M&A
M&A
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Cardinal Financial (CFNL) in Tysons Corner, Va., has merged its two banks.
March 11 - Georgia
Ameris Bancorp (ABCB) in Moultrie, Ga., has agreed to buy Coastal Bankshares in Savannah, Ga.
March 11 - Michigan
Chemical Financial (CHFC) in Midland, Mich., has agreed to buy Northwest Bancorp in Traverse City, Mich.
March 11 -
In his annual shareholder address, the longtime CEO explained how M&T is working to fix its BSA compliance issues, took a swipe at megabanks and sang the praises of the bank's hometown.
March 10 -
The Charlotte, N.C., bank offers a model for other community banks that have expanded quickly in recent years but face a pricier M&A market: focus on smaller deals that provide additional liquidity and plug geographic holes.
March 10 - Florida
Four private-equity investors have sold their remaining stakes in BankUnited (BKU) in Miami Lakes, Fla., for almost $393 million.
March 10 -
A breakdown of M&A announcements in the financial services industry for the week ended March 8.
March 10 -
Joseph Stilwell said in recent regulatory filings that he wants Fairmount Bancorp in Baltimore and Harvard Illinois Bancorp to find buyers. He also filed a document backing Jefferson Bancshares' planned sale to HomeTrust.
March 10 -
Zaio Corp. (ZAO), a Canadian company that tracks property values in the U.S., is in talks to acquire Axis Appraisal Management Solutions in San Rafael, Calif.
March 7 -
BOK Financial Corp. (BOKF) in Tulsa, Okla., has agreed to buy MBM Advisors, a wealth management firm based in Houston.
March 7 -
A spike in consolidation is expected to provide growth-minded banks with more opportunities to lure executives and commercial lenders.
March 7 - Mississippi
First Bancshares (FBMS) in Hattiesburg, Miss., has agreed to buy BCB Holding in Mobile, Ala.
March 7 -
M&T Bank, the lender struggling to complete its merger with Hudson City Bancorp, cut Chief Executive Officer Robert Wilmers's pay by 23% last year as the stock lagged.
March 6 -
Try and expense hot chocolate or facial tissue for employees at Prosperity Bancshares, and Chief Financial Officer David Holloway is likely to give you an earful, his boss warns.
March 6 -
The subsidiaries of the $4.4 billion-asset company will be merged into Simmons First National Bank by August 2014, according to a Wednesday filing with the Securities and Exchange Commission.
March 6 - Arkansas
Bank of the Ozarks (OZRK) on Wednesday finalized the cash acquisition of Bancshares in Houston, as well as its wholly-owned subsidiary Omnibank, for $21.5 million.
March 6 -
Wells Fargo (WFC) has created a health care banking team within its corporate banking group.
March 5 -
Predictions vary widely on how hard it will be for foreign banks to comply with a new capital rule from the Federal Reserve. Many will have to sell branches or loans, or they may just need to shuffle some legal paperwork, depending on whom you speak with.
March 5 -
Huntington Banchshares (HBAN) in Columbus, Ohio, has completed its acquisition of Camco Financial but it has retained only half of Camco's 22 branches.
March 5 -
Park Sterling Corp. (PSTB) in Charlotte has agreed to buy Provident Community Bancshares (PCBS) in Rock Hill, S.C.
March 5



