NBT Bancorp receives regulatory approval to complete Evans Bancorp merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
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Merger Approval: NBT Bancorp has received regulatory approval for the merger with Evans Bancorp and its bank, with the Office of the Comptroller of the Currency approving the merger and a waiver granted by the Federal Reserve Bank of New York.
Shareholder Support: On December 20, over 75% of Evans Bancorp's shares were represented at a special meeting, with more than 96% voting in favor of the merger.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
