Pb Bankshares Inc is a financial services holding company that primarily operates through its subsidiary bank, offering a range of banking services to individual and commercial customers. The company provides services such as checking and savings accounts, loans, mortgages, and wealth management solutions. Focusing on community banking, Pb Bankshares aims to meet the needs of its local clientele by fostering strong relationships and supporting economic growth within its service areas. The bank emphasizes personalized customer service and strives to enhance financial well-being for its customers through innovative banking solutions. Read More
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PB Bankshares, Inc. (NASDAQ: PBBK) to Norwood Financial Corp is fair to PB Bankshares shareholders. Under the terms of the proposed transaction, PB Bankshares’ shareholders will have the option to elect to receive either 0.7850 shares of Norwood common stock or $19.75 in cash for each common share of PB Bankshares they own. The election is subject to proration to ensure that, in the aggregate, 80% of the transaction consideration will be paid in the form of Norwood common stock.
HONESDALE, Pa. and COATESVILLE, Pa., July 07, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp (“Norwood Financial”) (NASDAQ: NWFL), headquartered in Honesdale, Pennsylvania, and PB Bankshares, Inc. (“Presence”) (NASDAQ: PBBK), headquartered in Coatesville, Pennsylvania, jointly announced today that both companies’ boards of directors have unanimously approved an agreement and plan of merger (the “Agreement”) pursuant to which Presence will merge with and into Norwood.
