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The seller, Farmers Bankshares, has $609 million of assets and eight branches.
August 18 -
Corporations are navigating shifting geopolitics, and M&A bankers are advising them as they consider selling off faraway units and focusing more on assets closer to home or in friendlier countries.
August 17 -
The West Virginia bank said its acquisition of Integrated Financial Holdings in North Carolina would give it SBA and USDA lending teams that have originated more than $1 billion of loans since 2018.
August 12 -
Rising interest rates, lower stock prices and other headwinds have caused many banks to pump the brakes on dealmaking. But some are betting that these trends will be too short-lived to deter them from engaging in mergers and acquisitions.
August 10 -
The serial acquirer agreed to pay $488.6 million for Professional Bank, which operates in areas of South Florida that have seen an influx of business activity since the start of the pandemic.
August 8 -
Robert Calloway, who served as executive vice president at the New Orleans bank before it failed in 2017, was accused of conspiracy to defraud the bank.
August 3 -
The Mississippi company said it would pay $207 million to acquire Heritage Southeast Bancorp in Atlanta. It also has a pending agreement to buy Beach Bancorp in Florida.
July 29 -
State Bankshares in North Dakota was the top performer in the $2 billion to $10 billion asset class in 2021, according to Capital Performance Group. Strong commercial lending, a national mortgage business as well as regional wealth management and insurance units offer diverse sources of growth, a company executive says.
July 28 -
The top 20 banks with assets of $2 billion to $10 billion outshined their peers in loan and revenue growth while maintaining pristine credit quality in 2021, according to a new ranking. Can they do the same this year as recession clouds gather?
July 28 -
Energy loan balances at the Oklahoma bank grew 6% from the prior quarter, and unfunded commitments to companies in the sector increased 11%. “This has been a really historic opportunity for BOK Financial Financial to take market share,” said CEO Stacy Kymes.
July 27
