This feature has the latest news from the mutual bank conversion space. As of Jan. 22, one conversion was in the pipeline.
Cincinnati-based Cincinnati Bancorp Inc.'s second-stage conversion offering was oversubscribed in Tier 1 and priced at the supermax. The new shares are expected to begin trading Jan. 23.
The new shares of Brookfield, Wis.-based FFBW Inc began trading Jan. 17, closing up 7.5% from the $10 offering price.
Shares of Teaneck, N.J.-based Bogota Financial Corp. began trading Jan. 16, closing up 15.9% from the $10 initial public offering price.
Click here for Bogota Financial's conversion spotlight.
Click here to download a template showing the conversion pipeline, the market performance of recent conversions, the valuations of mutual holding companies and a list of conversion candidates.
Other conversion features
For many, mutual bank conversions are a precursor to a sale
Mutual bank conversion year in review for 2019
Mutual bank conversion adviser rankings in 2019
Other news stories about mutuals, MHCs, recent conversions and activist investors
Southern Missouri Bancorp to buy Central Federal Bancshares in $24M deal
Freedom National Bank to merge into Bristol County Savings Bank
Monson Savings Bank's president to retire in 2021
We encourage reader participation and feedback to ensure that these tables remain as timely and comprehensive as possible. Please forward any suggestions to ConversionNews@snl.com.