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SFBS News

Here come the Benjamins: Franklin Financial Network sets terms for $61 million IPO

FSB

Franklin Financial Network, a Tennessee commercial bank with 11 branches and $1.4 billion in assets, announced terms for its IPO on Monday. The Franklin, TN-based company plans to raise $61 million by offering 2.4 million shares at a price range of $24 to...read more

Nashville bank Avenue Financial Holdings files for a $30 million IPO

Avenue Financial Holdings, a commercial bank with five locations in the Nashville MSA and $1 billion in assets, filed on Friday with the SEC to raise up to $30 million in an initial public offering. The company lists Goldman Sachs (GS) among its primary...read more

Southeast bank National Commerce files for a $50 million IPO

National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion of assets, filed on Monday with the SEC to raise up to $50 million in an initial public offering. The 813 Shades Creek Parkway, AL-based company, which was founded...read more

ServisFirst Bancshares prices IPO at $91, the low end of the range

ServisFirst Bancshares, a commercial bank with 12 branches in Alabama, Florida and Tennessee, raised $57 million by offering 625,000 shares at $91, the low end of the range. ServisFirst Bancshares will list on the NASDAQ under the symbol SFBS. Sandler O'Neill...read more