This Slide: #98 of 100 |
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.
EWBC SEC Filing Email Alerts Service
Open the EWBC Page at The Online Investor »
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.
EWBC SEC Filing Email Alerts Service
Open the MCBI Page at The Online Investor »
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