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0.000713606089438657 0.000237868696479665 0.00142721217887731 0.000951474785918322 0.00451950523311144 0.0118934348239772 0.00547098001902959 0
Stock impact report

BankFlorida Readies $65 Million U.S. IPO [Seeking Alpha]

Ameris Bancorp (ABCB) 
Last ameris bancorp earnings: 4/23 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amerisbank.com
Company Research Source: Seeking Alpha
Summary Quick Take BankFlorida ( BFL ) intends to raise $65 million in an IPO of its common stock, according to a preliminary offering circular . The firm is a state-chartered community bank that provides financial services in the Palm Beach Gardens, Florida area, and has plans to expand to Jupiter in the near future. BFL is operating in an evolving interest rate and lending environment which may complicate its expansion plans; however, changing conditions may paradoxically provide its experienced management team with greater opportunities to acquire other banks or branches from less well-managed banks. Company & Business Palm Beach Garden, Florida-based BankFlorida was founded originally as FirstCity Bank of Commerce. Management has been recently replaced by the former management team of Atlantic Coast Financial [ACFC ] and is now headed by CEO John Stephens. The executive team led a turnaround of Atlantic Coast by resolving a number of ou Show less Read more
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