MapleMark Bank Acquired by Scotiabank | Financial Services M&A Deal

Scotiabank has acquired MapleMark Bank, a banking business in Texas, for $1 billion. MapleMark Bank, operating primarily in the Dallas-Fort Worth Metroplex, serves middle-market companies and high net worth individuals with deposit and lending products. Scotiabank acquisitions in financial services M&A expand its Texas footprint and broaden FDIC-insured deposit offerings for local clients. The strategic acquisition is part of Scotiabank’s broader Dallas expansion, with financial terms reported as undisclosed and deal size cited at about $1 billion.