trending Market Intelligence /marketintelligence/en/news-insights/trending/2lqtfpzr_mw_2feyob7nlg2 content esgSubNav
In This List

Stifel completes acquisition of Business Bancshares

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Stifel completes acquisition of Business Bancshares

St. Louis-based Stifel Financial Corp. completed its acquisition of Clayton, Mo.-based Business Bancshares Inc. and unit Business Bank of Saint Louis, effective Aug. 31.

Upon deal closing, Business Bank of Saint Louis was renamed Stifel Bank.

On a consolidated basis, Business Bancshares had approximately $607 million in assets, $500 million in loans and $522 million in total deposits as of June 30. Meanwhile, Stifel had $22.61 billion in assets as of the same date, according to S&P Global Market Intelligence.