Sterlington Advises TriCo Bancshares Senior Management Team on $2.02 Billion Acquisition by First Hawaiian
Sterlington advised the senior management team of TriCo Bancshares on its acquisition by First Hawaiian, Inc. in an all-stock transaction valued at approximately $2.02 billion. The combined company will have approximately $34 billion in total assets, becoming the 6th largest bank headquartered in the Western United States.
Why it matters — FHB watchers would note this acquisition significantly expands First Hawaiian's scale and competitive position in the Western U.S. banking market.