According to Reuters, FCB Financial Holdings (FCB) seeking strategic alternatives

  • April 16, 2018


StockFCB Financial Holdings, Inc.SymbolFCB
Date Announced04/13/2018Source Reuters
TypeNews Report
Date of Confirmation: 07/24/2018Price at Confirmation: $52.25
Potential Profit: -7.11%Annualized Profit: -25.45%

FCB Financial Holdings Inc (FCB), owner of Florida Community Bank, is exploring a sale, people familiar with the matter said on Friday, as an easing of financial rules unleashes pent-up demand for deals among mid-sized U.S. banks.


July 24, 2018: Synovus Financial Corp. (SNV) and FCB Financial Holdings, Inc. (FCB) today jointly announced their entry into a definitive merger agreement under which Synovus will acquire FCB Financial Holdings, Inc., (FCB) owner of Florida Community Bank (FCB), Florida’s largest community bank. With the addition of FCB, Synovus (SNV) will become a top five regional bank by deposits in the Southeast region with pro forma $36 billion in deposits and $44 billion in assets.

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