M&A
M&A
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Heartland BancCorp in Gahanna, Ohio, has raised $5.4 million in a private placement.
November 13 -
BankUnited expects to receive about $393 million in proceeds from the offering. It plans to use the proceeds for general corporate purposes, including investments in and advances to its bank subsidiary.
November 13 -
Bank Leumi's conservatism helped it stay profitable during the financial crisis. The bank, a unit of Leumi Group in Israel, is ready to get more aggressive in areas such as technology lending.
November 13 - Michigan
Ally Financial in Detroit plans to redeem about $1.3 billion of preferred stock, opening the door to a possible stock buyback next year.
November 13 - Missouri
Royal Banks of Missouri in University City has agreed to buy Frontenac Bank in Earth City, Mo.
November 13 -
Scott Kavanaugh, CEO of First Foundation Bank in Irvine, Calif., talks about running a startup bank during the financial crisis. The drought in de novos will likely continue because of high compliance costs, he said.
November 13 -
Citigroup's OneMain Financial unit won U.S. antitrust approval for its sale to Springleaf Holdings after the companies agreed to sell branches.
November 13 -
Hilltop Holdings in Dallas has rebranded its securities unit as it prepared to combine two broker-dealer businesses it picked up from a recent acquisition.
November 13 -
NCR has reached an agreement for an $820 million investment from private equity giant Blackstone Group, which it will use to fund a $1 billion stock buyback.
November 12 -
The Illinois company has lined up two small acquisitions near Chicago to surpass $10 billion in assets, a mark that brings added regulatory oversight. As a result, analysts expect First Midwest to string together more deals in 2016 to increase revenue and improve efficiency.
November 12 -
First Midwest Bancorp in Itasca, Ill., has agreed to buy NI Bancshares in Sycamore, Ill.
November 12 -
Stonebridge Financial in West Chester, Pa., plans to sell its bank through bankruptcy proceedings.
November 11 -
Mid Penn Bancorp in Millersburg, Pa., plans to exit the Small Business Lending Fund program and redeem a separate pool of preferred stock through an upcoming debt sale.
November 11 -
First Republic Bank in San Francisco plans to raise up to $230 million from an offering of common stock.
November 11 -
For years, UMB Financial rode fee-income gains from the expansion of its asset management unit to some strong quarters. But the unit's production has waned lately forcing the company to rethink its expense base and management structure.
November 11 -
RBB Bancorp in Los Angeles has agreed to buy TFC Holding, the parent of TomatoBank in Los Angeles.
November 11 -
Given that Bank of the Ozarks has agreed to pay handsomely for C1 Financial in Florida, the relatively scarce number of large institutions in the state could command higher prices from acquirers.
November 10 - Indiana
First Farmers Financial in Converse, Ind., has agreed to buy Citizens Exchange Bank in Fairmount, Ind.
November 10 -
The $12.6 billion-asset United said in a press release Monday that it will pay $269 million, or $37 a share, in stock for the $1.2 billion-asset Bank of Georgetown.
November 9 -
The $9.3 billion-asset Bank of the Ozarks said in a press release Monday that it will pay $402.5 million, or $25 a share, in stock for the $1.7 billion-asset C1 Financial.
November 9




