Texas-based Green Bancorp files for a $100 million IPO

By Renaissance Capital,

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Green Bancorp, a commercial bank with 12 branches in Texas, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Houston, TX-based company, which was founded in 2006 and booked $59 million in net interest income for the 12 months ended March 31, 2014, plans to list under the symbol GNBC. Green Bancorp initially filed confidentially on May 5, 2014. Sandler O'Neill and Jefferies are the joint bookrunners on the deal. No pricing terms were disclosed and no exchange was listed.

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