M&A
M&A
-
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 - New York
Banks on opposite coasts Sterling Bancorp in New York and Banner in Washington are joining the list of institutions teetering on the $10 billion-asset threshold where a slew of new regulation kicks in. The banks' CEOs said they were finally able to peg the expected costs of reaching that size.
November 7 -
Hanmi Financial in Los Angeles reported higher quarterly earnings as organic loan growth and an acquisition offset significant margin pressure.
November 7 - Georgia
Fidelity Southern in Atlanta has agreed to buy deposits and loans from Florida Capital Bank.
November 6 -
MasterCard has agreed to buy the merchant payments unit of Transaction Network Services in Reston, Va.,a deal that would expand the e-commerce services offered by DataCash, MasterCard's payment processing subsidiary.
November 6 -
It has been three months since Bankwell Financial's CEO left abruptly. Some observers say it might make sense for Bankwell and others in a similar spot to consider selling while no change-of-control payout is involved.
November 6 -
Beneficial Bancorp in Philadelphia could raise as much as $633 million through its second-step conversion.
November 6 - Montana
Glacier Bancorp in Kalispell, Mont., has agreed to buy Montana Community Banks Inc. in Ronan, Mont.
November 5


