trending Market Intelligence /marketintelligence/en/news-insights/trending/EWIxPoy38fn0WqX2KZom2w2 content esgSubNav
In This List

Seidman declares stake in Fairport, NY-based FSB Bancorp

Blog

Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines


Seidman declares stake in Fairport, NY-based FSB Bancorp

Lawrence Seidman and related investment vehicles now beneficially own 116,100 FSB Bancorp Inc. shares, or an aggregate 6.00% stake in the Fairport, N.Y.-based company.

The group, which includes Seidman & Associates LLC and Veteri Place Corp., paid a total of $1.8 million for its holdings. Seidman on Nov. 22 spoke with CFO and COO Kevin Maroney, during which the investor suggested the payment of a special dividend and the continued acceleration of the buyback plan, among other ways to maximize shareholder value.