UPDATE: Raymond James Downgrades Professional Holding (PFHD) to Market Perform
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Seacoast Banking Corporation of Florida (SBCF) to Acquire Professional Holding Corp. (PFHD)
August 8, 2022 8:00 AM EDTSeacoast Banking Corporation of Florida (Seacoast) (NASDAQ: SBCF), the holding company for Seacoast National Bank (Seacoast Bank), and Professional Holding Corp. (Professional) (NASDAQ: PFHD), parent company of Professional Bank, announced today that they have signed a definitive agreement under which Seacoast will acquire Professional. The proposed transaction will expand Seacoasts footprint in the dynamic tri-county South Florida market, which includes Miami-Dade, Broward, and Palm Beach Counties, the largest MSA in Florida and the eighth largest in the nation.
Professional Bank, the sixth largest bank headquartered in South Florida,... More
Professional Holding (PFHD) Halted, News Pending
August 8, 2022 7:47 AM EDTProfessional Holding (NASDAQ: PFHD) Halted, News Pending
