
Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered.
The company agreed to aquire United Bancorp. for $51 million.
Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.
The company will pay $48 million for four branches and $230 million in loans.
Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares.
The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.
C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May.
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.
The acquisition will help Carolina Trust expand its operations around Charlotte.