Acquisition History / BankAmerica / Security Pacific Bank
BankAmerica Acquires Security Pacific Bank
Announced January 1992 — $5B
What happened
Security Pacific Bank was a company, acquired by BankAmerica for $5 billion.
- Acquirer
- BankAmerica
- Target
- Security Pacific Bank
- Announced
- January 1992
- Price
- $5B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did BankAmerica acquire Security Pacific Bank?
BankAmerica acquired Security Pacific Bank on January 1992. This was BankAmerica's 1st publicly tracked acquisition out of 1 we have on record.
How much did BankAmerica pay for Security Pacific Bank?
BankAmerica paid $5B for Security Pacific Bank.
What does Security Pacific Bank do?
Security Pacific Bank was a company, acquired by BankAmerica for $5 billion.