Provident Financial (PFS) Closes Merger With Lakeland Bancorp
PFSProvident Financial Services(PFS) zacks.com·2024-05-21 01:06

Provident Financial Services, Inc. (PFS) has completed its previously announced merger with Lakeland Bancorp, Inc. The acquisition combines two of New Jersey’s complementary banking platforms to form a super- community bank. The system conversions are scheduled for early September 2024. Until then, the companies’ retail banking networks will operate separately under their respective brands. Under the terms of the deal at the time of announcement, Lakeland Bancorp’s shareholders have the right to receive 0.8 ...