invest1 distinct publisher
FNBO buys a $1.4bn bank with under four months of its own earnings
The Omaha lender's second deal since June is all cash, priced at roughly 14% of the target's assets. The loan book it inherits saw nonperformers more than double to 0.97% in six months, even as profit rose 32%.
Publishers:americanbanker.com
Reality
- Evidence58
- Adoption28
- Hype gap+12
- Incentives62