M&A
M&A
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Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.
October 31 -
The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.
October 31 -
Some banks' compensation expenses are soaring from the effects of technology upgrades, severance payments and the hunt for loan growth. But they insist that the investments will pay off in the form of higher revenue and improved efficiency.
October 31 -
Toronto-Dominion Bank, the Canadian lender that spent about $17 billion building a branch network from Maine to Florida, will rely on internal growth over acquisitions to expand in the U.S., incoming CEO Bharat Masrani said.
October 31 -
MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.
October 31 -
First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.
October 31 -
First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.
October 30 -
Fifth Third Bancorp in Cincinnati plans to remain in the business of providing mezzanine finance, even though a rival investment management company has hired four of its lenders.
October 30 -
Park Sterling in Charlotte, N.C. reported lower quarterly earnings as integration costs for a recent acquisition overshadowed solid loan growth.
October 30 - Florida
The Florida company's business plan relies heavily on consolidation, but management hasn't announced a deal in more than two years. CEO Gene Taylor recently told analysts that M&A remains a focus, but the company will no longer discuss the topic until it has something to announce.
October 30 -
Pacific Commerce Bank in Los Angeles has agreed to buy Vibra Bank in Chula Vista, Calif.
October 30 -
Expect more regional banks to pursue deals that put them over the $50 billion-asset threshold in an effort to reap the benefits of implicit government subsidies.
October 30 -
Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit quality.
October 30 - Pennsylvania
S&T Bancorp in Indiana, Pa., has agreed to buy Integrity Bancshares in Camp Hill, Pa.
October 30 - Pennsylvania
WesBanco in Wheeling, W.Va., has agreed to buy ESB Financial in Ellwood City, Pa.
October 29 -
Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.
October 29 -
At least 10 large banks, including Bank of America, Citigroup and Wells Fargo, have raised more than $18 billion in programmatic capital since early last week. Tier 1 shortfalls, the end of earnings season and heightened market demand for bank issuances are among the reasons for the transactions.
October 29 -
Cullen/Frost Bankers in San Antonio reported increased quarterly earnings that reflected a significant reduction in credit costs.
October 29 -
BB&T has opened an office of its capital markets unit in New York to service corporate and institutional customers in the Northeast.
October 29 -
Prosperity Bancshares in Houston surpassed Wall Street estimates for the third quarter, fueled by two recent acquisitions.
October 29




