Tag: Banking acquisition news
NexTier to acquire Mars Bancorp to create $2.6bn Western PA community bank powerhouse
NexTier, Inc., the holding company of NexTier Bank, N.A., has agreed to acquire Mars Bancorp, Inc., the holding company of Mars Bank, in a significant ... Read More
Burke & Herbert, Summit Financial to merge in $371.5m all-stock deal
Burke & Herbert Financial Services Corp. ("Burke & Herbert") (Nasdaq: BHRB) and Summit Financial Group, Inc. ("Summit") (Nasdaq: SMMF) have made headlines by announcing a ... Read More
Savile Capital Group to acquire Farmers State Bankshares and Wyoming Bank & Trust
Wyoming-based Savile Capital Group has signed a stock purchase agreement with Farmers State Bankshares, Inc., the parent company of Wyoming Bank & Trust, for an ... Read More
California business banking to benefit from Banc of California, PacWest Bancorp merger
Banc of California, Inc. and PacWest Bancorp have entered into a definitive agreement to merge in an all-stock deal. Both boards unanimously approved the agreement, ... Read More
Oconee Federal Financial set to merge with Mutual Savings Bank in asset boost deal
Oconee Federal Financial Corp., the holding company for Oconee Federal Savings and Loan Association, and its subsidiary Oconee Federal, MHC, have announced an agreement to ... Read More
Republic Bancorp closes $51m acquisition of CBank and Commercial Industrial Finance
Republic Bancorp, the parent company of Republic Bank & Trust Company, has wrapped up the previously announced $51 million acquisition of CBank and its fully-owned ... Read More
United Community Banks completes acquisition of First Miami Bancorp
United Community Banks, Inc. (NASDAQ: UCBI), based in Blairsville, Georgia, has finalized its $115.9 million acquisition of the bank holding company, First Miami Bancorp, creating ... Read More
SVB Financial Group to sell SVB Securities to management-led group
SVB Financial Group is set to sell its investment banking business, SVB Securities, to a management team led by CEO and founder Jeff Leerink, and ... Read More
Mizuho Financial to acquire US-based M&A advisory firm Greenhill for $550m
Mizuho Financial Group (MHFG), one of the largest financial institutions in Japan, has reached an agreement to acquire Greenhill, an investment banking and merger and ... Read More
First Commonwealth Federal, Bellco Federal Credit Union to merge
Pennsylvania-based credit unions First Commonwealth Federal Credit Union (FCFCU) and Bellco Federal Credit Union have announced their intention to merge. The financial terms of the ... Read More