M&A
confidence high
sentiment positive
materiality 0.75
Capital Bancorp receives Fed approval for merger with Integrated Financial Holdings
Capital Bancorp Inc
- Federal Reserve Bank of Richmond approved the merger of Integrated Financial Holdings (IFH) into Capital Bancorp (CBNK).
- Merger still subject to OCC approval, CBNK and IFH shareholder votes, and other customary closing conditions.
- S-4 registration statement declared effective June 25, 2024; joint proxy/prospectus mailed to shareholders.