Florida Community Bank’s parent wants to raise at least $208.8 million in IPO

 

icordle@MiamiHerald.com

Florida Community Bank’s parent, FCB Financial Holdings, plans to raise at least $208.8 million by offering 8.7 million shares, including 50 percent to insiders, according to new terms of its upcoming initial public offering filed with the Securities and Exchange Commission on Tuesday. It expects to price to be between $24 and $27.

The Weston-based bank, which operates 54 branches in Florida, had originally filed for a $150 million IPO.

FCB Financial Holdings plans to list its shares on the New York Stock Exchange under the symbol FCB.

Read more Business stories from the Miami Herald

  • In Miami, the art of Beatriz Milhaezes fills museum, condo

    Brazilian artist Beatriz Milhaezes is in the Miami spotlight this week as her solo goes up at the Perez Art Museum Miami and a Key Biscayne condo featuring her work is completed.

  • Brickell Motors buys Ocean Cadillac

    Brickell Motors announced on Wednesday that it has purchased Ocean Cadillac, adding the iconic luxury brand to its growing family of automotive dealerships that includes Brickell Honda, Brickell Buick & GMC, Audi Stuart, Infiniti Stuart and Brickell Luxury Motors. Terms of the deal were not released.

  • WORK/LIFE BALANCING ACT

    In the social media age, private actions are company business

    As Ray Rice and others have learned, workers can be fired for inappropriate behavior in their personal lives.

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category