National Penn Bancshares Inc.
NPBC
NASDAQ10.72
USD
+0.05
- -
CIK
0000700733
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- IPO Date
- Jan 4, 2016
- CIK
- 0000700733
- Similar Companies
- Business
- National Penn Bancshares, Inc. (NPBC) operates as a bank holding company providing regional banking and financial services through its subsidiaries. The company offers commercial banking, consumer banking, deposit products including checking, savings, money market accounts and certificates of deposit; lending services such as commercial real estate loans, business loans, residential mortgages and consumer loans; wealth management and trust services via National Penn Wealth Management, N.A. and National Penn Investors Trust Company division; investment advisory services through National Penn Capital Advisors, Inc. and Institutional Advisors, LLC; and insurance brokerage through National Penn Insurance Services Group, Inc., including Higgins Insurance and Caruso Benefits divisions. National Penn Bank maintains approximately 124 branches across Pennsylvania, New Jersey and Maryland, targeting retail, small business, commercial and institutional customers in a 14-county market area in Pennsylvania encompassing Berks, Bucks, Carbon, Centre, Chester, Delaware, Lancaster, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Philadelphia and Schuylkill counties, with limited presence in Maryland. Founded in 1874 as The National Bank of Boyertown and headquartered in Allentown, Pennsylvania, the company went public in 1982 and adopted its current name in 1993 following a series of 12 acquisitions since 1990. In August 2015, National Penn Bancshares entered a definitive agreement to be acquired by BB&T Corporation in a cash-and-stock transaction valued at approximately $1.8 billion, with the merger completing on April 1, 2016; this resulted in the integration of National Penn's 126 branches into BB&T's network, establishment of a new community banking region in northern Pennsylvania headquartered in Allentown, and systems conversion later that year, while BB&T assumed $9.6 billion in assets and $6.7 billion in deposits.