The Arkansas-based parent of Centennial Bank is buying the two-branch Broward Bank of Commerce for more than $33 million.
July 31, 2014 at 09:45 AM
1 minute read
An Arkansas-based financial company is dropping north of $33 million to buy a Fort Lauderdale bank, paying a significant premium to crack into the South Florida market.
Broward Bank of Commerce, which has two branches in Fort Lauderdale and a share of the Broward County market of 0.3 of a percent, will become part of Arkansas’ Home BancShares Inc.
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