Mississippi-based First Bancshares has agreed to acquire rival American bank holding company Heritage Southeast Bancorporation in an all-stock deal worth around $207 million. First Bancshares is the parent company of The First Bank, while Heritage Southeast Bancorporation owns the Heritage Southeast Bank, based in Jonesboro, Georgia. The deal is expected to deepen the footprint of […]
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 […]