NMB Financial Corporation Proposes to Acquire Noah Bank

F.N.B. Corporation Acquires Howard Bancorp, Inc. in $418 Million Stock Deal

January 24, 2022

Financial Services

F.N.B. Corporation (NYSE: FNB) announced and later completed its merger to acquire Howard Bancorp, Inc. (NASDAQ: HBMD) for an all-stock transaction valued at approximately $418 million. The deal included Howard Bancorp’s wholly owned banking subsidiary, Howard Bank, with customers transitioning to FNB systems and branding in early February 2022.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

Mifflinburg Bancorp to Acquire Northumberland Bancorp in Strategic Merger of Equals

September 25, 2024

Financial Services

Mifflinburg Bancorp, Inc. and Northumberland Bancorp announced the signing of a definitive “merger of equals” agreement under which Northumberland will merge with and into Mifflinburg Bancorp, and Northumberland’s subsidiary bank will merge into Mifflinburg Bank. Northumberland shareholders will receive 1.1850 shares of Mifflinburg for each Northumberland share; the all-stock deal is expected to close in the first or second quarter of 2025.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

Merchants & Marine Bancorp Acquires Mississippi River Bank

September 20, 2023

Financial Services

Merchants & Marine Bancorp, Inc. (MNMB) signed a definitive agreement to acquire Mississippi River Bank, a Belle Chasse, Louisiana-based community bank with approximately $127.7 million in assets. Mississippi River Bank will continue to operate under its existing brand as a division of Merchants & Marine Bank; the target's CEO Mike Bush and President/COO Lisa Works will remain in their roles. The acquisition is subject to shareholder and regulatory approvals and is expected to close in Q1 2024.

Fulton Financial Corporation Acquires Prudential Bancorp, Inc.

May 23, 2022

Financial Services

Fulton Financial Corporation entered into a definitive agreement to acquire Prudential Bancorp, Inc. in a stock-and-cash transaction, with Prudential merging into Fulton. The deal received required regulatory approvals and was completed, expanding Fulton Bank’s presence in Philadelphia.