M&A
M&A
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ACI Worldwide announced a first-quarter loss stemming from its February acquisition of the bank technology vendor S1.
May 3 -
Standard & Poor's warned Thursday a further slowdown in the global economy and another knock to market confidence could hasten deleveraging among European banks, a development that could have a significant impact on Asian financial markets.
May 3 -
Customers Bancorp, led by Jay Sidhu, is set to go public. The one-time Sovereign Bank chief and others say he has learned from the past about how to balance internal growth and acquisitions.
May 3 -
If the anticipated wave of merger-and-acquisition activity in the banking industry ever hits, Blackhawk Bancorp in Beloit, Wis., wants to be ready for it.
May 2 -
Demand for these deals has risen in a liquid market, issuers are plentiful — but returns vary.
May 2 -
Electronic payments products are boosting revenue for core providers Fiserv and Jack Henry & Associates.
May 2 -
Atlantic Coast Financial (ACFC) of Jacksonville, Fla., reported a narrower loss in the first quarter than in previous quarters as it reduced its overhead and reiterated that it is still considering selling itself.
May 2 -
One of the obstacles to an acquisition is that the offers never make it to the board. They tend to come first through the target's CEO, who stands to lose a job (and compensation) in any sale.
May 2 -
Bryn Mawr Trust Company in Pennsylvania is expanding its banking operations into Delaware to go along with its wealth management business there.
May 2 -
EverBank Financial in Jacksonville, Fla., has reduced the size of its planned initial public offering, saying in an SEC filing it will offer 19.2 million shares to the public at $11 to $12 each, not the 12 to $14 each initially planned.
May 2 - PSO content
Fulton County, Ga. officials have hired four debt-collection agencies to pursue some $7 million in past-due fines and fees.
May 2 -
LAS VEGAS — Troubled Silver State Schools CU said this afternoon it lost another $3.5 million for the first quarter, erasing all of its remaining net worth and leaving it only with the emergency assistance provided by its private deposit insurer ASI.
May 1 - Florida
Ovation Holdings Inc. has agreed to buy most of Royal Palm Bank in Florida from Mercantile Bancorp.
May 1 -
Bar Harbor Bankshares (BHB) in Maine has struck its first deal in its 125-year history, announcing late Tuesday that it is buying substantially all of the assets and deposits of Border Trust Company in Augusta.
May 1 -
The San Luis Obispo, Calif., bank in five years went from a start-up to the winner in a bidding war between two bank suitors. Picking a good location and keeping its nose clean paid off, CEO Mark Crawford said.
May 1 -
Tired of sifting through struggling banks looking for a savior, some aspiring buyers are approaching healthy banks about acquisitions.
May 1 -
Continuing its rapid expansion throughout the Northeast, Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., said Tuesday that it has acquired Greenpark Mortgage Corporation of Needham, Mass.
May 1 -
Executive compensation has been an important topic in the investor community for over a decade. Unfortunately, shareholders have gone largely unheard and the issue has been little more than a blip on the radar of corporate America.
May 1 -
Eagle Bancorp (EGBN) of Bethesda, Md., could raise up to $35 million for general corporate purposes, including potential acquisitions and organic growth.
May 1 -
Independent Bank Corp. (INDB) of Rockland, Mass., has agreed to acquire Central Bancorp (CEBK) of Somerville, Mass., for $54.8 million in cash and stock.
May 1



