Scotiabank says it has entered into a definitive agreement to acquire Maple Financial Holdings Inc., the parent company of MapleMark Bank. MapleMark Bank operates as a U.S. commercial bank with its operations primarily based in Dallas, Texas. The announcement is dated May 29, 2026.
Reporting across outlets describes the deal as part of Scotiabank’s expansion plans in the U.S. market, including its structured- and mortgage-finance activities. American Banker characterizes MapleMark as a small Dallas bank and links the acquisition to Scotiabank’s efforts to grow its presence in the American mortgage industry.
The articles cited do not provide full deal terms in the excerpts provided, such as the purchase price, expected closing timeline, or specific regulatory approvals. They also do not detail the conditions of the agreement beyond noting that it is definitive. Overall, the sources converge on the same core facts: Scotiabank’s announced agreement to buy Maple Financial Holdings and MapleMark Bank’s Dallas-focused U.S. operations.
