M&A
confidence high
sentiment neutral
materiality 0.75
Stock Yards Bancorp receives final regulatory approval for Commonwealth Bancshares acquisition
Stock Yards Bancorp, Inc.
- Federal Reserve approves merger; FDIC and Kentucky DOI approvals previously received.
- Closing expected on or around March 7, 2022, subject to remaining conditions in merger agreement.
- Commonwealth Bancshares operates 15 retail branches in Jefferson, Shelby, and Northern Kentucky.
- Merger was originally announced on August 3, 2021 under the Agreement and Plan of Merger.