MB Financial

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MB Financial
MB Financial
Company type Public
Industry
PredecessorMid-City National Bank
Manufacturers National Bank [1]
Founded1911;113 years ago (1911) [2]
DefunctMarch 22, 2019;5 years ago (2019-03-22)
FateBought by Fifth Third Bank
Successor Fifth Third Bank
Headquarters,
U.S.
Area served
Regional
Products Consumer banking, corporate banking, private banking, financial analysis, insurance, investment banking, mortgage loans, private equity, wealth management, credit cards
Revenue$979 million (2018)
Website mbfinancial.com

MB Financial was a financial institution headquartered in Chicago, Illinois until its purchase by Fifth Third Bank in 2018, [3] which was then completed the following year. [4] The bank previously sponsored Bike the Drive from 2010 through 2018, at which point Fifth Third took over the sponsorship upon the purchase's completion.

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References

  1. "MB: The bank behind the businesses that helped build Chicago" (PDF). gaynorcommunications.com.
  2. "MB Financial Bank Overview". PitchBook.
  3. "Fifth Third spends $4.7 billion for Chicago's MB Financial". USA Today .
  4. "Fifth Third Bancorp Completes Merger With MB Financial, Inc". ir.53.com.