Florida community bank FCB Financial refiles for a $150 million IPO

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FCB Financial Holdings, which operates 54 community banks around coastal Florida, refiled on Friday with the SEC to raise up to $150 million in an initial public offering. The company originally filed for a $150 million IPO in May 2011 under the name Bond Street Holdings but withdrew on June 05, 2014. The filing lists Franklin Templeton ( BEN ) as its largest shareholder.

The Weston, FL-based company, which was founded in 2010 and booked $142 million in sales for the 12 months ended March 31, 2014, plans to list on the NYSE under the symbol FCB. FCB Financial Holdings initially filed confidentially on May 14, 2014. Deutsche Bank, J.P. Morgan, BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.

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This article appears in: News Headlines , IPOs


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