Banking & Savings M&A » By The Online Investor Staff, updated Thu., Apr. 18, 3:09 PM
Recent mergers and acquisitions in the Banking & Savings M&A category.
Slide #55. First Bank — Heritage Community Bank
Acquirer: |
First Bank (NASDAQ:FRBA) |
Acquiree: |
Heritage Community Bank |
Details: |
First Bank (NASDAQ: FRBA) announced today that it had completed its previously announced merger with Heritage Community Bank effective as of the close of business on March 7, 2014. Shareholders of both banks approved the merger at special meetings held on March 5, 2014. As a result of the merger, First Bank will operate 8 branches in four New Jersey counties, including the 3 former Heritage Community Bank branches in Morris County. |
First Bank is a commercial bank. Co. provides a range of lending, deposit and other financial products and services. Co. provides a set of lending products to meet the needs of its customers located within its market areas, including commercial and industrial loans, commercial real estate loans, residential real estate loans and consumer and other loans. Co. provides a selection of deposit instruments, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts and certificates of deposit. In addition, Co. provides commercial checking accounts and cash management services designed for the businesses operating in its market areas.
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Company Name: |
First Bank (Williamstown, NJ) |
Stock buyback: |
FRBA buyback |
Website: |
www.firstbanknj.com |
Sector: |
Banking & Savings |
Number of ETFs Holding FRBA: |
17 |
Total Market Value Held by ETFs: |
$24.65M |
Total Market Capitalization: |
$96.00M |
% of Market Cap. Held by ETFs: |
25.68% |
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April 18, 2024 3:09 PM Eastern
Strong Buy (4.00 out of 4)
100th percentile
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