Benzinga

DECEMBER 6, 2023

(NYSE: EQBK ) ("Equity" or the "Company"), the Wichita-based holding company of Equity Bank, announced today its entry into a definitive merger agreement with Rockhold Bancorp ("Rockhold"), the parent company of the Bank of Kirksville in Kirksville, Missouri. million in cash to acquire Rockhold and Bank of Kirksville.

Banking 40

Banking Equity Book Value Marketability 40

Benzinga

MAY 4, 2022

May 04, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ: SBCF ), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Drummond Banking Company ("Drummond"), parent company of Drummond Community Bank based in Chiefland, FL.

Banking 40

Banking Book Value Marketability Technology 40

Benzinga

APRIL 18, 2022

DENVER, April 18, 2022 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC ) reported: . . . . . . . . . . . . markets is again demonstrated by the announcement of our intent to acquire Rock Canyon Bank," said Tim Laney, Chairman, President and CEO of National Bank Holdings Corporation. 18,352. . $.

Banking 40

Banking Book Value Equity Intangible Assets 40

Benzinga

JUNE 16, 2023

Customers Bancorp (NYSE: CUBI ) has acquired a $631 million venture banking loan portfolio from the FDIC at ~85% of book value. CUBI also hired 30 team members from the loan origination group to support the venture-backed growing industry from seed to late-stage. Full story available on Benzinga.com

Book Value 52

Book Value Banking Equity Marketability 52

Benzinga

AUGUST 18, 2022

OTCPK: FBVA), the parent company of Farmers Bank, Windsor, Virginia, today announced the signing of a definitive merger agreement pursuant to which Farmers Bankshares, Inc. and Farmers Bank, will merge with and into TowneBank. They share with Farmers Bank a commitment to philanthropy and community engagement. SUFFOLK, Va.

Banking 40

Banking Book Value Marketability 40

Benzinga

FEBRUARY 13, 2023

13, 2023 (GLOBE NEWSWIRE) -- United Community Banks, Inc. In addition to traditional banking services, FNBSM offers private banking, trust and wealth management services and has approximately $310 million in assets under management. GREENVILLE, S.C. and SOUTH MIAMI, Fla., NASDAQ: UCBI ) ("United") and First Miami Bancorp, Inc.

Banking 40

Banking Book Value Dividends Marketability 40

Benzinga

SEPTEMBER 28, 2022

Creates top-tier New Jersey / Tri-State area super-community bank with significant scale. Like-minded institutions that have shared visions, values, and a deep commitment to employees, customers and the community. NYSE: PFS ) ("Provident"), the parent company of Provident Bank, and Lakeland Bancorp, Inc. year earnback) or 4% (1.7

Banking 40

Banking Book Value Finance Marketability 40

Benzinga

SEPTEMBER 28, 2022

Creates top-tier New Jersey / Tri-State area super-community bank with significant scale. Like-minded institutions that have shared visions, values, and a deep commitment to employees, customers and the community. NYSE: PFS ) ("Provident"), the parent company of Provident Bank, and Lakeland Bancorp, Inc. year earnback) or 4% (1.7

Banking 40

Banking Book Value Finance Marketability 40

Benzinga

MAY 4, 2022

May 04, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. In addition to traditional banking products, Progress offers wealth management and private banking through Progress Financial Services, a division of Progress Bank, with approximately $1.2 GREENVILLE, S.C. and HUNTSVILLE, Ala., million, or $23.52

Banking 40

Banking Book Value Marketability 40

Equilest

NOVEMBER 1, 2022

Have you wondered What is the Adjusted Book Value Method? With our "What is the Adjusted Book Value Method?" Does anyone really know what Adjusted Book Value Method is? What is the Adjusted Book Value Method? The adjusted book value approach is a valuation approach based on the balance sheet.

Business Valuation 40

Business Valuation Book Value Fair Market Value Banking 40

Benzinga

NOVEMBER 13, 2022

Unlike so many comparable transactions, this transaction does not negatively affect our tangible book value and is accretive to forward-estimated earnings and capital. We want everyone at our respective banks to know how excited we are to grow our team and serve our customers and communities together.". It creates scale.

