Avidia Bank Raises Nearly $192M in Stock Offering
Avidia Bank announced that it’s raised nearly $192 million in its bid to become a publicly traded bank. The bank plans to boost its CRE and C&I lending, and invest in its operations.
Needham Bank Shares to Start Trading Dec. 28
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.
Needham Bank Files for IPO
Needham Bank has filed papers with the Securities and Exchange Commission to go public after 131 years as a mutual bank.
Everett Bank Raises $89M in Stock Conversion
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.
Eastern Bank Begins Stock Offering
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.
Eastern Conversion Could Echo Through Industry
Eastern Bank’s transformation will affect more than its place in the banking landscape. It could reverberate throughout the state’s banking industry.
IPOs and Marathons: How to Successfully Go the Distance
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.
Provident Bancorp Raises $102M in Second-Step Conversion
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.
The Provident Bank’s $102M Stock Offering Begins Tomorrow
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.
HarborOne Execs Ring NASDAQ Bell As IPO Completed
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.
Regulators OK HarborOne’s Second-Step Conversion
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.
Needham Bank to Form Mutual Holding Company
Needham Bank is planning to reorganize its corporate structure to add a mutual holding company.
