State Bank Financial (STBZ) Tops Q3 EPS by 5c

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State Bank Financial (STBZ) Announces Asset Acquisition from Patriot Capital

October 22, 2015 7:54 AM EDT

tate Bank and Trust Company, a wholly-owned subsidiary of State Bank Financial Corporation (NASDAQ: STBZ), announced that it has purchased the equipment finance origination platform of Patriot Capital Corporation, a leading provider of equipment financing to the retail petroleum industry. The terms of the transaction were not disclosed.

Equipment financing is a business we have long wanted to enter, and we have found a great fit with Patriot... More