IBERIABANK to acquire Gibraltar Private Bank & Trust for $220m.

IBERIABANK, a holding company has acquired Gibraltar Private Bank & Trust for $220m. The company's closing common stock price was $77 per share on March 23, 2018. "We are pleased to join such a high-quality institution as IBERIABANK. I am extremely proud of the franchise we have built at Gibraltar Private and am delighted to partner with an institution that shares our commitment to excellence in client service, provides an expansive product set, and has the financial strength necessary to execute its strategy." Angel Medina, Jr., Gibraltar Private Bank & Trust President and CEO.