The last bank partner lost was due to a financial crisis during a suffering economy. BoK on the other hand is being acquired by the holding company BB&T due to being an attractive acquirement for even greater success. BoK is successful at growing on its own to be the largest bank in Northern Kentucky. This acquirement is good news, especially for Bank of Kentucky shareholders hence why their NASDAQ stock is up 28% today.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.