- BOK Financial (NASDAQ:BOKF -0.1%) announced that all necessary regulatory approvals required to complete the previously announced acquisition of CoBiz Financial (COBZ +0.6%) have been received.
- The closing of the transaction is expected to occur in Q4 2018.
- Once completed, BOK Financial expects this acquisition to be 6% accretive to earnings in 2019, and 9% accretive to earnings in 2020.
- The transaction is expected to deliver an internal rate of return of over 20%.
BOK Financial receives regulatory approval for Cobiz acquisition
Recommended For You
About BOKF Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
BOKF | - | - |
BOK Financial Corporation |