Acquisition History / NationsBank / Barnett Bank

NationsBank Acquires Barnett Bank

Announced January 1998 — $15.50B

NationsBank1998

What happened

Barnett Bank was a company, acquired by NationsBank for $15.5 billion.

Acquirer
NationsBank
Target
Barnett Bank
Announced
January 1998
Price
$15.50B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

NationsBank's acquisition history
3rd of 3 tracked deals
Disclosed prices
3 of 3 NationsBank deals
NationsBank's average disclosed price
$29.03B
NationsBank's largest disclosed deal
BankAmerica ($62B)
Tracked acquisitions in 1998
46 across all acquirers

Frequently Asked Questions About This Acquisition

When did NationsBank acquire Barnett Bank?

NationsBank acquired Barnett Bank on January 1998. This was NationsBank's 3rd publicly tracked acquisition out of 3 we have on record.

How much did NationsBank pay for Barnett Bank?

NationsBank paid $15.50B for Barnett Bank.

What does Barnett Bank do?

Barnett Bank was a company, acquired by NationsBank for $15.5 billion.

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More NationsBank acquisitions

See all 3 NationsBank acquisitions →