has been acquired by
Mufson Howe Hunter & Company is pleased to announce that Fidelity Bancorp, Inc. (Nasdaq:FSBI) has been acquired by WesBanco, Inc. (Nasdaq:WSBC).
Fidelity Bancorp, a $666 million regional thrift holding company, operates 13 full-service banking branches in metropolitan and suburban Pittsburgh, PA. The acquisition provides a significant entry into the Pittsburgh market for WesBanco, a $5.5 billion bank holding company, which operates 112 full-service banking branches in West Virginia, Ohio and Pennsylvania.
Mufson Howe Hunter initiated the transaction and acted as the exclusive financial advisor to Fidelity Bancorp, Inc. This engagement underscores MHH's commitment to partnering with leading financial and business services companies.