Banks

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BNC Bancorp completes merger with Valley Financial Corp

8:45am EDT

BNC Bancorp:Says the completion of its merger with Valley Financial Corp.Womble Carlyle Sandridge & Rice, LLP provided legal counsel to BNC, while Banks Street Partners, LLC served as financial advisor to BNC. Sandler O'Neill + Partners, LP served as financial advisor to Valley, while Williams Mullen provided legal counsel to Valley.

Veritex Holdings Inc completes acquisition of IBT Bancorp Inc

8:30am EDT

Veritex Holdings Inc:Says completion of acquisition of IBT Bancorp, Inc. ("IBT") effective July 1.IBT was parent holding company of Independent Bank of Texas (Independent Bank), Texas state chartered full service commercial bank with total assets of $121 million, total loans of $99 mln, and total deposits of $104 mln at March 31.Independent Bank operates two banking locations in Dallas metropolitan area.

Horizon Bancorp announces closing of Peoples Bancorp Merger

8:00am EDT

Horizon Bancorp:Completion of the acquisition of Peoples Bancorp and its wholly-owned subsidiary, Peoples Federal Savings Bank of DeKalb County, effective July 1.Peoples was merged into Horizon and simultaneously Peoples Federal merged into Horizon Bank.As previously announced, the bank resulting from the merger will operate under the name Horizon Bank.Under the terms of the merger agreement, Peoples' shareholders owning 100 or more shares will receive .95 shares of Horizon common stock and $9.75 in cash for each share of Peoples common stock they own.Shareholders owning fewer than 100 shares of Peoples common stock will receive $33.14 per share in cash and will not be entitled to receive any shares of Horizon common stock.

Bankia and FCC agree to sell Globalvia Infraestructuras to Khazanah Nasional Berhad

2:43am EDT

Bankia SA:Bankia and FCC agree to sell 100 percent stake in Globalvia Infraestructuras to Khazanah Nasional Berhad.The price of the operation is structured in an initial payment of 166 million euros and a deferred payment of up to 254 million euros in 2017.

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Sector Summary

Analyst Research

Report Title Price
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Swiss Capital
$92.00

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