The stock-for-stock deal, valued at about $78.6 million, must clear regulatory approvals before closing.

BING NEWS:
  • Territorial Bancorp shareholders approve acquisition by California bank
    The acquisition of Honolulu-based Territorial Bancorp (Nasdaq: TBNK) by Los Angeles-based Hope Bancorp (Nasdaq: HOPE) was first announced on April 29. The stock-for-stock deal, valued at about $78.6 ...
    11/6/2024 - 10:51 am | View Link
  • Territorial Bancorp Shareholders Approve Hope Bancorp Merger
    HONOLULU, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) announced that its shareholders voted to approve the Company’s proposed merger with ...
    11/6/2024 - 6:56 am | View Link
  • CALIFORNIA BANCORP REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024
    California BanCorp (“us,” “we,” “our,” or the “Company”) (NASDAQ: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”) announces its consolidated financial results for the ...
    10/28/2024 - 9:00 pm | View Link
  • Hope Bancorp tight-lipped on its acquisition of Territorial in Hawaii
    The Honolulu-based seller, which plans a Nov. 6 shareholder vote on the deal, posted a third-quarter loss and reiterated its commitment to the Hope agreement. But an offer with a higher price from an ...
    10/28/2024 - 7:20 am | View Link
  • OC Banks’ Assets Soar 62% Thanks to Acquisition
    Banks headquartered locally reported a whopping 62% increase in assets to $64 billion, helped by a mega acquisition.This year’s growth compares to a 1.6% decrease in 2023 and a 10% increase in ...
    10/27/2024 - 1:29 am | View Link
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