MAF Bancorp Announces Completion of St. Francis Capital Corporation Merger
2003年12月2日 - 8:59AM
PRニュース・ワイアー (英語)
MAF Bancorp Announces Completion of St. Francis Capital Corporation
Merger CLARENDON HILLS, Ill., Dec. 1 /PRNewswire-FirstCall/ -- MAF
Bancorp, Inc. announced that it has completed its acquisition of
St. Francis Capital Corporation today. As a result of the
transaction, which was announced on May 21, 2003, St. Francis
Capital Corporation has been merged into MAF Bancorp, and St.
Francis Bank, the wholly-owned banking subsidiary of St. Francis
Capital, has been merged into Mid America Bank, the wholly-owned
banking subsidiary of MAF Bancorp. MAF intends to operate its
Milwaukee area offices using the name "St. Francis Bank, a division
of Mid America Bank, fsb," for the foreseeable future. Each share
of St. Francis common stock was converted into the right to receive
0.79 shares of MAF Bancorp common stock resulting in the issuance
of approximately 7.5 million shares. The aggregate transaction
value, including stock options, totaled approximately $357.7
million, based on the MAF closing stock price on December 1, 2003.
Following the St. Francis merger, MAF, which is headquartered in
Clarendon Hills, Illinois, has total assets of approximately $9.0
billion and total deposits of approximately $5.6 billion. The
acquisition of St. Francis provides Mid America with 23 branch
locations in the Milwaukee, Wisconsin area. In total, Mid America
operates a network of 66 retail banking offices throughout Chicago
and Milwaukee and their surrounding areas. MAF's common stock is
traded on the Nasdaq Stock Market under the symbol MAFB.
DATASOURCE: MAF Bancorp, Inc. CONTACT: Jerry Weberling, EVP and
Chief Financial Officer, or Michael J. Janssen, Senior Vice
President, both of MAF Bancorp, Inc., +1-630-325-7300 Web site:
http://www.mafbancorp.com/
Copyright
Maf Bancorp (NASDAQ:MAFB)
過去 株価チャート
から 2 2025 まで 3 2025
Maf Bancorp (NASDAQ:MAFB)
過去 株価チャート
から 3 2024 まで 3 2025
Real-Time news about Maf Bancorp (MM) (ナスダック市場): 0 recent articles
その他のMaf Bancorp (MM)ニュース記事