Peoples Financial Services Corp. (Nasdaq: PFIS) and FNCB Bancorp, Inc. (“FNCB”) (Nasdaq: FNCB) have received all necessary regulatory approvals to finalize their merger, previously outlined in their Agreement and Plan of Merger dated September 27, 2023. The all-stock transaction, valued at approximately $129.0 million, is slated for completion on July 1, 2024, and marks a […]
SouthState Corporation (NYSE: SSB) has entered into a definitive agreement to acquire Independent Bank Group, Inc. (NASDAQ: IBTX), based in McKinney, Texas, in an all-stock transaction valued at approximately $2 billion. This strategic move will significantly expand SouthState’s market presence, combining with Independent Bank Group’s substantial operations in key Texan markets and the Colorado Front […]
In a significant development in the banking sector, Prosperity Bancshares, Inc. (NYSE: PB), the esteemed parent company of Prosperity Bank, announced the successful completion of its merger with Lone Star State Bancshares, Inc. This strategic move, effective as of April 1, 2024, has led to the amalgamation of Lone Star State Bank of West Texas […]