Corp. for $127 million in stock. The deal is the latest in a series strung together by Compass over the last two years to magnify its presence in metropolitan areas in Colorado, Arizona, and New Mexico.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.