IberiaBank acquires Dallas bank, First Private Bank - KLFY News 10

IberiaBank acquires Dallas bank, First Private Bank


IberiaBank is continuing to expand as it now will acquire a bank in Dallas, First Private Bank.

This is an important opportunity for growth in the Dallas-Fort Worth metro area, in a stock deal worth an estimated $64 million.

The agreement was announced earlier Tuesday.

First Private Bank has two branches in Dallas and Plano, Texas.

The acquisition is expected to help IberiaBank expand in the Dallas-Fort Worth metroplex, much as the bank did over the last three years in Houston.

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