
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.
The $71 million transaction is the latest in a series of acquisitions by Seacoast in recent months.
The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.
First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition.
The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.
Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.
Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.
Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.
The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.
The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.
First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.