FIG Partners Served As Lead Manager In $23 Million Stock Offering For FNCB Bancorp, Inc.

FIG Has Raised More Than $4.6 Billion In Equity Capital In 139 Offerings 

ATLANTA, February 11, 2018 — FNCB Bancorp, Inc. (Nasdaq: FNCB) has closed its underwritten public offering of 3,285,550 shares of its common stock at $7.00 per share.

FIG Served As Lead Manager In $23 Million Stock Offering For FNCB Bancorp, Inc.The net proceeds totaled approximately $21.2 million after deducting underwriting discounts and estimated offering expenses. The offering included the full exercise by the underwriter to purchase an additional 428,550 shares.

FNCB Bancorp, Inc. intends to use the net proceeds from the offering for general corporate purposes, including the contribution of a portion of the proceeds to FNCB Bank, its wholly-owned subsidiary, as additional capital to support growth in its lending and investment operations.

The FIG team included Greg GersackSenior Managing Principal and Co-Head of Investment Banking; Dan Flaherty, Principal; and Lozan Aleksandrov, Senior Vice President and Deputy Head of Capital Markets.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

FIG Advised Citizens Community Bancorp, Inc. In Acquisition Of F. & M. Bancorp of Tomah, Inc.