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Stock impact report

National Bank Holdings Corporation Announces Regulatory Approvals for the Acquisition of Bank of Jackson Hole

National Bank Holdings Corporation (NBHC) 
Last national bank holdings corporation earnings: 4/21 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
DENVER, Sept. 16, 2022 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC, “NBH” or the “Company”) today announced it has now received all regulatory approvals from the Federal Reserve Board, the Wyoming Division of Banking, and the Colorado Division of Banking for the previously announced acquisition of Bancshares of Jackson Hole Incorporated, the holding company for Bank of Jackson Hole with operations in Wyoming and Idaho. The acquisition is subject to customary closing conditions and is expected to close in early October 2022. The transaction adds approximately $1.7 billion in total assets, including $1.1 billion in total loans, $1.5 billion in total deposits, and $676 million in assets under management as of June 30, 2022. When combined with the previously announced closing of the Community Bancorporation acquisition, the Company expects to have approximately $9.7 billion in pro-forma assets, including $6.5 billion in total loans and $8.5 billion in total depos Show less Read more
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