How Market Conditions Delayed Pa. Bank Deal

The reasons why Peoples Financial and FNCB put their talks in ice shed more light on the reasons why bank mergers have been delayed or derailed in recent months.

Nov 28, 2023

∙ Paid

Hello again, Bank Slaters!

I found another interesting regulatory filing — this one examines the macroeconomic reasons that led Peoples Financial Services in Scranton, Pa., in mid-May to withdraw a letter of intent to buy FNCB Bancorp in Dunmore, Pa.

Enjoy this write-up on the background of the pending $129 million merger.

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