Northrim BanCorp to Acquire PBCO Financial in $167.3M All-Stock Deal

Northrim BanCorp has agreed to acquire PBCO Financial, the parent company of People's Bank of Commerce, for approximately $167.3 million in an all-stock transaction. The deal is expected to expand Northrim’s banking operations into Oregon.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Northrim BanCorp to Acquire PBCO Financial in $167.3M All-Stock Deal

Tickers: $NRIM

Topics: banking mergers_and_acquisitions

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