TowneBank announced a definitive acquisition agreement to enhance its presence in South Carolina and North Carolina.

4 reports, 4 independent Updated Aug 21

Gone quiet Reached 4 outlets in its first 24 hours

Reports: 4
Developments: 2
Repetition: 50%

New informationRepeats or wire copies

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What happened

Well supportedReported by 4 independent outlets

TowneBank announced a definitive acquisition agreement to enhance its presence in South Carolina and North Carolina.

Who's involved

What this event is mainly about

TowneBank Charleston Raleigh Charlotte Greensboro

How it developed

Newest first. Tap a step to see who reported it.

Aug 21TowneBank is expanding its presence in SC and NC through acquisitions.1 source
- Business Wire
Aug 19TowneBank expands via acquisition of Dogwood State Bank and Old Point Financial; Steve Jones joins as president.1 source
- Banking Dive

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Part of

A company announced expansion into markets including Greenville, Fayetteville, and Charleston, while also acquiring Hampton-based Old Point banks. All 3 developments

The entities involved

TowneBank
local bank based in Virginia, USA

Nothing else this week.
Charleston
largest city in the U.S. state of South Carolina
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Raleigh
city in and state capital of North Carolina, United States of America
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Charlotte
city in and county seat of Mecklenburg County, North Carolina, United States
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Coverage

Newest first; wire copies grouped

Aug 21Business WireKBRA Comments on TowneBank's Merger Agreement to Acquire Dogwood State Bank NEW YORK, August 20, 2025--(BUSINESS WIRE)--On August 19, 2025, Portsmouth, VA-based TowneBank (NASDAQ: TOWN)(KBRA Senior U
Aug 20ZacksTowneBank to Buy Dogwood for $476.2M, Expand Presence in Carolinas In an effort to expand its presence throughout the high-growth markets in the Carolinas, TowneBank TOWN has entered an agreement to
Aug 19Banking DiveVirginia’s TowneBank to buy NC’s Dogwood in $476.2M deal This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter.
Aug 19GlobeNewswireTowneBank Expands Carolinas Presence Through Agreement to Acquire Dogwood State Bank SUFFOLK, Va. and RALEIGH, N.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and