Acquisition History / NBD Bancorp / Pontiac State Bank

NBD Bancorp Acquires Pontiac State Bank

Announced January 1984 — $65M

NBD Bancorp1984

What happened

Pontiac State Bank was a company, acquired by NBD Bancorp for $65 million.

Acquirer
NBD Bancorp
Target
Pontiac State Bank
Announced
January 1984
Price
$65M
Buyer type
Strategic acquirer
Status
Closed

By the numbers

NBD Bancorp's acquisition history
1st of 15 tracked deals
Disclosed prices
15 of 15 NBD Bancorp deals
NBD Bancorp's average disclosed price
$525.2M
NBD Bancorp's largest disclosed deal
First Chicago Bank ($5.30B)
Tracked acquisitions in 1984
1 across all acquirers

Frequently Asked Questions About This Acquisition

When did NBD Bancorp acquire Pontiac State Bank?

NBD Bancorp acquired Pontiac State Bank on January 1984. This was NBD Bancorp's 1st publicly tracked acquisition out of 15 we have on record.

How much did NBD Bancorp pay for Pontiac State Bank?

NBD Bancorp paid $65M for Pontiac State Bank.

What does Pontiac State Bank do?

Pontiac State Bank was a company, acquired by NBD Bancorp for $65 million.

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