BUZZ-Hoyne Bancorp jumps in Nasdaq debut after mutual-bank conversion

Reuters
2025.12.04 16:29
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U.S. lender Hoyne Bancorpjumps as much as 36.4% in Nasdaq debutStock opens at $13.35 apiece vs $10 offer price; last up 34.2% at $13.42HYNE sold 7.94 million shares for gross proceeds of $79.4 million in its stock offeringHYNE’s listing is aimed at transitioning the lender from a depositor-owned mutual bank to a shareholder-owned traditional bankEstablished in 1887, HYNE is an Illinois-chartered stock savings bank, with total assets of $453.4 million as of June 30Keefe, Bruyette & Woods acted as selling agent for the stock offering

U.S. lender Hoyne Bancorp (HYNE.O) jumps as much as 36.4% in Nasdaq debut

Stock opens at $13.35 apiece vs $10 offer price; last up 34.2% at $13.42

HYNE sold 7.94 million shares for gross proceeds of $79.4 million in its stock offering

HYNE’s listing is aimed at transitioning the lender from a depositor-owned mutual bank to a shareholder-owned traditional bank

Established in 1887, HYNE is an Illinois-chartered stock savings bank, with total assets of $453.4 million as of June 30

Keefe, Bruyette & Woods acted as selling agent for the stock offering

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