Florida

Ovation Holdings Inc. has agreed to buy most of Royal Palm Bank in Florida from Mercantile Bancorp.

EverBank Financial finally set a price for a planned $225 million capital raise after sitting on its initial public offering for half a year.

BB&T’s (BBT) deal to buy BankAtlantic Bancorp’s (BBX) thrift for up to $316 million has received the green light from the Office of the Comptroller of the Currency, one of three federal regulators that must approve the sale.

Regulators have entered into a consent order with the banking subsidiary of Community Bank of South Florida that requires the Homestead, Fla., bank to raise capital ratios.

A small Florida bank whose shares are so thinly traded that they are in danger of being delisted is suddenly one of the hottest stocks on the Nasdaq — and its president has no idea why.

BankAtlantic Bancorp (BBX) said in a regulatory filing that it will change its name to BBX Capital as part of its deal to sell its thrift to BB&T (BBT) in Winston-Salem, N.C.

BankAtlantic Bancorp Inc. (BBX) of Fort Lauderdale, Fla., said Thursday that it has canceled plans for a potential capital raise after reaching a new deal to sell its thrift to BB&T Corp. (BBT)

Tom Grady resigns after eight months on the job to temporarily lead Florida's biggest insurer.

The Office of the Comptroller of the Currency has ended a formal agreement with City National Bank of Florida.

There are few clear home runs when it comes to acquisitions in Florida. Controversy with would-be sellers such as BankAtlantic and BankUnited only serve to highlight issues facing regional banks that want to bulk up in the state.

Florida Capital Bank in Jacksonville has raised $25 million in the last 15 months as it works to meet regulatory capital ratios and overcome a slew of problem loans.

The parent company of United Legacy Bank in Winter Park, Fla., is buying a large stake in a rival bank in what appears to be the first step toward building a multi-bank holding company.

Losses at Florida Community Bank narrowed in the fourth quarter after the Miami bank trimmed overhead by cutting 10% of its workforce.

CenterState Bank in Winter Haven, Fla., bought a failed bank Friday. John Corbett, the head of CenterState, hired the target's new CEO months ago. He has used that philosophy several times to expand — and doesn't plan to stop there.

CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.

In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.

BankUnited Inc., which last week confirmed a short-lived effort to sell itself, said Wednesday that its fourth-quarter earnings rose nearly 50% from a year earlier, to $41 million.

WASHINGTON — In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.

BankUnited Inc. once seemed intent to grow on its own. But now, after a brief flirtation with selling itself, the company's main job will be assuring key constituents that it's simply going to stick around.

The Federal Reserve Board has ordered Southwest Florida Community Bancorp Inc. to maintain its health so that it can serve as a source of strength for its ailing bank subsidiary, First Community Bank of Southwest Florida in Fort Myers.