Bank One - M&A Summary and Business Overview

Financial ServicesCompany

Bank One M&A Summary

Bank One has acquired 2 companies. It has also divested 1 asset.

It’s largest disclosed sale occurred in 1998, when it sold Bank One Corp - 17 Branches to IBERIABANK for $31M. Bank One has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Bank One Business Overview

Where is Bank One headquartered?

Bank One is headquartered in Chicago, Illinois.

How many employees does Bank One have?

Bank One has 71,196 employees.

What sector is Bank One in?

Bank One is a financial services company.

When was Bank One founded?

Bank One was founded in 1998.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Bank One Corp.

1 Bank One Plaza,
Chicago, Illinois 60670
United States,
(312) 732-4000
www.bankone.com

Bank One is a bank holding company, with assets of $290 billion. Bank One has more than 51 million credit cards issued, and serves nearly 7 million retail households and more than 20,000 middle market customers. It also manages $175 billion of clients' investment assets. Bank One is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year '98 T
Buy (1.0/yr) # 1 2
Sell (1.0/yr) # 1 1
vol $31M $31M
  3

Most Recent M&A

Company Date Value Type
First Chicago NBD Corp. 1998-10-02 - Add-on Acquisition
Chicago, Illinois
Bank One Corp - 17 Branches 1998-09-11 31M USD Divestiture
, United States
First USA, Inc. 1997-06-27 - Add-on Acquisition
Dallas, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (100%) - 1 (100%) 31M (100%)
Total 2 - 1 $31M

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 31M
  Texas 1 - - -
  Illinois 1 - - -
Total 2 - 1 $31M

Deal Values

sell # Total
< $100M 1 $31M
TOTAL $31M
Largest Bank One Corp - 17 Branches
$31M (1998-09-11)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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