Sovereign Bank - Ownership and Business Overview

Financial ServicesCompany

Sovereign Bank Ownership

Who owns Sovereign Bank?

Sovereign Bank is owned by Veritex Holdings. It was acquired on August 1, 2017.

Sovereign Bank Business Overview

Where is Sovereign Bank headquartered?

Sovereign Bank is headquartered in Dallas, Texas.

What sector is Sovereign Bank in?

Sovereign Bank is a financial services company.

When was Sovereign Bank founded?

Sovereign Bank was founded in 2004.

Financial Services M&A Summary in 2017

Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2017. The largest financial services acquisition in 2017 was Worldpay UK - which was acquired by Worldpay for $12.0B.

Join Mergr to view all 241 acquisitions of financial services companies in 2017, including 58 acquisitions by private equity firms, and 183 by strategics.

Sovereign Bank

Sovereign Bancshares, Inc.

17950 Preston Road Suite 100,
Dallas, Texas 75252
United States,
(214) 242-1900

Sovereign Bank is a bank holding company that provides financial services including a wide range of depository services, commercial and industrial lending, SBA loans, specialized lending for the energy industry, private banking, real estate lending and treasury management services through its wholly-owned subsidiary Sovereign Bank. Sovereign Bank was founded in 2004 and based in Dallas, Texas.


Company Summary

SECTOR

Financial Services

Established

2004

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