M&A
M&A
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Delaware Bancshares in New York thought it was set to grow and diversify after buying six Bank of America branches. Instead, the deal led to the company selling itself.
April 22 -
F.N.B.'s acquisition of Metro Bancorp bulked up the Pittsburgh company's loan book, but M&A costs ate into its first-quarter profit.
April 22 -
Western Alliance Bancorp. in Phoenix reported higher first-quarter profit as its remains a busy dealmaker.
April 21 -
Some are looking at buying banks or counting on recently announced acquisitions to diversify revenue streams. Others are investing in fee-based businesses and new technologies and all, of course, are trying to keep a lid on expenses.
April 21 -
People's United Financial in Bridgeport, Conn., reported higher first-quarter profits as it increased lending for both commercial and residential real estate.
April 21 -
High Point Bank considered bulking up to the size of other community banks in its market but quickly realized that the strategy would involve significant expense, risk and capital. So the company ended up selling to BNC Bancorp.
April 21 -
There are countless considerations banks face when joining another institution, but blending two distinct organizational philosophies into a healthy culture must be a top priority.
April 21 -
Wider margins and expense control boosted quarterly profits at BB&T in Winston-Salem, N.C.
April 21 -
Glacier Bancorp in Kalispell, Mont., has agreed to buy Treasure State Bank in Missoula, Mont., for $12.9 million in cash and stock
April 21 -
TCF Financial in Wayzata, Minn., reported sharply higher profits driven by gains on the sale of auto loans even as auto-related chargeoffs rose.
April 21 -
Competitive pricing and softening demand at the high end of the apartment- and condo-building market had executives at BankUnited, Signature and New York Community answering tough questions about their growth projections and diversification strategies.
April 20 -
Banc of California in Irvine is expanding its commercial bank by starting units specializing in health care, municipals and nonprofit banking.
April 20 - Michigan
University Bancorp in Michigan says the main goal of its recent debt offering was to raise capital, but it also was designed to comply with Sharia and other religious standards that guard against usury.
April 20 -
Strong investor demand for two recent securitizations by Navient, the largest servicer of federally guaranteed student loans, suggests that banks may soon have an opportunity to resume unloading such assets.
April 20 -
Emigrant Bank in New York has asked for regulatory approval to double its ownership stake in The Bancorp in Wilmington, Del.
April 20 -
Two St. Louis-area investors have been indicted on charges they defrauded the failed Excel Bank on real estate loans.
April 20 -
Recent steps by New York Community Bancorp to lower its borrowing costs paid off last quarter in higher net interest income and profits.
April 20 -
MB Financial in Chicago said its first-quarter profit rose 15.6% from a year earlier as fee income rose and expenses fell.
April 19 -
After another disappointing quarter, Comerica is promising big changes in its ongoing quest to improve returns to shareholders. It appears to be considering all options, including selling off business lines and perhaps even merging with another institution.
April 19 -
Sometimes boards have to police their own, as an insider-trading case involving a Pinnacle Financial director shows. The risks are especially high when banks enter confidential merger talks.
April 19








