Provident Bank and Lakeland Bank are joining forces under a $1.3 billion merger announced Tuesday, bringing together two key lenders in the state’s commercial real estate sector.
Citizens Financial Group Inc. has agreed to acquire Investors Bancorp Inc., the Short Hills-based lender and a major player in recent years in New Jersey commercial real estate finance.
The parent company of Provident Bank is set to acquire SB One Bancorp, paving the way for what would be the third-largest lending institution in New Jersey.
