Florida Community Bank: Synovus completes acquisition of FCB Financial in $2.9 billion all-stock deal

One of Tampa Bay's largest banks by deposit market share has completed an all-stock $2.9 billion acquisition of FCB Financial Holdings Inc., owner of Florida Community Bank, the largest community bank in the state. The acquisition puts Synovus (NYSE: SNV), headquartered in Columbus, Georgia, onto the top five list of largest regional banks by deposits in the Southeast region, according to Lee Underwood, spokesman for Synovus. The bank has approximately $45 billion in assets, $37 billion in deposits,...