NBT Bancorp to acquire Nasdaq-listed rival Salisbury Bancorp for $204m

NBT Bancorp to acquire Nasdaq-listed rival Salisbury Bancorp for $204m

NBT Bancorp has agreed to acquire rival Nasdaq-listed rival bank holding company Salisbury Bancorp in an all-stock deal worth around $204 million. Salisbury Bancorp is a Connecticut-based community bank franchise, which had $1.51 billion in assets, $1.33 billion in deposits, and $1.18 billion in net loans as of 30 September 2022. Its main subsidiary is […]