trending Market Intelligence /marketintelligence/en/news-insights/trending/bt8GhKoc1VG9yXdzLgvVOQ2 content esgSubNav
In This List

Sandy Spring-WashingtonFirst deal receives regulatory approvals

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Sandy Spring-WashingtonFirst deal receives regulatory approvals

The Federal Reserve, the Maryland Office of the Commissioner of Financial Regulation, and the Virginia State Corporation Commission have granted approvals related to Sandy Spring Bancorp Inc.'s deal for WashingtonFirst Bankshares Inc.

The transaction earlier received shareholder approval.

Olney, Md.-based Sandy Spring's $488.9 million all-stock deal for Reston, Va.-based WashingtonFirst is expected to close Jan. 1, 2018, resulting in a company with about $7.5 billion in assets.