Sun Bank - Ownership and Business Overview

Financial ServicesCompany

Sun Bank Ownership

Who owns Sun Bank?

Sun Bank is owned by OceanFirst Financial. It was acquired on June 30, 2017.

Sun Bank Business Overview

Where is Sun Bank headquartered?

Sun Bank is headquartered in Mount Laurel, New Jersey.

What is Sun Bank’s revenue?

Sun Bank disclosed revenue of 98M USD for 2015 and 108M USD for 2014.

What sector is Sun Bank in?

Sun Bank is a financial services company.

When was Sun Bank founded?

Sun Bank was founded in 1985.

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 243 acquisitions of financial services companies in 2017, including 60 acquisitions by private equity firms, and 183 by strategics.

Sun Bank

Sun Bancorp Inc.

350 Fellowship Road Suite 101,
Mount Laurel, New Jersey 08054
United States,
(856) 691-7700
www.sunnb.com

Sun Bank is a provider of commercial and retail banking services. Sun Bank serves the New Jersey region with community banking centers across eleven New Jersey counties, as well as through commercial lending offices in Edison and Mount Laurel, New Jersey, and Manhattan, New York. Sun Bank is based in Mount Laurel, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '03 '04 '05 '06 '07 '08 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.2/yr) # - - - - - 1 1
  1

Most Recent M&A

Company Date Value Type
Sun National Bank - Delaware Branch Network 2008-07-28 - Divestiture
, Delaware
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
United States - - 1 -
  Delaware - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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