Mid Penn Bancorp Acquires William Penn Bancorporation

Mid Penn Bancorp Acquires Riverview Financial Corporation

June 30, 2021

Financial Services

Mid Penn Bancorp, Inc. agreed to acquire Riverview Financial Corporation in an all-stock merger valued at approximately $124.7 million, creating a combined community banking franchise with about $4.8 billion in assets. The transaction expands Mid Penn's footprint into the Lehigh Valley and State College markets and adds core deposit funding in western Pennsylvania; it is expected to close in Q4 2021 subject to regulatory and shareholder approvals.

Northwest Bancshares Acquires Penns Woods Bancorp

July 28, 2025

Financial Services

Northwest Bancshares, Inc. completed its merger with Penns Woods Bancorp, Inc., effective July 25, 2025, folding Penns Woods and its subsidiary banks into Northwest and Northwest Bank. The deal adds 21 branch locations across north-central and northeastern Pennsylvania and expands Northwest's retail footprint to 151 financial centers; Penns Woods CEO Richard A. Grafmyre was appointed to Northwest's board.

Mid Penn Bancorp Acquires Cumberland Advisors

January 1, 2026

Wealth Management

Mid Penn Bancorp completed its acquisition of Sarasota-based registered investment advisor Cumberland Advisors on January 1, 2026, adding approximately $3.2 billion in assets under management. Cumberland has been merged into a newly formed Mid Penn subsidiary operating as Cumberland Advisors, LLC, and its investment advisory professionals have joined Mid Penn to expand the bank’s wealth and investment management capabilities; financial terms were not disclosed.

Banc of California Acquires Pacific Mercantile Bancorp

March 22, 2021

Financial Services

Banc of California, Inc. (NYSE: BANC) agreed to acquire Pacific Mercantile Bancorp (NASDAQ: PMBC) in an all-stock transaction announced March 22, 2021 and completed on October 18, 2021. The deal was valued at approximately $235 million at announcement (consideration reported at about $226 million at close) and expands Banc of California's Southern California business-banking franchise by adding roughly $1.5 billion in assets, ~$1.3 billion in deposits and ~$980 million in gross loans.

F.N.B. Corporation Acquires Howard Bancorp, Inc. (Howard Bank)

January 24, 2022

Financial Services

F.N.B. Corporation (FNB) agreed to acquire Howard Bancorp, Inc., including its wholly owned subsidiary Howard Bank, in an all-stock transaction valued at approximately $418 million (1.8 shares of FNB per Howard share). The deal expands FNB’s Mid-Atlantic footprint—adding 13 Baltimore-area branches and roughly $2.6 billion in assets—and is intended to be accretive with cost savings and enhanced product capabilities for Howard customers.

Fulton Financial Corporation Acquires Prudential Bancorp, Inc.

May 23, 2022

Financial Services

Fulton Financial Corporation completed its acquisition of Prudential Bancorp, Inc., merging Prudential into Fulton in a stock-and-cash transaction and pledging $2.0 million to community causes in Philadelphia. The deal, which received required regulatory approvals, will ultimately merge Prudential Bank into Fulton Bank and expands Fulton’s presence in the Philadelphia market; Prudential shareholders received 0.7974 shares of Fulton plus $3.65 in cash per Prudential share.