Mobile apps and the ATM are rapidly becoming alternative touch points for many customers. But does that mean that bank branches are dinosaurs? The answer... Read More
As commercial real estate lending gained momentum in 2013, so did the percentage of banks with CRE concentrations. We measure the changes since the first quarter of 2007, breaking down the data by the asset size of the banks and the states where they are based.
There were a lot of deals last month involving larger community banks, and prices rose nearly 60% from a year earlier. The results will only feed more of those kinds of transactions.
Here’s one sign that what has been called a mounting student debt crisis has begun to hurt lenders: write-offs jumped 46% during the first eight months of 2013 compared with the same period in 2012.
Millennials are not only taking on much more debt than previous generations, but they may not ever be able to pay it off in their lifetimes, according to a first-of-its-kind study. The same study also shows that banks can do something to help, though.
In his annual shareholder address, the longtime CEO explained how M&T is working to fix its BSA compliance issues, took a swipe at megabanks and sang the praises of the bank's hometown.
The Charlotte, N.C., bank offers a model for other community banks that have expanded quickly in recent years but face a pricier M&A market: focus on smaller deals that provide additional liquidity and plug geographic holes.
Predictions vary widely on how hard it will be for foreign banks to comply with a new capital rule from the Federal Reserve. Many will have to sell branches or loans, or they may just need to shuffle some legal paperwork, depending on whom you speak with.
Many banks are eager to bulk up through acquisitions, but most have very specific criteria in what they want and are unwilling to settle for anything less, says McGladrey's Bob Browne.
Eastern Bank, a mutual thrift in Boston, can only offer cash when trying to buy other banks. Many sellers prefer stock, but Eastern has been able to consistently make acquisitions using its all-cash approach.
Two of the three major nonbank mortgage servicers are sticking by plans to acquire more portfolios from banks this year, despite regulatory scrutiny and concern they are growing too fast.
Bankers gathered for the ICBA convention in Hawaii say intensifying competition from larger players is prompting more discussion about the need to gain scale — most likely through consolidation.
Bryn Mawr Bank in Pennsylvania starts every acquisition discussion the same way: the top talent agrees to stay or Bryn Mawr is not interested in pursuing a deal. It's a lesson for anyone considering buying or selling a bank.
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As the industry evolves, American Banker keeps pace. Going beyond breaking news and headline events, American Banker's editorial staff digs deeper than the mainstream business press to identify and analyze trends.
