First Interstate BancSystem, Inc.

First Interstate BancSystem and Great Western Bancorp Receive Final Regulatory and Shareholder Approvals to Merge

Retrieved on: 
Jeudi, janvier 20, 2022
Professional Services, Marketing, Communications, Finance, Banking, Public Relations, Investor Relations, U.S. Securities and Exchange Commission, Securities Exchange Act of 1934, Forward-looking statement, Person, Great Western, SEC, COVID-19, Organization, Great Western Bank (1919–97), NYSE, GWB, NASDAQ, CEO, Interstate Highway System, Time, Phrase, Form, Multimedia, First Interstate, Risk, Communication, Transaction, Securities Act of 1933, Partnership, First Interstate Bank, Annual report, Financial services, Management, Bank, First Interstate BancSystem, Inc., Great Western Bancorp, Inc., FIRST INTERSTATE BANCSYSTEM, INC., GREAT WESTERN BANCORP, INC.

View the full release here: https://www.businesswire.com/news/home/20220120005185/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220120005185/en/
    The combined holding company will operate under the First Interstate BancSystem name and brand with the combined companys headquarters remaining in Billings, Montana.
  • The merger is expected to be completed on or around February 1, 2022, subject to satisfaction of customary closing conditions.
  • "Since we started discussions with Great Western, weve known this opportunity would be a tremendous partnership.
  • Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank with approximately $13 billion in assets as of September 30, 2021, focused on relationship-based business banking.

First Interstate BancSystem Receives Regulatory Approvals from the Federal Reserve System and Montana Division of Banking for Great Western Bancorp Merger

Retrieved on: 
Mercredi, décembre 22, 2021
Banking, Professional Services, Finance, First Interstate BancSystem, Inc., Great Western Bancorp, Inc., FIRST INTERSTATE BANCSYSTEM, INC., GREAT WESTERN BANCORP, INC.

The combined holding company will operate under the First Interstate name and brand with the companys headquarters remaining in Billings, Montana.

Key Points: 
  • The combined holding company will operate under the First Interstate name and brand with the companys headquarters remaining in Billings, Montana.
  • With assets totaling over $32 billion, the pro forma company establishes FIBK as the premier banking franchise in the West.
  • "We are pleased to have received regulatory approval from the Federal Reserve and from the State of Montana regarding our partnership with Great Western Bank," said Kevin Riley, FIBK President and CEO.
  • Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service, $13 billion regional bank focused on relationship-based business banking.

First Interstate BancSystem, Inc. and Great Western Bancorp, Inc. to Join Forces

Retrieved on: 
Jeudi, septembre 16, 2021
Banking, Professional Services, Finance, First Interstate BancSystem, Inc., Great Western Bancorp, Inc., FIRST INTERSTATE BANCSYSTEM, INC., GREAT WESTERN BANCORP, INC.

With assets totaling over $32 billion, the pro forma company establishes FIBK as the premier banking franchise in the West.

Key Points: 
  • With assets totaling over $32 billion, the pro forma company establishes FIBK as the premier banking franchise in the West.
  • Were excited to join forces, and confident that both companies stakeholders will benefit from this partnership, said Mark Borrecco, GWB President and CEO.
  • Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service, $13 billion regional bank focused on relationship-based business banking.
  • Any statements about First Interstate BancSystem, Inc.s (FIBK), Great Western Bancorp, Inc.s (GWB) or the combined companys plans, objectives, expectations, strategies, beliefs, or future performance or events constitute forward-looking statements.