Banking 40

Banking Book Value 40

Benzinga

MARCH 4, 2024

Pathfinder") (NASDAQ: PBHC ) has announced the signing of a branch purchase and assumption agreement pursuant to which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank, located on 6611 Manlius Center Road. OSWEGO, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc.

Book Value 45

Book Value Banking Marketability 45

Benzinga

JULY 29, 2024

Upon completion of the transaction, Heartland's subsidiary bank, Heartland Bank, will be merged into German American's subsidiary bank, German American Bank, and operate under a co-branded name within the Ohio markets. With a $39.84 billion of total assets, $1.5 billion of total loans and $1.6

Banking 45

Banking Book Value Marketability 45

Benzinga

SEPTEMBER 5, 2024

Based on S&P Capital IQ Pro data as of June 30, 2023, First of Long Island is ranked #4 in Nassau County and #5 in Suffolk County in deposit market share among banks under $100 billion of assets. "We said Frank Sorrentino III, Chairman and Chief Executive Officer of ConnectOne Bank. ENGLEWOOD CLIFFS, N.J.,

Banking 45

Banking Book Value Marketability Market Capitalization 45

Benzinga

MARCH 26, 2024

The combined company will bring together two community banks with a deep commitment to the customers and communities they have each served since the early 1900s. The resulting company is expected to be the ninth largest Virginia community bank as ranked by deposits. First National and First Bank will. billion, with $1.5

Banking 52

Banking Book Value Marketability 52

Benzinga

MARCH 29, 2022

March 29, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast") (NASDAQ: SBCF ), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. Apollo"), parent company of Apollo Bank based in Miami, FL.

Banking 40

Banking Book Value Marketability 40

Benzinga

MARCH 28, 2024

At or immediately prior to the closing, IFH is expected to distribute its minority equity interest in Dogwood State Bank to IFH shareholders in the form of a dividend equal to approximately 0.469 shares of Dogwood State Bank for each share of IFH common stock, a value of $7.69/share and Capital Bank. and Capital Bank.

Banking 40

Banking Dividends Book Value Equity 40

Benzinga

MAY 26, 2022

billion Expected to be accretive to earnings per share in year one Earn back of tangible book value dilution in approximately three years. Middlefield", or the "Company") (NASDAQ: MBCN ), the bank holding company for The Middlefield Banking Company, and Liberty Bancshares, Inc. Zimmerly, Jr.,

Book Value 40

Book Value Banking Marketability 40

Reynolds Holding

MAY 11, 2023

Credit Suisse (CS) was sold to UBS on March 19, 2023, to avoid its further deterioration from long-lasting distress and widespread distrust, especially after the collapse of Silicon Valley Bank. According to the 2022 CS Annual Report , the book value per share was 11.45 Swiss francs (CHF) per share.

Banking 59

Banking Equity Book Value Treasury 59

Benzinga

AUGUST 23, 2022

Town and Country Bank is a community bank serving markets in Central Illinois and St. Town and Country Bank is a community bank serving markets in Central Illinois and St. Short tangible book value dilution earnback period of 2.0 Louis Metro East with a relationship-based approach. Transaction Information.

Banking 40

Banking Book Value Marketability 40

Benzinga

AUGUST 23, 2022

Town and Country Bank is a community bank serving markets in Central Illinois and St. Town and Country Bank is a community bank serving markets in Central Illinois and St. Short tangible book value dilution earnback period of 2.0 Louis Metro East with a relationship-based approach. Transaction Information.

Banking 40

Banking Book Value Marketability 40

Viking Mergers

MARCH 17, 2023

Offers on the business may come in lower than the actual value as the buyer (and their lender) tries to account for the discrepancy. Banks may only approve funds for the buyer at an amount lower than the actual price of the business. Valuing equipment so that you can secure a larger loan may have inflated the numbers.

Appraisal 130

Appraisal Start-ups Book Value Banking 130

Benzinga

OCTOBER 7, 2024

Additionally, Territorial shareholders will benefit from the considerable upside value of the stronger combined company as well as $10.5 million of incremental value from annual merger enabled cost savings and synergies, and Hope Bancorp's dividend, which is more than 1,000% higher than Territorial's standalone quarterly dividend.

