Peoples Financial Services and FNCB Bancorp set to wrap up merger deal

Peoples Financial Services and FNCB Bancorp set to wrap up merger deal

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 […]

Peoples Financial Services and FNCB Bancorp shareholders approve merger

Peoples Financial Services and FNCB Bancorp shareholders approve merger

In a landmark decision, shareholders of Peoples Financial Services Corp. (“Peoples”) (Nasdaq: PFIS) and FNCB Bancorp, Inc. (“FNCB”) (Nasdaq: FNCB) have given their nod to the proposed merger, a strategic move that promises to reshape the regional banking landscape. The approval, granted at special meetings of their respective shareholders, paves the way for FNCB to […]