On May 26, First Mid Bancshares Received Approval Of Merger With Blackhawk Bancorp From Board Of Governors Of Federal Reserve System
Portfolio Pulse from Happy Mohamed
First Mid Bancshares has received approval for its merger with Blackhawk Bancorp from the Board of Governors of the Federal Reserve System on May 26.
May 30, 2023 | 2:19 pm
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POSITIVE IMPACT
First Mid Bancshares' merger with Blackhawk Bancorp has been approved by the Federal Reserve, potentially leading to growth and increased market share.
The approval of the merger between First Mid Bancshares and Blackhawk Bancorp by the Federal Reserve is a significant step towards the completion of the deal. This merger could lead to growth and increased market share for the combined entity, which may positively impact FMBH's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100