by Nika Cataldo | Dec 26, 2023
Needham Bank has secured all required approvals for its initial public offering and its conversion from a mutual bank to a stock bank. The bank’s shares will start trading on the Nasdaq Capital Market on Dec. 28 under the symbol NBBK.
by James Sanna | Jun 15, 2023
Needham Bank has filed papers with the Securities and Exchange Commission to go public after 131 years as a mutual bank.
by Diane McLaughlin | Jul 28, 2022
Massachusetts now has another stock bank after Everett Bank converted from a mutual cooperative bank yesterday, raising $89.2 million in its initial public offering.
by Banker & Tradesman | Aug 20, 2020
Eastern Bank announced it has begun its stock offering as it plans to give up its status as the state’s largest mutual bank and transform into a stock bank.
by Diane McLaughlin | Jun 28, 2020
Eastern Bank’s transformation will affect more than its place in the banking landscape. It could reverberate throughout the state’s banking industry.
by Banker & Tradesman | Mar 8, 2020
Take it from a marathon runner: Careful preparation, along with a recognition of the unpredictability of external forces, is essential to both a successful marathon and a successful IPO.
by Diane McLaughlin | Oct 21, 2019
Provident Bancorp Inc. completed its conversion to a stock company last week, raising more than $100 million in the process to help it grow specialized commercial lending and other initiatives.
by James Sanna | Oct 15, 2019
Amesbury-based The Provident Bank faces a big day Wednesday, when its long-planned effort to go fully public will culminate in a stock offering.
by Banker & Tradesman | Aug 26, 2019
Officials from HarborOne Bancorp, including CEO James W. Blake, kicked off the trading day in New York City Friday with the traditional ringing of the NASDAQ bell in Times Square.
by Banker & Tradesman | Aug 14, 2019
The parent company of Brockton-based HarborOne Bank is set for a $310.4 million public offering after regulators gave the green light to its second-step conversion, completing its six-year journey from credit union to stock bank.
by Bram Berkowitz | Jun 25, 2019
Needham Bank is planning to reorganize its corporate structure to add a mutual holding company.