ABCW News

County Bancorp, a Wisconsin bank focused on dairy-related lending with over $700 million of assets, filed on Monday with the SEC to raise up to $23 million in an initial public offering. The company operates Investors Community Bank and owns two full service locations in Manitowoc and Stevens Point, along with loan production offices in Darlington, Eau Claire and Fond du Lac. ...read more

Three IPOs raised $164 million, bringing the year's total up to 231 offerings and $74 billion in proceeds. Six deals were expected to raise $550 million to make it the first week in over a month to raise under $1 billion. However, three of those postponed, including the two largest, Fifth Street Asset Management and Electronic Cigarettes International, so that the IPO...read more

Anchor BanCorp Wisconsin, the third largest bank headquartered in Wisconsin with 54 locations, raised $10 million by offering 0.4 million shares at $26, within the range of $25 to $27. Anchor BanCorp Wisconsin plans to list on the NASDAQ under the symbol ABCW. Sandler O'Neill acted as the lead manager on the deal....read more

5 IPOs are expected to raise $456 million during the week of October 20. After five straight weeks of raising over $1 billion, the IPO market appears to have chilled due to the broader market selloff and weaker returns. Aside from two small health care companies and one small bank offering, this week's hodgepodge of IPOs includes a $200 million deal from Fifth Street Asset...read more