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Peoples Bancorp Inc. Agrees To Acquire Ohio Commerce Bank

8:52am EDT

Peoples Bancorp Inc. announced that on July 1, 2013, Peoples Bank signed a definitive agreement to acquire all of the outstanding common stock of Ohio Commerce Bank (Ohio Commerce), which operates a single branch in the attractive banking market of Beachwood, Ohio. Under the terms of the agreement, Peoples Bank has agreed to pay $13.75 in cash for each share of Ohio Commerce common stock for a total cash consideration of approximately $16.5 million. Peoples expects this acquisition to be accretive to its 2014 earnings per share.

Umpqua Holdings Corp's Umpqua Bank And Umpqua Investments, Inc Completes Acquisition Of Financial Pacific Holding Corp

8:00am EDT

Umpqua Holdings Corp, parent company of Umpqua Bank and Umpqua Investments, Inc., announced that it has completed its acquisition of Financial Pacific Holding Corp. (FinPac), the parent company of Financial Pacific Leasing, LLC, on July 1, 2013. The Federal Way, Washington-based company, which provides leases and loans for business-essential commercial equipment, will now operate as a subsidiary of Umpqua Bank under the leadership of Cort O`Haver, executive vice president of commercial banking.

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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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