Dividends 52

Dividends Banking Book Value Technology 52

Benzinga

JUNE 14, 2022

Based on FMAO's closing share price as of June 14, 2022 of $34.28, the implied aggregate acquisition value equals $27.0 Peoples expands F&M's community banking franchise into compelling Sidney, Ohio and surrounding markets in Shelby County. billion, total loans of $2.1 billion, and total assets of $2.8

Banking 40

Banking Book Value Equity Marketability 40

Brian DeChesare

SEPTEMBER 13, 2023

The company still pays interest on the full $1000 and must repay it upon maturity, but you can buy the issuance at a steep discount because there’s a significant chance of default (see: book value vs. market value vs. face value ). A sharply declining stock price does not necessarily mean a company is “distressed.”

Equity 103

Equity Banking EBITDA Start-ups 103

Benzinga

MARCH 21, 2023

Blackhawk is the parent company of Blackhawk Bank and is headquartered in Beloit, Wisconsin, operating 10 branches in Wisconsin and Illinois. Estimated tangible book value per share dilution to First Mid is expected to be earned back in 1.9 As of December 31, 2022, Blackhawk had approximately $1.32 billion in deposits.

Book Value 40

Book Value Banking Equity Marketability 40

Benzinga

APRIL 28, 2023

NASDAQ: MPB ) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2023 of $11.2 Book value per common share was $32.15 HARRISBURG, Pa.,

Dividends 40

Dividends Banking Book Value Equity 40

Brian DeChesare

JUNE 1, 2022

The power & utilities investment banking team has a reputation for being “boring.”. We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. ” Different banks classify their power & utilities groups differently.

Banking 98

Banking Equity Book Value Capital Structure 98

Benzinga

JULY 25, 2023

will merge into Pacific Western Bank. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. and BEVERLY HILLS, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc.

Equity 40

Equity Banking Book Value Treasury 40

Benzinga

APRIL 26, 2023

Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its first quarter ended March 31, 2023. stated, "Our financial results for the first quarter were impacted by the challenging banking and macro-economic environment. million, or 1.8%

Dividends 40

Dividends Banking Equity Book Value 40

Equilest

NOVEMBER 25, 2023

These interviews are not just a mere formality but a critical component of the hiring process in finance, investment banking, and consulting. How to Value a Bank? Emphasizing Unique Considerations: Valuing a bank requires a distinct approach due to the nature of its operations.

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

IBG Business

SEPTEMBER 11, 2024

To show your company’s true earnings and book value, we will faithfully recast your financial statements, with an emphasis on removing personal and other non-business expenses that a buyer would not incur.

Start-ups 52

Start-ups EBITDA Equity Price to Earnings 52

Class VI Partner

JULY 28, 2021

Adjusted Net Book Value Adjusted Net Book Value is the Book Value of a business that has been adjusted to reflect the current market value of the assets and liabilities of a company. In this case, an adjustment to the value of these assets is required to determine Adjusted Net Book Value.

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Farrel Fritz

FEBRUARY 14, 2022

Though Ho-Walker had an impressive pedigree – a degree in finance and economics from the Stern School of Business at New York University and 15 years of experience in investment banking and private equity – he was not an accredited business appraiser, nor an expert.

Book Value 59

Book Value Appraisal Business Valuation Fair Market Value 59

ABI

JANUARY 19, 2024

20] Regarding fair price, the Second Circuit found Tilton’s valuation method of NewCo neglected the “highest value reasonably available under the circumstances.” [21] Bank of Md. ( Third Nat’l Bank ( In re Sherman), 67 F.3d .— engaged in an actual fraudulent transfer and breached her fiduciary duties under Delaware law. [3]

Book Value 40

Book Value Liquidation Value Banking 40

Benzinga

JULY 26, 2023

Financial Highlights of the Transaction The total estimated consideration of $395 million: i) represents less than 2.75x of expected EBITDA in 2024, ii) is estimated to be less than the book value of MacKellar's assets and iii) is expected to be over 50% accretive based on incremental earnings per share.

EBIT 40

EBIT Debt Financing Book Value Finance 40

Valutico

MAY 6, 2024

Market-based methods like Comparable Companies Analysis and Precedent Transactions Analysis offer relative measures of value based on market data. Income-based methods such as Discounted Cash Flow analysis focus on future cash flows to determine value. For more insights, do have a look at our article on market multiple based valuation.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52