Loading...
Loading...
Capital Pacific Bancorp
CPBO raised $3.2 million in a private placement of common stock with a group of experienced bank investors at $4.35 per share. The investment signals a strong commitment to the bank's innovative business model and concentration as a business bank.
“The infusion of new capital allows us to move to the next level in our strategic plan, capitalize on market opportunities with the expansion of our sales force, and broaden our reach into the business community,” said Mark Stevenson, CEO.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: NewsInsider Trades
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in