- American City Business Journals•yesterday
The buyer of 13 bank branch offices being sold over antitrust concerns in the merger of Huntington Bancshares Inc. and FirstMerit Corp. has been identified. First Commonwealth Financial Corp. on Wednesday said it has agreed to acquire the full-service locations in Canton and Ashtabula, with combined deposits of $735 million and loans totaling $115 million. The purchase comes less than a year after the Indiana, Pennsylvania-based parent of First Commonwealth Bank expanded into the Central Ohio market , drawn by a younger, more affluent customer base .
- American City Business Journals•2 days ago
First Commonwealth Financial Corp. will acquire 13 branches in eastern Ohio from FirstMerit Bank NA (FMER) as part of divestitures required by Huntington Bancshares Inc.'s (HBAN) acquisition of FirstMerit. Indiana, Pa.-based First Commonwealth (FCF) is the parent company of First Commonwealth Bank. The branches are in Canton and Astabula, Ohio, and have $735 million in deposits and $115 million in retail and business loans.
After hours: 21.110.00 (0.00%) as of 4:55 PM EDT
|Ask||23.32 x 100|
|52wk Range||15.33 - 23.15|
|Day's Range||20.86 - 21.20|
|Avg Vol (3m)||1,118,436|
As of 4:00 PM EDT. Market closed.