M&A
M&A
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BNC Bancorp in High Point, N.C., has filed to sell up to $150 million in securities. The $3.7 billion-asset company said in a filing Tuesday that it could issue common and preferred stock, debt securities and other securities from time to time.
August 28 -
Mid Penn Bancorp in Millersburg, Pa., has agreed to buy Phoenix Bancorp in Minersville, Pa.
August 27 - Wisconsin
First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.
August 27 -
Sound Community Bank in Seattle has acquired three branches on the Olympic Peninsula from Columbia Bank in Tacoma, Wash.
August 26 -
Capital Bancorp in Rockville, Md., has raised $5 million in senior debt financing. The $547 million-asset company obtained the financing only through local investors and without institutional investors, it said in a Tuesday press release.
August 26 -
Federal regulators have delayed or derailed several bank mergers and acquisitions in recent months. Here are some notable examples.
August 26 -
Many banks are aggressively closing branches to cut costs. Those banks must be mindful about branches in moderate- and low-income neighborhoods or risk downgrades after their next Community Reinvestment Act examination.
August 26 -
Is CIT Group's acquisition of OneWest Bank a harbinger of sizable deals? M&A adviser Aaron Packles thinks so.
August 26 -
The Midwest had the highest number of whole bank and branch deals of any region in the country so far this year, and Stifel worked on more of those deals than any other M&A adviser, according to our semiannual ranking.
August 26 -
A breakdown of M&A announcements in the financial services industry for the week ended Aug. 23.
August 25 -
Summit Financial in Moorefield, W.Va., plans to raise roughly $12.8 million through a private placement and a subsequent rights offering.
August 25 -
Espirito Santo Bank in Miami has hired the investment banking firm FIG Partners to market it to prospective buyers.
August 25 -
BBVA Compass will likely face restrictions on M&A and branching after issues turned up in its recent CRA exam. Though a CRA rating downgrade is bad, some believe the foreign-owned bank is better off than banks that have had compliance issues arise after submitting a merger application.
August 25 -
American National Bankshares in Danville, Va., has agreed to buy MainStreet BankShares in Martinsville, Va.
August 25 -
Stonegate Bank in Pompano Beach, Fla., has agreed to buy Community Bank of Broward in Dania Beach, Fla.
August 25 -
Who says you can't have it all? Banks like Eagle Bancorp and Puget Sound Bank are adding loans at a fast clip, but that hasn't stopped them from looking for deals. Still, such banks must make sure their deals do not wreck the growth engine they already have.
August 22 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
August 22 -
Blue Harbour Group, an activist investor fund, has amassed a 5.7% stake in Investors Bancorp in New Jersey.
August 21 -
Bryn Mawr Bank in Pennsylvania has agreed to buy Powers Craft Parker & Beard, an insurance broker and risk management consulting firm.
August 21 -
The Florida Office of Financial Regulation has approved Florida Central Credit Union's bid to buy a Sarasota, Fla., branch from First Federal Bank of Florida.
August 20





