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LINKBANCORP Priced, Nasdaq: LNKB

Pennsylvania community bank with 11 branches.

Industry: Financials

Latest Trade: $6.55 0.00 (0.0%)

First Day Return: +0.7%

Return from IPO: -12.7%

Industry: Financials

We are a Pennsylvania corporation headquartered in Camp Hill, Pennsylvania and formed in 2018 with a mission to positively impact lives through community banking. In October 2018, we completed the acquisition of Stonebridge Bank, which was subsequently named LINKBANK. In September 2021, LINKBANCORP and GNB Financial Services, Inc., or GNBF, completed a strategic combination, resulting in The Gratz Bank becoming our wholly owned subsidiary. We are a bank holding company registered under the Bank Holding Company Act of 1956, as amended, or the BHC Act. The Gratz Bank is a Pennsylvania state-chartered commercial bank offering personal and business lending and deposit services to individuals, families, nonprofit and business clients throughout Central and Southeastern Pennsylvania, primarily through our digital presence on the internet and 10 client solutions centers in Chester, Cumberland, Dauphin, Lancaster, Northumberland and Schuylkill Counties. In markets other than those serviced pre-Merger by The Gratz Bank, the Bank operates as “LINKBANK, a division of The Gratz Bank.” The Bank intends to legally change its name to LINKBANK in November 2022 to create one single brand, subject to the receipt of applicable regulatory approvals.
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IPO Data
IPO File Date 09/07/2022
Offer Price $7.50
Price Range $8.00 - $9.50
Offer Shares (mm) 4.6
Deal Size ($mm) $34
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/13/2022
Offer Price $7.50
Price Range $8.00 - $9.50
Offer Shares (mm) 4.6
Deal Size ($mm) $34
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Stephens Inc.
Piper Sandler
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Company Data
Headquarters Camp Hill, PA, United States
Founded 2018
Employees 143
Website ir.linkbancorp.com

LINKBANCORP (LNKB) Performance