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.
Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be.
Triumph Bancorp in Dallas has successfully taken chances on out-of-state acquisitions, factoring and other nontraditional strategies that many of its peers have avoided.
Anchor Bancorp is a much smaller bank, but Old National says it has a lot to learn about middle-market C&I from its new merger partner.
The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp.
First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO.
The Westbury, N.Y., company reported a 15% drop in earnings despite recording a large gain on the sale of some securities.
The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.
Union Bankshares in Virginia lost several key lending officers after it bought StellarOne. Management as a result has made changes to minimize employee flight from its latest M&A target, Xenith Bankshares.
The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value.
KeyCorp also recorded a gain after buying the remaining ownership interest in a merchant services joint venture.