Republic Bancorp Acquires CBank (and subsidiary Commercial Industrial Finance)

October 27, 2022

Republic Bancorp, Inc. agreed to acquire Cincinnati-based CBank and its wholly owned leasing subsidiary, Commercial Industrial Finance, Inc. (CIF), in an all-cash merger valued at approximately $51 million. The deal expands Republic Bank's Cincinnati footprint and significantly broadens its equipment leasing capabilities and national leasing footprint; the transaction closed after customary approvals and integration planning.

Buyers
Republic Bancorp, Inc. (Republic Bank & Trust Company)
Targets
CBank, Commercial Industrial Finance, Inc. (CIF)
Sellers
CBank's existing shareholders
Location
Ohio, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.