M&A
M&A
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Iberiabank Corp. in Lafayette, La., was initially willing to pay up to $24 million more than what it eventually agreed to pay for Florida Bank Group in Tampa.
November 13 -
J. Thomas Wiley will become chief executive of the company's banking unit. The move could free up Joe Evans, the company's CEO, to focus on deploying capital, which could include more acquisitions.
November 13 -
BB&T successfully bought a number of thrifts in the aftermath of the S&L crisis. Retired BB&T CEO John Allison explains his companys success while discussing how he sold deals to leaders of target institutions. Part 3 of 5.
November 13 -
Sturgis Bancorp in Sturgis, Mich., has agreed to buy West Michigan Savings Bank in Bangor.
November 12 -
Kelly King of BB&T is an M&A trailblazer, but he isn't doing so intentionally. In announcing plans to buy Susquehanna Bancshares, King said he believes more bankers are becoming more confident maneuvering the choppy regulatory environment.
November 12 -
Richard Davis, asked during a conference about BB&T's $2.5 billion purchase of Susquehanna Bancshares, made it clear that his company has no interest in large, out-of-market acquisitions.
November 12 -
While banks have spent tens of billions of dollars to settle investigations related to the sale of faulty mortgages, probes into everything from foreign-exchange trading to subprime automobile lending are forcing many of them to continue adding to their legal reserves.
November 12 -
HomeTrust Bancshares in Asheville, N.C., has hired a team of commercial lenders to open its first office in Raleigh, N.C.
November 12 -
Retired BB&T CEO John A. Allison shares tips on brokering a deal and making an acquisition thrive in his latest book. This is part 2 of 5.
November 12 -
BB&T has agreed to buy Susquehanna Bancshares for about $2.5 billion in cash and shares to expand in the Mid-Atlantic region.
November 12 -
The new owners of First Mariner Bank believe the Baltimore bank could return to profitability in the first quarter.
November 12 -
BB&T completed more than 100 acquisitions under now-retired Chief Executive John A. Allison. In an excerpt from his latest book, Allison discusses his reasoning for M&A, while providing a blueprint for scouting targets. This is part 1 of 5.
November 11 -
Banc of California has completed its acquisition of the Southern California branch network of Popular Community Bank.
November 10 -
First Niagara Financial Group raised to $1.1 billion the amount of the goodwill impairment charge it recorded in the third quarter, as the Buffalo, N.Y., company cuts the value of assets acquired since 2009.
November 10 -
Harvard Illinois Bancorp in Harvard, Ill., which recently disclosed that it had been exposed to a fraud scheme involving certain investments, has hired an investment bank to help it "evaluate strategic alternatives."
November 10 -
Central Bancshares in Muscatine, Iowa, has agreed to buy Buffalo Prairie State Bank in Buffalo Prairie, Ill.
November 10 - California
Bay Commercial Bank in Walnut Creek, Calif., has stepped in to outbid a rival to buy Valley Community Bank in Pleasanton, Calif.
November 10 -
Ambitious Renasant Corp. in Mississippi is still billions of dollars away from a key regulatory threshold of $10 billion in assets, but it's getting ready now for the demands that come with growing that large. Two of its top executives explain why.
November 10 -
A large activist investor has given an early vote of confidence to Malvern Bancorp's new chief executive, while backing off of demands that the Paoli, Pa., company sell itself.
November 10 -
The Office of the Comptroller of the Currency closed Frontier Bank FSB in Palm Desert, Calif.
November 10



