WesBanco and Premier Financial shock market with $959m merger deal

WesBanco and Premier Financial shock market with $959m merger deal

WesBanco, Inc. and Premier Financial Corp. have unveiled a high-stakes merger deal, set to significantly alter the regional banking landscape. The agreement, revealed by WesBanco President and Chief Executive Officer Jeff Jackson and Premier President and Chief Executive Officer Gary Small, outlines the merger of Premier into WesBanco. This all-stock transaction is valued at approximately […]

Seacoast Banking acquires Apollo Bank and Drummond Community Bank

Seacoast Banking acquires Apollo Bank and Drummond Community Bank

Seacoast Banking Corporation of Florida has completed the $304 million acquisition of the parent companies of Apollo Bank and Drummond Community Bank. The transaction, which is effective from 7 October 2022, includes the acquisition of the banks’ respective parent companies Apollo Bancshares and Drummond Banking Company. Apollo Bancshares’ shareholders were given 1.006529 shares of Seacoast […]