Tag: Bank Mergers
SEC filing of week: Beacon Financial Corp. reports $53.4M profit in...
BOSTON – Beacon Financial Corp., the regional bank created in September 2025 through the merger of Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc....
BankRI officially changing name to Beacon Bank following merger
PROVIDENCE – Bank Rhode Island, better known as BankRI, will officially rebrand as Beacon Bank on Feb. 9, the latest step in the merger...
HarborOne Bank parent posts $8.1M Q2 profit
BROCKTON, Mass. – HarborOne Bancorp Inc., parent of HarborOne Bank, reported $8.1 million in second-quarter profit on Thursday, up 11% from the $7.3 million...
Webster Bank parent posts $216.8M profit in Q1
STAMFORD, Conn. – Webster Financial Corp. on Thursday declared earnings of $216.8 million for the first quarter of 2023.
The profit marked a strong recovery...
Merger between Webster Financial and Sterling gains stockholder approval
PROVIDENCE – Stockholders have signed off on the merger deal between Webster Financial Corp. and New York-based Sterling Bancorp, the companies announced in a...
Crack down on bank mergers could help economy
President Joe Biden signed a sweeping executive order in July that aims to increase competition throughout the U.S. economy. In one of the order’s...
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