» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 133 | NO. 98 | Wednesday, May 16, 2018

Cadence Bank, State Bank Financial Corp. Announce Merger

The Associated Press

Print | Front Page | Email this story | Comments ()

BIRMINGHAM, Ala. (AP)Cadence Bank and State Bank Financial Corp. are announcing a merger.

Al.com reports that Cadence Bank's corporate headquarters will move from Birmingham, Alabama, to Atlanta following the merger.

The combined company will have about 100 branches serving Texas, Georgia, Florida, Alabama, Tennessee and Mississippi.

The deal is expected to be finalized later this year.

Al.com reports that Cadence Bank CEO Sam Tortorici will relocate to Atlanta with the corporate headquarters. Cadence Bancorporation will remain headquartered in Houston.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 68 321 13,763
MORTGAGES 79 340 15,906
FORECLOSURE NOTICES 20 44 2,183
BUILDING PERMITS 265 765 28,522
BANKRUPTCIES 49 227 8,877
BUSINESS LICENSES 28 113 4,678
UTILITY CONNECTIONS 25 118 5,511
MARRIAGE LICENSES 16 73 2,967

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.