Stonegate Bank to acquire Regent Bancorp

April 26, 2016 5:21 PM

22 0

Stonegate Bank has signed a definitive agreement to acquire Regent Bancorp, including its wholly owned subsidiary, Regent Bank.

Stonegate Bank’s management expects the combination will increase total assets to about $2.7 billion and will rank Stonegate Bank as the ninth largest Florida-based bank. This transaction, which has been approved by both boards of directors, is expected to close in the third quarter, Stonegate annou...

Also read: IMF to Loan Mongolia $440 Million as Part of Bailout Package

Read more

To category page