St. Pete’s Climate First Bank explores IPO
September 29, 2025 - St. Petersburg-based Climate First Bank has selected investment firm Piper Sandler to explore a planned initial public offering (IPO) in 2026 or 2027. The environmentally-focused community bank surpassed $1.3 billion in assets earlier this year and launched a $100 million capital raise in April 2024. A public listing would help Climate First achieve its ambitious goal of reaching $10 billion in assets by 2031.