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Frank Leto, Bryn Mawr’s CEO, called the acquisition of Royal Bancshares of Pennsylvania a “logical choice” for his company.
January 31
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The French company will still have a majority stake after selling 25 million shares.
January 31
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The company said it could use proceeds for repaying debt and acquisitions, among other things.
January 27 -
The merger will create a bank with more than $4 billion in assets.
January 26 -
First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.
January 25 -
The $1.9 billion deal – the industry's largest announced in 2017 – will create a bank with nearly $20 billion in assets.
January 23 -
The South Carolina company plans to use proceeds for acquisitions and organic growth.
January 20 -
About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.
January 18 -
Larry Mazza, MVB’s chief executive, joined the board at BillGO.
January 11 -
There is optimism that consolidation could bounce back from a lackluster 2016 as bank stocks rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.
January 11
