Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1 billion merger deal
Berkshire Hills Bancorp and Brookline Bancorp have agreed to merge in an all-stock deal valued at about $1.1 billion, the regional lenders said on Monday, in yet another sign of increasing consolidation within the industry.
Brookline Stock Rises After WSJ Reports Merger Talks With Berkshire Hills
Brookline Bancorp stock rose premarket after The Wall Street Journal reported it was in talks to combine with Berkshire Hills Bancorp, another Boston-based regional bank.
Berkshire Bank, Brookline Bank parent companies to merge in $1.1 billion all-stock transaction
Berkshire Hills Bancorp and Brookline Bancorp — will create an institution with approximately $24 billion in assets, $18 billion in total deposits,
Berkshire Bank parent plans to buy Brookline Bank, affiliates in $1.1B deal
Two Massachusetts financial institutions and their parent companies, Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc., announced a deal Monday in which Berkshire would acquire Brookline for $1.
Brookline Bancorp To Merge With And Into Berkshire Hills In $1.1 Bln All-stock Deal
Berkshire Hills Bancorp, Inc. (BHLB), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (BRKL), the parent company of
Boston banks Berkshire, Brookline to merge in $1.1 billion deal
The combination would create a Northeast regional bank with nearly $24 billion of assets. It would rank as the eight-largest bank in the Boston metropolitan area by deposit market share.
Berkshire Hills, Brookline announce an all-stock merger deal
Bank holding companies Berkshire Hills Bancorp (NYSE:BHLB) and Brookline Bancorp (NASDAQ:BRKL) announced on Monday an all-stock merger transaction, valued at ~$1.1B. BHLB shares were trading +0.66% pre-market at $30.
Berkshire-Brookline banks announce a marriage valued at $1.1 billion
Boston’s bank merger mania continued on Monday with the parent companies of Berkshire Bank and Brookline Bank, which combined ...
What's The Outlook For U.S. Bancorp Stock?
U.S. Bancorp’s stock (NYSE: USB) has risen by about 23% year-to-date. This is below the S&P 500 which gained about 28% over ...
One of Philadelphia region's largest SBA lenders making $1.1B acquisition
Berkshire Hills Bancorp, one of the Philadelphia region's largest Small Business Administration lenders, has agreed to ...
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Boston-Based Regional Banks Announce Merger
Boston-based regional bank companies Berkshire Hills Bancorp and Brookline Bancorp announced plans to combine in an all-stock merger of equals, confirming an earlier Wall Street Journal report.
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Strength Seen in FinWise Bancorp (FINW): Can Its 5.0% Jump Turn into More Strength?
FinWise Bancorp (FINW) shares ended the last trading session 5% higher at $19.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...
Customers Bancorp: The Series E Preferred Is Now The Best Income Option
Customers Bancorp's Series E preferred shares offer high yield and tax advantages. Learn more about CUBI stock and its ...
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Associated Bank Appoints Zandpour to Executive Team in EVP Position
Associated Bancorp appointed Steven Zandpour as executive vice president, deputy head of consumer and business banking, ...
Fueled by Norcross investment, Mid Penn Bank eyes major growth in Philadelphia market
After an investment group led by the Norcross family invested $25 million, a central Pennsylvania bank is looking to nearly ...
First Bancorp: Not Cheap But An Exceptionally Robust Loan Book
First Bancorp stock isn't cheap. Read why the strong loan book performance with a low default rate justifies a premium ...