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

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

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

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

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 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 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

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

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

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

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

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

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

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

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

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

JUNE 12, 2023

Balance Sheet and Liquidity Strengthening: The Acquisitions are expected to deleverage and strengthen Northview's balance sheet, with debt to gross book value expected to decrease by approximately 500 basis points. The weighted average maturity of the REIT's mortgages is expected to increase from 2.6 years to 3.0 years to 3.0

Book Value 40

Book Value Marketability Fair Market Value Banking 40

Musings on Markets

FEBRUARY 27, 2023

Note that this framework applies for all businesses, from the smallest, privately owned businesses, where debt takes the form of bank loans and even credit card borrowing and equity is owner savings, the largest publicly traded companies, where debt can be in the form of corporate bonds and equity is shares held by public market investors.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Chris Mercer

AUGUST 1, 2022

At least ten of the transactions involved banks, insurance companies, or other financial entities, which are very unlike the remainder of the companies in the non-dividend paying portion of the database. The differing natures of the two groups of transactions can be seen when looking at the price/book value multiples.

Dividends 52

Dividends Appraisal Marketability Start-ups 52

Musings on Markets

JANUARY 31, 2024

Most financial service firms have no revenues, though they have their analogs - loans for banks, insurance premiums for insurance companies etc. That said, global (US) companies collectively generated $5.3 trillion ($1.8

Equity 79

Equity Book Value Start-ups Corporate Finance 79

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 96

Equity Banking EBITDA Start-ups 96

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

Reynolds Holding

FEBRUARY 21, 2024

they opted for pooling accounting, in which goodwill was not recognized and therefore not amortized; the book value of the assets and liabilities of the two businesses were just added together. The fees earned by the banks, lawyers, accountants, and PR advisers acting for acquirer and target are striking. In the U.S.

Intangible Assets 45

Intangible Assets Book Value Banking Finance 45

Musings on Markets

OCTOBER 19, 2021

The disclosure rules for banks and insurance companies require them to reveal the credit standing of their loan portfolios and their regulatory capital levels to investors and the public.

Start-ups 70

Start-ups Banking Marketability Technology 70

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

Musings on Markets

JANUARY 9, 2021

Challenge rules of thumb and conventional wisdom : Investing has always had rules of thumb on how and when to invest, ranging from using historical PE or CAPE ratios to decide if markets are over valued, to simplistic rules (eg. buy stocks that trade at less than book value or trade at PEG ratios less than one) for individual stocks.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Musings on Markets

JULY 17, 2023

That does not surprise me, since I have never bought into the “Fed did it” theme, and have written multiple posts about why it is inflation and economic growth that drive interest rates, not central banks. Financials, handicapped by the bank runs at SVB and First Republic, have been flat for the year, as has been real estate.

Marketability 95

Marketability Risk Premium Start-ups Treasury 95