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0 0 -0.00133096716947641 -0.00133096716947641 0.000177462289263496 0.00248447204968945 0.00954569653948537 0.0142857142857143
Stock impact report

Enterprise Bank & Trust Announces Completion of Branch Acquisition with First Interstate Bank

Enterprise Financial Services Corporation (EFSC) 
Last enterprise financial services corporation earnings: 4/20 04:02 pm Check Earnings Report
Company Research Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--Enterprise Financial Services Corp (Nasdaq: EFSC) (the “Company,” “EFSC,” or “Enterprise”), the holding company of Enterprise Bank & Trust (“EB&T”), announced today the completion of EB&T’s acquisition of twelve branches from First Interstate Bank (“FIB”), a wholly-owned subsidiary of First Interstate BancSystem, Inc. (Nasdaq: FIBK). The acquisition adds ten branches in Arizona and two branches in Kansas with approximately $300 million in loans and $645 million in deposits. Following the acquisition, Enterprise will have approximately $17 billion in total assets.James B. Lally, President and Chief Executive Officer of Enterprise stated, “We are pleased to announce the completion of the acquisition of twelve First Interstate Bank branches in Arizona and Kansas City. In addition to an enhanced funding profile, the addition of these branches allows us to expand our access to existing markets with attractive growth opportunities. We believe this transaction Show less Read more
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