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Public signal · 1-minute delayed
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VBNK's shares hit a 52-week high at $14.22, closing at $13.40. Acquired Stearns Bank for $14 million, bolstering its asset base significantly. Launch of Receivable Purchase Program targets the large U.S. financing market. Expected earnings per share growth post-acquisition indicates strong profitability potential. Other finance stocks like JHG and BWB are also pursuing acquisitions.
- VBNK's shares hit a 52-week high at $14.22, closing at $13.40.
- Acquired Stearns Bank for $14 million, bolstering its asset base significantly.
- Launch of Receivable Purchase Program targets the large U.S. financing market.
- Expected earnings per share growth post-acquisition indicates strong profitability potential.
- Other finance stocks like JHG and BWB are also pursuing acquisitions.
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