WILLIAMSPORT — Northwest Bancshares Inc. (Northwest) and Penns Woods Bancorp Inc. — the multi-bank holding company of Jersey Shore State Bank and Luzerne Bank — announced they have entered into a definitive Agreement and Plan of Merger, whereby Northwest will…

The Business Journals

United States

Berkshire Bank parent plans to buy Brookline Bank, affiliates in $1.1B deal

Berkshire said it will raise capital for the transaction by issuing $100 million of common stock.

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The Standard-Journal

Milton

Northumberland County

Pennsylvania

Jersey Shore State Bank announces merger

Regional lenders that were at the heart of the banking crisis in 2023 have been cutting more deals this year to expand their geographic foothold and better compete with rivals, extending a wave of deals

Zawya

Regional lenders Berkshire Hills Bancorp, Brookline strike $1.1bln merger deal

The combination would create a Northeast regional bank with nearly $24 billion of assets. It would rank as the eighth-largest bank in the Boston metropolitan area by deposit market share.

American Banker

Arizent

Berkshire, Brookline in $1.1B deal to create 'preeminent' Boston bank

Brookline Bancorp, Inc. (NASDAQ: BRKL) filed a Form 8-K with the Securities and Exchange Commission on December 16, 2024, announcing a pivotal merger agreement with Delaware-based Berkshire Hills Bancorp, Inc. (NYSE: BHLB). The filing detailed the Agreement and Plan of Merger entered into by Brookline Bancorp, Berkshire Hills Bancorp, and Commerce Acquisition Sub, Inc., a […]

watchlistnews.com

Brookline Bancorp (NASDAQ:BRKL) Enters Definitive Agreement for Merger with Berkshire Hills Bancorp

Berkshire Hills Bancorp (NYSE: BHLB) and Brookline Bancorp (NASDAQ: BRKL) have agreed to merge in an all-stock deal valued at about $1.1 billion, the regional

abbonews.com

Berkshire Hills (NYSE: BHLB) and Brookline (NASDAQ: BRKL) to Merge in $1.1 Billion All-Stock Deal

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and Brookline Bancorp, Inc. (NASDAQ: BRKL) have entered into a definitive agreement for a merger of equals, creating a premier banking franchise in the Northeast. The all-stock transaction, valued at approximately $1.1 billion, will combine the two storied institutions, resulting in a financial powerhouse with $24 billion in assets and a network of 148 branch offices across five states. This move is set…

channelchek.com

Berkshire Hills and Brookline Bancorp Unite to Form $24 Billion Northeast Banking Leader - Channelchek

Grand Union Housing Group and Longhurst Group have finalised their merger, combining under the new name of Amplius.

Inside Housing

Merger to create 37,000-home landlord completes

According to a securities filing, the holding companies of Berkshire Bank and Brookline Bank are planning to join forces in a merger of equals.

Banker & Tradesman

Berkshire Bank and Brookline Bank Plan $1.1B Merger

Berkshire Hills Bancorp and Brookline Bancorp have signed a merger agreement, in the latest consolidation activity among US regional lenders. The all-stock transaction is valued at around $1.1bn, or $12.68 per Brookline common stock share. Under the merger terms, unanimously approved by both companies’ boards of directors, Brookline shareholders will receive 0.42 shares of Berkshire stock for each Brookline share. The combined business will have…

Jersey Shore State Bank announces merger

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