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Lenders including Howard Bancorp and First Carolina Bank are shunning acquisitions as a route into new markets, to avoid overpaying for targets and inheriting potential loan problems.
May 5
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The company, once known as Southern National Bancorp of Virginia, plans to launch the as-yet-unnamed platform by the end of this year.
May 4
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The purchases of Truck Insurance Specialists and Hometown Insurance are expected to help the company expand its dealings in transportation and agriculture.
May 4 -
The company will start to offer insurance planning and risk management services as part of its purchase of Strategic Wealth Group in Valdosta, Ga.
May 4 -
The company’s retail banking and auto-lending businesses in the U.S. generated a larger share of overall profits in the first quarter, and Executive Chairman Ana Botín and other executives unveiled expansion plans for both units.
April 28
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The Arkansas bank is turning to asset-based lending and loans to venture capital and other investment groups to help fill a void created by a shortage of new, big-ticket commercial real estate deals.
April 28
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Mike Daniels has been president and CEO of Nicolet's bank since 2015.
April 28 -
The Dallas company will pay nearly $54 million for a 49% stake in a lender that operates in 10 states.
April 28 -
The $56 million acquisition will extend Southern California Bancorp's footprint north of Los Angeles.
April 28 -
The Missouri company announced the deal just five months after buying Seacoast Commerce in San Diego.
April 26
