-
Frontwave Credit Union said it would acquire Community Valley Bank in a deal that would expand its footprint in San Diego and nearby counties. It comes on the heels of a record year for CU-bank combinations.
By Jim DobbsJanuary 22 -
The Indiana-based company grew fourth-quarter loans and profits in part because of an acquisition in Nashville, and it expects to bulk up further with a deal in Minnesota's Twin Cities that was among the largest announced in 2024.
By Jim DobbsJanuary 21 -
The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.
By Jim DobbsJanuary 17 -
A midweek rally followed robust bottom-line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.
By Jim DobbsJanuary 16 -
Advisors predicted that more banks will do deals and those transactions will be larger in 2025 amid expectations for lighter regulatory scrutiny.
By Jim DobbsJanuary 15 -
The bank said it would acquire Bank of Idaho for $245.4 million in stock. It marked the 12th bank deal for Glacier over the past decade.
By Jim DobbsJanuary 14 -
Mutual Federal Bancorp nixed its planned acquisition of Pulaski Savings Bank. It did not disclose a reason for the deal termination.
By Jim DobbsJanuary 13 -
Heightened expectations for increased economic activity could boost loan demand after a soft 2024.
By Jim DobbsJanuary 8 -
Florida-based Amerant Bancorp recently restructured its securities portfolio after selling its Houston branches.
By Jim DobbsJanuary 6 -
Lenders across the country promoted from within to fill top executive roles, including First International Bank & Trust in Watford City, North Dakota.
By Jim DobbsJanuary 3