M&A
M&A
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Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times.
December 18 -
The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans.
December 18 -
Southeastern Trust is being sold to a group led by the unit's management team.
December 18 -
The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.
December 18 -
The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.
December 18 -
The purchase will significantly increase Hancock's assets under management and administration.
December 18 -
Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built it into a regional powerhouse with $120 billion of assets and operations in a dozen states.
December 17 -
For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.
December 15 -
The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018.
December 15 -
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.
December 15 -
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.
December 15 -
The company, which had recently expressed confidence that the issue would be resolved, agreed last month to buy a bank in Florida.
December 14 -
The holding company structure makes sense for large banks with complex business models and small banks looking to bulk up through acquisitions. But for a large swath of banks in the middle, the benefits are harder to spot.
December 14 -
Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.
December 14 -
Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up efforts to challenge Amazon.com Inc. in e-commerce orders.
December 13 -
The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast.
December 13 -
The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.
December 13 -
The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.
December 13 -
Gemalto’s business boomed a couple of years ago at the peak of the U.S. EMV migration, but when new card orders tapered off and payments technology turned in new directions, the company’s profits got hammered.
December 12 -
The resulting institution will have more than $126 million in assets.
December 12

















