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Banking & Savings M&A image Banking & Savings M&A » By The Online Investor Staff, updated Fri., Mar. 29, 1:15 AM Recent mergers and acquisitions in the Banking & Savings M&A category.

Slide #98. East West Bancorp MetroCorp Bancshares

Acquirer: East West Bancorp (EWBC)
Acquiree: MetroCorp Bancshares (MCBI)
Details: East West Bancorp, Inc. ("East West") (NASDAQ:EWBC), parent company of East West Bank, completed the acquisition of MetroCorp Bancshares, Inc. ("MetroCorp") (NASDAQ:MCBI), parent of MetroBank, N.A. and Metro United Bank, as of the close of business today.

East West Bancorp is a bank holding company. Through its subsidiary, East West Bank (the Bank), Co. provides a range of banking services to individuals and businesses. Co. organizes its operations into two operating segments: Consumer and Business Banking; and Commercial Banking. The Consumer and Business Banking segment primarily provides financial products and services to consumer and commercial customers through Co.'s domestic branch network. The Commercial Banking segment primarily generates commercial loans and deposits. Commercial loan products include commercial real estate lending, construction finance, working capital lines of credit, trade finance, and letters of credit.

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East West Bancorp is a bank holding company. Through its subsidiary, East West Bank (the Bank), Co. provides a range of banking services to individuals and businesses. Co. organizes its operations into two operating segments: Consumer and Business Banking; and Commercial Banking. The Consumer and Business Banking segment primarily provides financial products and services to consumer and commercial customers through Co.'s domestic branch network. The Commercial Banking segment primarily generates commercial loans and deposits. Commercial loan products include commercial real estate lending, construction finance, working capital lines of credit, trade finance, and letters of credit.

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Open the MCBI Page at The Online Investor »

Company Name: 
East West Bancorp, Inc
Website: 
www.eastwestbank.com
Sector: 
Banking & Savings
Number of ETFs Holding EWBC: 
76
Total Market Value Held by ETFs: 
$2.31B
Total Market Capitalization: 
$10.69B
% of Market Cap. Held by ETFs: 
21.61%
Company Name: 
MetroCorp Bancshares Inc
Stock buyback: 
MCBI buyback
Website: 
www.metrobank-na.com
Sector: 
Banking & Savings
 

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