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Stock impact report

FCB Announces Agreement to Acquire Floridian Community Bank

FCB FINANCIAL HOLDINGS INC (FCB) 
Last fcb financial holdings inc earnings: 10/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.floridacommunitybank.com
Company Research Source: Business Wire
Transaction valued at $88 million or 1.72x tangible book value Transaction adds $545 million in total assets and 5 retail locations Immediately accretive to EPS, greater than 25% anticipated IRR, and less than 1% expected dilution to tangible book value per share WESTON, Fla.--(BUSINESS WIRE)-- Today, November 27, 2017, FCB Financial Holdings, Inc. (“FCB”) (NYSE: FCB), the parent company for Florida Community Bank, N.A., Florida’s largest community banking company and the second largest Florida-based independent bank, and Floridian Community Holdings, Inc. (“Floridian Community”), the parent company for Floridian Community Bank, jointly announced the signing of a definitive agreement for FCB to acquire Floridian Community by merger. Under the terms of the merger agreement, which has been unanimously approved by the Board of each company, the transact Show less Read more
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