The First Bancshares said that it has secured all the necessary regulatory approvals for closing the previously announced $116.7 million acquisition of Beach Bancorp, the holding company for Florida-based Beach Bank. According to the Mississippi-based holding company, the all-stock deal is expected to close on 1 August 2022. It will be contingent on customary closing […]
First Bancshares, the Mississippi-based holding company for The First Bank, has agreed to acquire Beach Bancorp (BBI), the parent company of Florida-based Beach Bank in an all-stock deal worth around $116.7 million. The deal is expected to expand the footprint of The First Bank in the Florida panhandle. It will also enable an entry into […]
First Bancshares acquisition of First Florida Bancorp : As per the latest Bank acquisition news, The First Bancshares, the holding company for The First, A National Banking Association has agreed to acquire First Florida Bancorp (FFB), the parent company of First Florida Bank in a cash-cum-stock deal worth around $85 million. As per the terms […]