New activity is brewing for IF Bancorp ( (IROQ) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.
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On October 29, 2025, IF Bancorp, Inc. entered into a merger agreement under which it will be acquired by ServBanc Holdco, Inc., with a multi-step transaction that includes merging IF Bancorp into a newly formed ServBanc subsidiary, then into ServBanc itself, and combining its banking unit, Iroquois Federal Savings and Loan Association, with Servbank, National Association. If completed, IF Bancorp shareholders will receive $27.20 in cash per share, will cease to have any ownership interest in the company, and the combined organization will be subject to customary closing conditions, including approval by holders of a majority of IF Bancorp’s outstanding common stock and required banking regulatory approvals. IF Bancorp has called a special shareholder meeting for February 3, 2026, to vote on approving the merger agreement, a non-binding advisory vote on compensation for named executive officers tied to the transaction, and a proposal to allow adjournment or postponement of the meeting to solicit additional proxies, with the board unanimously recommending support for all three proposals, underscoring its commitment to closing the deal and the importance of shareholder participation, as failure to vote will count as opposition to the merger.
The most recent analyst rating on (IROQ) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on IF Bancorp stock, see the IROQ Stock Forecast page.
Spark’s Take on IROQ Stock
According to Spark, TipRanks’ AI Analyst, IROQ is a Neutral.
The overall score reflects strong revenue growth and efficient cost management, but significant cash flow challenges and moderate valuation. Technical indicators show a positive trend, supporting the stock’s current momentum.
To see Spark’s full report on IROQ stock, click here.
More about IF Bancorp
IF Bancorp, Inc., based in Watseka, Illinois, is a Maryland-incorporated savings and loan holding company under the Home Owners’ Loan Act of 1933 and the parent of Iroquois Federal Savings and Loan Association. Through its federal savings and loan subsidiary, the company operates in retail and community banking, providing deposit and lending services to customers in its regional market.
Average Trading Volume: 5,689
Technical Sentiment Signal: Buy
Current Market Cap: $89.49M
For an in-depth examination of IROQ stock, go to TipRanks’ Overview page.