Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.
The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation.
The Tennessee company has been buying banks in smaller markets and college towns where it rarely has to compete with financial giants.
Jose Vazquez Jr., who previously worked for Popular Community Bank, will oversee commercial lending and treasury management services.
Lower taxes mean more earnings, higher capital levels and perhaps a psychological boost for buyers.
Neff, who joined the company in 1999, gained oversight of retail banking with the promotion.
The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank. Its CEO has to clear those hurdles and convince investors steady growth is ahead.
David Becker is trying to prove to investors that his Indiana bank can succeed over the long term. With the rise of online banking and fintech firms, Becker is a community banker worth watching in the new year.
Banks are looking for ways to capture and retain deposits as interest rates rise, including promotional offers and focusing on relationship banking.
The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.
Executives at small banks are wary about 2018 as concerns about lackluster loan demand, low yields and rising deposit prices abound.
John Kimberly, who was CEO of a bank that CAB bought in 2014, is set to take the helm on Jan. 1.
The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.
MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes.
The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.
Columbia Financial will sell about 43% of its stock in a public offering that could raise up to $493 million.
Eagle Bancorp vigorously defended itself after a potential short seller made claims of dubious insider dealings, pushing back harder than many banks have in the past.
Eagle is trying to debunk claims by Aurelius Value that CEO Ronald Paul and other directors are involved in an insider loan scheme. Eagle dismissed the report as an effort by short sellers to manipulate its stock.
The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal.
Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals.