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Ready Capital and United Development Funding IV Announce Definitive Agreement for Ready Capital to Acquire United Development Funding IV

Benzinga

Adds scale and extends Ready Capital's core platform with UDF IV's proven land development lending platform Diversifies Ready Capital's portfolio and offers land development solution to borrowers and investors Expected to be accretive to Ready Capital's earnings and book value in 2025 UDF IV shareholders may receive up to $5.89

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ConnectOne Bancorp, Inc. to Expand on Long Island Through Merger with The First of Long Island Corporation

Benzinga

Tangible book value per share dilution is projected at 12%, with an earnback period of approximately 2.9 ConnectOne projects to deliver a return on average tangible common equity of approximately 14% and an efficiency ratio of approximately 45% in 2025, Full story available on Benzinga.com

Banking 45
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United Community Banks, Inc. and ANB Holdings, Inc., the Parent of American National Bank, Announce Merger Agreement

Benzinga

Additionally, the estimated transaction returns are consistent with United's stated acquisition criteria pertaining to tangible book value and targeted internal rates of return. The Merger Agreement was unanimously approved by the boards of directors of United and ANB.

Banking 45
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Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

Benzinga

Leadership Upon closing of the transaction, Marc McConnell, Chairman, President and CEO of IFH, will join the board of directors of Capital Bancorp, Inc. and Capital Bank.

Banking 40
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Equity Bancshares, Inc. Adds to Missouri Franchise, Will Acquire Bank of Kirksville

Benzinga

percent accretive, to earnings per share in 2025 and expects the tangible book value earn back to be approximately 1.3 Equity expects the merger to be $0.36, or 12 percent accretive, to diluted earnings per share in 2024, and $0.45, or 14.3

Banking 40
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Market Resilience or Investors In Denial? A Mid-year Assessment for 2023!

Musings on Markets

In 2022, old-time value investors felt vindicated, as the damage that year was inflicted on the highest growth companies, especially in technology. After the run up in stock prices in the first six months, stocks look fairly valued, given estimated earnings and cash flows, and assuming that long term rates have found their steady state.

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TAXES AND TERMS IN A BUSINESS SALE: PRE-SALE (Part 1 of 3)

IBG Business

This is especially important if your business’s current market value (we can help you with a reliable projection) is considerably higher than it was when you last updated your estate plan. If Congress does not act before the end of 2025, the estate tax exemption will drop from the current $13.6 This is a timely concern. Gray Dollars.