First Bancshares to Buy Beach Bank for $117M
The acquisition is a move to strengthen First Bancshares’ presence in the Florida panhandle region
The acquisition is a move to strengthen First Bancshares’ presence in the Florida panhandle region
The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Ruling will block credit unions and other non-bank entities from banking M&A
Trustmark is set to sell assets for an undisclosed sum in the second quarter of this year
Horizon Bancorp acquisition will add $539.5 million in assets to Arizona Federal’s balance sheet
The companies will operate under their respective brands until March 28, while Commonwealth clients will not see ‘any immediate changes’